Check out some available loans that are similar to this one!
Amigos Unidos 3, 4, & 5 Group
In this Group: Paul, Ana, Denise, Jonn, Sofhia, Vola, Joseph, Fidelina, Micheline, Ginouse, Mousete, Marriset, Filippe, Elsa, Fania
Paul, 36, is a borrower who lives near San Pedro de Macorís, Dominican Republic. He is the coordinator for his group, Amigos Unidos (Friends United), and his story is representative of the other borrowers in the group.



Paul and his wife have four children, ages 1 month to 11 years. Together with the rest of the Amigos Unidos group, they live in Batey Los Gunoco. Bateyes are small rural communities built by sugar companies to house their field workers. People who live in bateyes generally have no running water, little to no electricity, and poor medical attention. Despite these difficulties, Paul has found success in his business selling clothing to friends and neighbors. With this loan, he hopes to buy more used and new clothing, including shoes, blouses, and pants.



Paul has big dreams for the future, and with your support he can get there. Paul dreams of owning his own disco one day, providing a fun place for the people in his community to spend their time. With the profits from his business through past loans, Paul has already begun building his own H. for his family. He hopes to finish the house soon with additional profits. Paul also hopes to send his children to college so they can become lawyers, doctors, architects, or anything they want to be. Paul’s dreams for himself, his business, and his family are lofty, but Esperanza believes in his vision and in the vision of the Amigos Unidos group. Thank you for lending!

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
  • 36.2
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Amigos Unidos 3, 4, & 5 Group's $3,725 loan helped a member new and used clothing.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2010