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Ebenezer 1 & 2 Group
In this Group: Gloria , Maria, Lidia, Silvina, Ramona, Teofina, Alba , Felicita, Yeny, Mirtha
Gloria is the coordinator of her group Ebenezer and her story is representative of both the members of her group and of Esperanza's Haitian and Dominican clients (many of whom recently emigrated from the DR to Haiti) more generally. Her group is based in Los Alcarrizos, an industrial town where running water (none of which is potable) and electricity are unreliable at best. Here she makes her home with her 2 children and husband.



Gloria has proven herself to be an exemplary associate of Esperanza and this will be her fourth loan with Esperanza. With this new loan she plans to continue investing in her business of selling purses, shoes and accessories by buying more merchandise, such as 100 headbands to sell. With the profits she hopes to generate, she plans to invest in her own home as well as in books for her children. Her long-term dream is to establish her business well enough to have extra time to work with children and to start a foundation to help children with few resources live a better life. She thanks you for your support of her progress toward this noble goal!

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
  • 8
    View loans »
    Dominican Republic Loans Fundraising
  • $7,988,425
    Funds lent in using Kiva
  • 36.0
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Ebenezer 1 & 2 Group's $2,650 loan helped a member shoes, purses and accessories.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2009
Listed
Oct 21, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010