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Unidos Venceremos 2 Group
In this Group: Bladimir, Darline, Belkis, Merita, Luvana
Bladimir is the coordinator of his group Unidos Venceremos (Together We Will Overcome), and his story is representative of his group and of Esperanza's Haitian and Dominican clients generally (many of whom recently emigrated to the Dominican Republic from Haiti).

Bladimir’s group is located in the rural areas surrounding La Romana, an area dominated by the sugarcane industry and where running water (none of which is potable) and electricity are unreliable. He makes his home here in a simple structure with his longterm partner and their two children.

Bladimir is excited to be taking his fourth loan with Esperanza after having successfully repaid his previous loan and grown his business. He plans to use this loan to invest in his business running a small cafeteria by purchasing sugar, oil, rice, beans and some perfumes to sell on the side.

Bladimir will use the profits to invest in saving towards a vehicle which will help his business and family at the same time. He 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
  • $7,981,250
    Funds lent in using Kiva
  • 36.1
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Unidos Venceremos 2 Group's $1,425 loan helped a member to buy sugar, oil, rice and beans for his cafeteria plus perfumes to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2010
Listed
Mar 4, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010