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Mujeres Solidarias 1, 2, 3 Group
In this Group: Yaniris, Rosa, Carorin, Rosario*, Yadira, Justina, Magalis, Yumerys, Marina, Victoriano*, Rosa, Deisy, Ana *, Milagro, Santa
* not pictured
Yaniris is the coordinator of her group, Mujeres Solidarias 123 (Women in Solidarity), 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 Hato Mayor, a rural area where the economy is based around agriculture, and where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure, which is under construction, with her husband and her three children.

Yaniris is excited to be taking her second loan with Esperanza after having successfully repaid her previous loan and having grown her business. She plans to use this loan to invest in her business running a papelería (similar to a mini-office supply store) by purchasing a photocopier. She will use the profits from the business to invest to complete her home, as well as feed her children and pay for their school supplies. Her long-term goal is to finish her studies in the university, where she is majoring in business administration, and to have a prosperous 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
  • 2
    View loans »
    Dominican Republic Loans Fundraising
  • $8,161,575
    Funds lent in using Kiva
  • 36.0
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Solidarias 1, 2, 3 Group's $4,800 loan helped a member to purchase a photocopier.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2010
Listed
Jan 26, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010