Monday, December 8, 2008

kiva loan number 5 "Rosa Azime Group"

I made another $25.00 Kiva Loan! (yeah for those 2% rebate checks from my CC)

Group Name:
Rosa Azime Group
Group Members:
Rosa Azime Odius Derval Marie Mariana Lemania Milbin Chrisnar Santillier
Location:
Puerto Plata, Dominican Republic
Primary Activity:
Fruits & Vegetables
Loan Requested:
$1,050.00
Repayment Term:
5 months
Loan Use:
Purchasing products for her business
Date Posted:
Dec 5, 2008

Rosa Azime is a part of a large group of women named "Paz y Amor" which means Peace and Love. She and her whole group are living in extreme poverty, and almost all of them have no form of steady income.

Rosa is a mother to 3 children, and has to take care of them all by herself without a husband. She is so excited about the idea of starting her own business, and needs this to help provide for her 3 children. She plans on starting a small business selling fruits and vegetables in her area.
She hopes to have a thriving grocery store someday, and to save enough to send her children to college. She said she wants nothing more than for her children to have a better life than she has had, and said she is willing to do anything to give that to them. She said she feels that having her own business is the first step to reaching her goals, and she is ready for this challenge!


About Group Loans In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults

1 comment:

  1. A loan institution should allow their customers to create status instructions to instantly negotiate their auto payment from their account every month.


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