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Progreso Y Conciliacion #2` Group
In this Group: Maria, Mireya, Damaris , Virginia , Wanda
Maria is married and has five children. She lives in a small town in Consuelo, Barrio 15. Consuelo has many green fields, sugar plantations, narrow dirt roads, and tin houses that are constructed one next to another. Maria has lived there her whole life and operates a small women’s clothing shop from her home.

Maria has been in business for about eight years, selling clothes, intimate apparel, and custom jewelry. With this loan she will particularly buy women’s panties, bras, socks, bracelets, rings, earrings, and other accessories. She is also looking into buying a glass stand where she can display and protect her accessories.

This is Maria’s third loan with Esperanza. She states that business is not always good, it has its ups and downs, like everything else. She hopes that one day her business will reach a healthy size.

Please help Maria become a successful businesswoman in her community. 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

  • $9,700
    Average annual income
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $8,285,475
    Funds lent in using Kiva
  • 36.0
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Progreso Y Conciliacion #2` Group's $925 loan helped a member to purchase women's intimate clothing and accesories.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 19, 2009
Jun 19, 2009
Currency Exchange Loss:
Jan 15, 2010