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Mujeres Capactitadas 1,2,3,6 Group
In this Group: Isabel , Ysmelia, Luz , Silverio, Francisca, Maria, Maria, Marcelina, Juana, Justa, Anania, Angela, Ana, Leonora, Isidro , Asaria, Yuderka, Aracelis, Miguelina, Milagro
Isabel is the coordinator of her group Mujeres Capacitadas (Capable Women), and her story is representative of her group and of Esperanza's Haitian and Dominican (many of whom recently emigrated to the DR from Haiti) clients generally. Her group is located in the rural villages surrounding Puerto Plata where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure made of wood, concrete and a tin roof as a single mother with her one adult child.



Isabel is excited to be taking her fourth loan with Esperanza after having successfully repaid her previous loans, and she looks forward to continuing to grow with Esperanza. She plans to use this loan to invest in her business taking orders from her clients to purchase bed sheets, bedspreads, women's blouses and women's underwear in Santiago (the closest large city) and selling them at a profit. She will use the profits to continue improving her house to the point where there are no more wooden walls (which are susceptible to termites) with the long term goal of adding a small corner store to her home so that she can work from home.



Additionally, she would like to see her son become a professional and she is using part of the profits from her loan to fund his university education, studying accounting. He is the first person in her family to attend university. She thanks you all for your support and would like to urge more people to join Esperanza so that they can improve their lives like she has.

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

  • $9,700
    Average annual income
  • 12
    View loans »
    Dominican Republic Loans Fundraising
  • $8,235,725
    Funds lent in using Kiva
  • 36.1
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Capactitadas 1,2,3,6 Group's $4,875 loan helped a member bed Sheets, women's blouses, women's underwear and bedspreads to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 4, 2009
Listed
Dec 7, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010