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Mujeres Luchando Contra La Pobreza Group
In this Group: Yenny, Arlin, Berenice, Glady, Geraldo
Yenny, a 25-year-old woman from Puerto Plata, is the coordinator for the group Mujeres Luchando Contra la Pobreza (Women Fighting Against Poverty). Her story is representative of the other members in this group. Yenny lives with her husband and three young children in Puerto Plata, a port town in northern Dominican Republic. Puerto Plata, a tourism-based area, experiences constant economic volatility, lacks access to potable water, has unreliable electricity, and inadequate sanitation and health care.

Yenny sought a loan from Kiva partner, Esperanza, to help expand her store 'Fantasia', which sells women's items, perfumes and cosmetics. Yenny will use the money from this loan to purchase dozens of undergarments and cosmetics.

Yenny also hopes to use the success of her business for the benefit of her home and family. "I would like to put a new floor in my house and purchase the pens, notebooks and books my children need for school," she says. Yenny dreams of expanding her business one day into the international arena, and is grateful for the support of Esperanza and the opportunities she has to turn her dreams into reality. Thank you for lending to Yenny and Mujeres Luchando Contra la Pobreza.

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

Success!! The loan was 100% repaid

A portion of Mujeres Luchando Contra La Pobreza Group's $775 loan helped a member to purchase panties, bras and cosmetics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2009
Listed
Jan 7, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2010