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Nuevo Por Venir 1 Group
In this Group: Maridanes, Carmen, Lidia, Eligio, Arianny
Maridanes is the group coordinator of the group Nuevo Por Venir (New to come) based in Las Galetas, a neighborhood surrounding the city of San Pedro in south of the Dominican Republic. Here she makes her home with her five children (three boys and two girls) and her husband. Additionally, they are expecting a boy in two months. Her home is maD. of wood, with a metal roof and cement floor that has begun to show some wear over the ages. Domestic services such as electricity are very unreliable.

With this new loan Maridanes aims to continue growing her business selling bedspreads and shoes. She plans to do this by purchasing more in bulk to obtain a better price. In addition, she has identified a need in her community for someone who sells eggs and lentils, especially around dinner time, and she will begin stocking both items.

With the increased income that she expects, she hopes to improve both her floor and her roof as well as to one day buy the house she lives in. Additionally, she plans to invest in her children through education and proper nutrition in the hopes that they will one day be doctors or engineers. She thanks you all 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

  • $9,700
    Average annual income
  • 2
    View loans »
    Dominican Republic Loans Fundraising
  • $8,374,650
    Funds lent in using Kiva
  • 36.1
    Dominican Republic Pesos (DOP) = $1 USD