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Esperando En Dios 2 Group
In this Group: Jaqueline, Maria, Malita, Yilen, Alexis
Jaqueline is the coordinator of her group Eseperando en Dios (Hoping with God), and her story is representative of other in her group and of Esperanza's Haitian and Dominican clients overall, many of whom have recently emigrated to the Dominican Republic from Haiti. Her group is located in the rural areas surrounding El-Seibo, a poor 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 long term partner and their child.

Jaqueline is excited to be taking her fifth loan with Esperanza after having repaid her previous loans which she successfully used to grow her business. She plans to use this loan to invest in her business by purchasing more gasoline, charcoal, and boots to sell. This is a good business as there is no gas station in her area, thus she provides a much-needed service. She will use the additional profits to purchase school supplies for her children and to make home improvements. 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 Esperando En Dios 2 Group's $700 loan helped a member to buy more charcoal, gasoline, and boots to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2010
Listed
Mar 8, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010