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Dios Es Amor 4 Group
In this Group: Juana, Dielourdes, Ana, Aviolle, Filomena
Juana is the group coordinator of the group Dios es Amor (God is Love). Her story is representative of the living conditions and businesses of her colleagues. The group is based in Los Alcarrizos, an industrial town north of Santo Domingo where running water (none of which is potable) and electricity are unreliable at best. Juana makes her home here in a simple structure made of concrete blocks with a tin roof with her husband and child.

"Would you like to purchase some clothing? While you look, why not have some ice cream to cool you down?" To paraphrase a bit, this would be the sales pitch that one might expect to hear from Juana. She recognized demand for these items in her local community and successfully established her business. After having successfully repaid her first loan, Juana is taking another loan to purchase more clothing, hair accessories, and ice cream to sell to her clients. She plans to use the additional profits to finish her home and also to purchase school supplies for her children. In the long term she dreams of sending her child to the university. 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

  • $7,611
    Average annual income
  • 0
    View loans »
    Dominican Republic Loans Fundraising
  • $8,088,925
    Funds lent in using Kiva
  • 35.9
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Dios Es Amor 4 Group's $1,450 loan helped a member to buy more products for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2009
Listed
Sep 19, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 16, 2010