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La Alternativa 1,4 Group
In this Group: Juana, Pelagia, Santa, Ruth, Terma, Noemi, Martha, Juana, Germania, Alida
Juana E. runs a clothing business from her home near Samaná, Dominican Republic. For the past six years, she has been dedicated to providing her neighbors with men’s, women’s and children’s apparel, and has found her business to be quite successful. She took out her first microloan a year and a half ago, and is beginning her fourth loan cycle with Esperanza.


A smart businesswoman, Juana seeks out the best prices for clothing from cities all across the northwestern part of the Dominican Republic – she even travels to the border with Haiti to buy less expensive clothing in order to help garner a profit. She is so well known in her neighborhood that she no longer has to go door to door to sell clothing. Before she goes to Santiago or another location to purchase her inventory, individuals come to her home and request a customized list, and Juana is more than happy to find exactly what they want.


Currently living with just her husband, Juana has seen all three of her children (two daughters and one son), not only get married, but also pursue college education. With her business, Juana has been able to support her children’s education. One wishes to be a nurse and another studies English. Smiling, she adds (as any mom with college-age students might say), “Now they have to pay the university on their own! When you’re married, you pay for your own stuff.”


In the future, Juana wishes to have her own store where she can sell her clothing. She is hoping that future earnings can help her afford to build an extra room on her house dedicated solely to her business. To improve her home, she is also hoping that extra profits might allow her to replace her wood walls with ones made of concrete blocks.


Thank you for your loan to Juana and the others in 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

  • $7,611
    Average annual income
  • 0
    View loans »
    Dominican Republic Loans Fundraising
  • $7,981,250
    Funds lent in using Kiva
  • 36.0
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of La Alternativa 1,4 Group's $1,975 loan helped a member to buy new men's, women's and children's clothing.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2009
Listed
Aug 15, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010