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La Superación 3 Group
In this Group: Ana, Zulema, Yovana, Maria, Germania
Ana P. (second from right) and four other members of La Superación are all seeking their very first loan with Esperanza. Living on a hill just outsiD. of Samaná, Dominican Republic, Ana is anxious to start her very first business venture with this loan. She plans to start a store which sells various sorts of food and drink, including chicken, vegetables, fruit and soft drinks.

Ana currently lives with her parents in a cramped home, with her two small children and another young cousin. Looking into the future, Ana is hoping to proviD. for her children as they grow – they are currently just 2 years old and 8 months. Currently planning on selling her wares from home, Ana seeks to one day have her own little store. A home for her children, while still a goal some time in the future, is something she is already dreaming about.

I urge you to consider loaning to Ana and the others in her solidarity group. All five of them have inspiring stories which have led them to take out their very first microloans. It would be wonderful if you were to support these first-time entrepreneurs, discovering how to do business in the Dominican Republic.

For a list of all other Esperanza loans currently waiting for funding on Kiva, click on the following link: Currently Fundraising Esperanza Loans.

Muchas gracias!

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
  • 12
    View loans »
    Dominican Republic Loans Fundraising
  • $8,221,500
    Funds lent in using Kiva
  • 35.9
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of La Superación 3 Group's $775 loan helped a member chicken, vegetables, fruit and soft drinks.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2009
Listed
Aug 13, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010