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Mujeres Unidas 1 And 3 Group
In this Group: Valentina, Dolores, Jesuita, Alberto, Maria, Basilia, Santa, Esperanza, Reyes, Cristina
Valentina is the group coordinator for Banco de Esperanza (Bank of Hope) Mujeres Unidas (United Women). Her story is representative of the others in her group and more generally of Esperanza's Haitian and Dominican clients. Valentina and her five children live in Hato Mayor, a rural area in the Dominican Republic.

Valentina is an excellent Esperanza client and has successfully repaid seven loans. With this loan, her eighth, she plans to buy fruit to sell in her community. Specifically, she will purchase oranges, plantains and bananas.

Using the proceeds from her business, Valentina has been able to purchase clothes and food for her children. She has also repaired some parts of her house. Her dream for the future is to continue to educate her children and make improvements to her house. Valentina thanks you for your support in helping her achieve her goals!

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
  • 9
    View loans »
    Dominican Republic Loans Fundraising
  • $7,997,375
    Funds lent in using Kiva
  • 36.1
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Unidas 1 And 3 Group's $3,625 loan helped a member oranges, plantains, bananas and other fruits.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2009
Listed
Oct 23, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010