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Mujeres Solidarias 3 & 4 Group
In this Group: Maria , Cristina, Chantale, Eliana, Admirable, Mimina, Miana, Dieumeme, Eliana, Cleanta
Maria is the coordinator for her group, Mujeres Solidarias (Women in Solidarity). Her story is representative of her group, as well as of Esperanza's Haitian and Dominican (many of whom recently emigrated to the DR from Haiti) clients generally. Her group is located in Puerto Plata, a northern city dependent on tourism for its economy and where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple set-up with her long term partner and their child.


Maria is excited to be taking her second loan from Esperanza after having successfully repaid her previous loan. She plans to use this loan to invest in her business selling clothing and vegetables by purchasing two dozen pairs of panties, pants and two dozen t-shirts as well as three dozen vegetables. She will use the profits to invest in notebooks and books for her child. In the long term she hopes to buy a house with the earnings from 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

  • $9,700
    Average annual income
  • 11
    View loans »
    Dominican Republic Loans Fundraising
  • $8,228,650
    Funds lent in using Kiva
  • 36.1
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Solidarias 3 & 4 Group's $2,625 loan helped a member to purchase clothing and vegetables to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010