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Mujeres Emprendedoras Group
In this Group: Ignacia, Maria, Evangelista, Eusebia, Leonor, Bonifacia, Vicente, Francisca , Wendy, Lucia, Anastacia, Rafaela, Cristobalina , Isabel , Diomerkis
Ignacia T. is the group coordinator of the group Mujeres Emprendedoras 3 (Entrepreneurial Women). Her story is representative of both the members of her group and Esperanza's Haitian (many of whom recently emigrated to the DR from Haiti) and Dominican clients. She lives in Puerto Plata, on the north coast of the Dominican Republic, is unmarried and does not have children. She lives in a town without clean running water and without a reliable supply of electricity.

To make a living, Ignacia has been selling clothes for about a year now. She would like a loan to purchase more clothes to appeal to more customers. She dreams of one day having a permanent storefront.



This is Ignacia's second loan with Esperanza. She says that Esperanza has maD. a large impact in her life by giving her the means to expand her business and the ability to better proviD. for herself.

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
  • $8,161,575
    Funds lent in using Kiva
  • 35.9
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Emprendedoras Group's $3,125 loan helped a member to purchase more clothing inventory/merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2009
Listed
Oct 2, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010