- Dominican RepublicFoodFunding via Esperanza International Dominican Republic, a partner of HOPE International
- Dominican RepublicClothingFunding via Esperanza International Dominican Republic, a partner of HOPE International
- Dominican RepublicRetailFunding via Esperanza International Dominican Republic, a partner of HOPE International
Las Responsables 1, 2 ,3 & 4 Group
Maribel is excited to be taking her first loan with Esperanza and she is excited about the potential to continue growing her business. She plans to use this loan to invest in her business running a "colmado" or small corner store. She will use the capital to stock her store with rice, cooking oil, beans and refreshments. She will use the profits to invest in her family and to continue growing in the future. She thanks you all for your support.
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
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Success!! The loan was 100% repaid