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Violeta 1, 2 Group
In this Group: Tomasa, Elva , Argentina , Mayra , Adriana , Esperanza , Maria , Manuel , Juana , Jilda
Thirty-two-year-old Tomasa D. L. (second to the right in the front row) is one of the coordinators for the Bank of Hope Violeta and a budding entrepreneur. She lives about an hour outside the capital, Santo Domingo, and makes a living selling clothes door-to-door. While Tomasa has had this business for six years, it’s grown since she took out her first loan in December 2007. Since then, Tomasa has paid back two loans and is now taking out her third (exactly twice the amount of her first one!)



One of the greatest benefits of a micro-loan is that it provides Tomasa with the capital she needs to expand her business. While many clothes vendors must travel to the capital two to four times each month to purchase new merchandise, Tomasa only has to make this trip once monthly. This indicates that she has a stable and steady source of income, which allows her to make larger merchandise investments. Since she does not have to make this trip as frequently, she reduces travel costs and also has more time sell the clothes. Since receiving her first loan, Tomasa has expanded her business to reach 12 rather than 6 communities within her city. While this growth is certainly impressive, Tomasa continues to dream and plan; she eventually hopes to own a store.



Tomasa’s aspirations also reach beyond her business as she has high aspirations for her eight-year-old son. While she wants him to study to become a lawyer, he is not yet convinced and would rather pursue a future as a policeman!



In her free time, Tomasa enjoys reading her Bible and learning about beautician practices and computers.



On behalf of Tomasa, the Bank of Hope Violeta, and the micro-finance institute Esperanza International, thank you for providing opportunities to those who need it most!

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
  • 6
    View loans »
    Dominican Republic Loans Fundraising
  • $8,065,475
    Funds lent in using Kiva
  • 35.9
    Dominican Republic Pesos (DOP) = $1 USD