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Esperanza 2&3 Group
In this Group: Antoinet, Gladys, Rozana, Sophane, Lucner , Henryel, Marcile*, Rosse *, Jaqueline, Bertha
* not pictured
Antoinet is the group coordinator of the group Esperanza (Hope), which is based in the rural area surrounding Santiago, a city in the mid-west region of the country where electricity and running water (not suitable for drinking) is unreliable at best. Here she makes her home with her husband and three primary-school-aged children in a simple rented house of cement blocks and a tin roof. Access to medical supplies and nutrition are also limited – it has been over two years since she was last able to see a doctor and her family typically consumes only two meals per day for lack of regular income.

Despite these obstacles, Antoinet remains confident that her future will be better, and she has come to Esperanza to request her first loan. With this loan she plans to purchase yuca, potatoes, beef, chicken, salami and other cooking items to open a comedor (cafeteria). She hopes that this business will provide a regular income for her family. 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
  • 4
    View loans »
    Dominican Republic Loans Fundraising
  • $8,254,875
    Funds lent in using Kiva
  • 35.9
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Esperanza 2&3 Group's $2,250 loan helped a member to purchase yuca, potatoes, meat, chicken and salami.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 25, 2009
Sep 11, 2009
Currency Exchange Loss:
Jul 15, 2010