Check out some available loans that are similar to this one!
Emmanuel 1 & 2 Group
In this Group: Maria, Juana, Dulce, Martina, Andrea , Diocelis, Mayelin, Xiomara, Ruperto, Antonia
Maria is the coordinator of her group, Emmanuel, and her story is representative of her group and of Esperanza's Haitian and Dominican (many of whom recently emigrated to the DR from Haiti) clients generally. Her group is located in the rural communities surrounding El Siebo, a rural town where agriculture dominates the economy 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 four children.

Maria is excited to be taking her 10th loan with Esperanza, a Kiva partner, after having successfully repaid her previous loans and grown her business considerably. She plans to use this loan to invest in her business by purchasing fruits as merchandise to sell. She will use the profits to reinvest in her business with the dream of one day owning her own store from which to sell fruitM. 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
  • 0
    View loans »
    Dominican Republic Loans Fundraising
  • $7,981,250
    Funds lent in using Kiva
  • 36.0
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Emmanuel 1 & 2 Group's $3,950 loan helped a member fruits to sell such as pineapple, passion fruit and oranges.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 30, 2009
Listed
Jan 27, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2010