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La Fe Group
In this Group: Adriana, Magalis, Altagracia, Juana, Andrea
Adriana is the coordinator of her group, La Fe (The Faith), 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.

Adriana’s group is located in El-Seybo, an agricultural area where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure with her longtime partner and their two children.

Adriana is excited to be taking her fourth loan with Esperanza after having successfully repaid her previous loans and built her business. She plans to use this loan to invest in her business with a mobile stand that sells the essentials such as chicken, rice, oil and vegetables which she will purchase with this loan.

Adriana will use the profits to invest in her home by refinishing the floor and purchasing food for her family. 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
  • 36.3
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of La Fe Group's $1,075 loan helped a member to buy chicken, rice, oil and vegetables to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2010
Listed
Feb 8, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010