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Mujeres De Amor Group
In this Group: Amancia, Juana, Josefa, Yojaira, Maria, Maria, Maria, Cruz, Maria, Alicia
Amancia G. acts as the group coordinator for ten women from Los Nunez, a neighborhood on the outskirts of Puerta Plata. She, like many of the women in her group, is unhappy with the poverty which her family lives in. A few years ago Amancia’s husband died leaving her struggling to support herself and her three kids. Although she has recently remarried, she remembers the hardships she experienced as a single mother and wishes to secure a future for her family.

After Amancia’s first husband passed away she provided for her children by selling clothing in Puerto Plata. Amancia says that she used to buy clothes at a discount from a warehouse in Santiago and then sell individual items of clothing in her neighborhood. Now, she hopes to use Esperanza to help her to start selling clothes again. Amancia believes that with the help of Esperanza she will be able to make her business a success. She says that Esperanza’s loan will allow her to obtain an additional discount from the warehouse because she will be able to buy in bulk.

Amancia’s hope is to spend the income from her clothing sales to provide her children with a good education. She says that she wants to help her children to learn English and dreams that she will be able to send them all to college. Amancia is particularly interested in helping her youngest son Rafael to pursue an artistic career. Although he is only ten, Rafael has demonstrated musical talent.

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 Mujeres De Amor Group's $1,775 loan helped a member to buy clothing in bulk.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2009
Listed
Jul 16, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010