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Fe Y Amor 2 Y 3 Group
In this Group: Enelcida, Marie, Elza, Meranie, Jeunese, Edith , Dieula, Violeta, Gelimise, Alicia
Enelcida is the coordinator of her group Fe y Amor (Faith and Love). Her story is representative of the members of her group and of Esperanza's Haitian and Dominican (many of whom recently emigrated from Haiti to the DR) clients more generally. Her group is based around the city of La Romana, an area where the economy centers around the sugar cane industry and in which there is limited access to running water (none of which is potable) and electricity. Here, she makes her home as a single mother with her six children.

Enelcida has proven herself to be a reliable associate of Esperanza and this will be her sixth loan with us after having paid back her first five without problems. She is excited to take this loan to continue developing her fried food stand. With this loan she will buy salami, flour and cooking oil for her business. She hopes to use the profits to continue constructing her home. Her dream is to have a well constructed home for her children so that they can be safe and continue their studies. They thank 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
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $7,840,950
    Funds lent in using Kiva
  • 36.1
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Fe Y Amor 2 Y 3 Group's $3,900 loan helped a member to buy Salami, Flour and cooking Oil.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2009
Listed
Oct 17, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010