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Esperanza Y Progreso 3 Group
In this Group: Juana , Theodore, Elsa, Betanie, Margarita
Juana C. (in the middle wearing a white shirt) is a Haitian immigrant living in Monte Coca, a batey in Hato Mayor, Dominican Republic. A batey is a village of sugar cane cutters and their families. Many of them don’t leave the bateys. Instead, they buy everything locally to avoid transportation costs.

In the morning, Juana makes and sells bread to her local community; in the afternoon, she sells clothes. With this loan, she will purchase both men and women jeans, underwear, firewood and ingredients for making bread. She has been in the business for as long as she can remember, always working as the hours in the day permit. Juana’s situation has pressured her to become the hard worker that she is. She is living as an immigrant, learning a foreign tongue, and is single mother raising four children. She hopes that with her profits she can one day buy a horse and a cow.



Please strongly consider lending to Juana and her group. Esperanza thanks you for your support.

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
  • $7,840,950
    Funds lent in using Kiva
  • 36.0
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Esperanza Y Progreso 3 Group's $950 loan helped a member purchase of jeans, underwear, and ingredients to make bread.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2009
Listed
Jul 21, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010