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Plan De Lucha 4 Group
In this Group: Hilaria, Floridaliza, Juana, Jesus, Moreno
Hilaria is the coordinator of her group, Plan de Lucha (Plan to Fight!), and her story is representative of her group and of Esperanza's Haitian and Dominican (many of whom recently emigrated to the Dominican Republic from Haiti) clients generally. Her group is located in the rural areas surrounding Hato Mayor, where the economy is based primarily around agriculture, and where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure with her long-term partner and their five children.

Hilaria is excited to be taking her seventh loan with Esperanza after having successfully repaid her previous loans and growing her business. She plans to use this loan to invest in her business running a colmado, or corner store, by purchasing the basics products that her clients expect to find such as rice, beans, cooking oil and powdered milk. She will use the profits to invest in her children's education and continuing to grow 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

  • $7,611
    Average annual income
  • 6
    View loans »
    Dominican Republic Loans Fundraising
  • $7,847,650
    Funds lent in using Kiva
  • 36.0
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Plan De Lucha 4 Group's $2,000 loan helped a member to purchase items for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2010
Listed
Jan 26, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010