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La Fe 1 & 2 Group
In this Group: Rosaura, Altagracia, Lora, Ligia, Yolanda, Genara, Nercida, Juana, Valentina, Arilene
Rosaura is the coordinator of her loan group, which is called "La Fe" (The Faith). Her story is representative of her group and of Esperanza's Haitian and Dominican clients, many of whom recently emigrated to the DR from Haiti. Her group is located in the Samana Peninsula, a lush, rugged area with a nascent tourism industry, where running water is not potable and electricity is unreliable. She makes her home here in a simple structure. She is a single mother with 8 children.

Rosaura is excited to be taking her sixth loan from Esperanza, after having successfully repaid her previous loans and expanded her business. She plans to use this loan to expand her clothing business by purchasing skirts, shoes and pants to sell to her well-developed clientele, and a sewing machine to do alterations and repairs. She will use the profits to purchase food for her children, and a computer for them to learn on. 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
  • $8,272,350
    Funds lent in using Kiva
  • 36.3
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of La Fe 1 & 2 Group's $2,950 loan helped a member skirts, pants and shoes to sell and a sewing machine.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 27, 2010
Feb 5, 2010
Currency Exchange Loss:
Aug 15, 2010