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Arcoiris Group 2
In this Group: Marcia, Juana, Yosary, Eulalia, Marisol
Marcia M. D., pictured in the middle, is the coordinator of her five-member group. She resides in Carlo Alvares, a small town in the sector of Villa Mella, part of Santo Domingo Norte. Marcia is a single mother and lives with her two sons. The youngest is 16, and is a senior in high school and wants to study electronics. The eldest, 18, is a sophomore in college who wants to study informational engineering and is learning Japanese. Marcia has had six years of experience working as a massage therapist, going home to home.


With this loan she plans to buy two massage machines that would help her avoid unnecessary strain on her hands, so she can have more sessions per day. She would also invest in massage lotions and ointments to sell which boost her income. Through Esperanza, Marcia plans to take marketing courses in order to become a better businesswoman.


Through the additional income from her business as a result of this loan, Marcia hopes to be able to pay for her son's college without it being such a huge burden on her household. She also hopes to begin to save part of her income so her eldest son can study abroad in Japan in a year or two. One of her dreams is to open her own aesthetic center, where she would have others work for her, and only attend lifelong customers, while she manages the business.


Marcia will share this loan with the other members of her group.

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
  • 11
    View loans »
    Dominican Republic Loans Fundraising
  • $8,228,650
    Funds lent in using Kiva
  • 35.9
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Arcoiris Group 2's $825 loan helped a member massage machines, massage ointments and lotions.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010