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Ayudanos Señor 1,2 & 3 Group
In this Group: Antonia, Hilma, Claudia, Rominia*, Yahaira, Leonidas, Tereza, Philomene*, Maria , Yoselyn, Rene, Mariluz, Jotha*, Margarita, Lucienne
* not pictured
Antonia is the coordinator of her group, Ayudanos Señor (Help us, God), and her story is representative of her group. and of Esperanza's Haitian and Dominican clients, many of whom recently emigrated from Haiti to the Dominican Republic. Her group is based in areas surrounding La Romana, an area where the economy focuses on sugar cane, where running water is not potable, and electricity is unreliable at best. Here she makes her home with her three dependents and her husband.

Antonia is excited to have successfully repaid her firS.loan without incident, and Esperanza is excited to extend her another one and see her continue to expand her food business. While she focuses primarily on fried foods and empanadas, with this new loan, she plans to expand into ice cream and sweets. She sees a market for these items and believes the increased profits will help her pay to transport for her children to school and to continue to expand her business. 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
  • 36.1
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Ayudanos Señor 1,2 & 3 Group's $3,625 loan helped a member flour, sugar, cooking oil, ice cream components and coconuts.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2009
Listed
Oct 20, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2010