Unidos Para Progresar Group
She is currently operating a "Combustible or fuel sales”. She is planning to use the new loan to buy fuel from retailers and sell it by bottles or gallons in her community. She will use profits to save, because she wants to improve her business and make her dreams and most difficult challenges come true. She wants to have and build her own house, in a safe structure. Her favorite pastime is to be with her children.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
About Dominican Republic
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Success!! The loan was 100% repaid