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Amigos Unidos 4` Group
In this Group: Paul , Fania, Sofhia, Roberta, Natividad
Paul is the head of his household and provides for his wife and three children. He owns a small clothing retail business called 'Ropas Paul', and his customers are primarily people from the local community. With his loan Paul will buy clothes in bulk. This will reduce his transport costs to the nearby city. In the future he hopes to expand his business and generate enough income to have his own house. Please help Paul and his group expand their businesses. Thank you.

Additional Information

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

  • $7,611
    Average annual income
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $7,840,950
    Funds lent in using Kiva
  • 35.9
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Amigos Unidos 4` Group's $1,075 loan helped a member to purchase clothes in bulk.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2009
Listed
Jun 1, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009