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Unidos Venceremos 2,3 Group
In this Group: Martina, Esclastica, Cirilia, Evelin, Alejandra, Martira, Ramonita, Ruth *, Basilio, Adriano
* not pictured
Martina is the coordinator of her group, Unidos Venceremos (Together we will be victorious), and her story is representative of her group and of Esperanza's Haitian and Dominican clients generally (many of whom recently emigrated to the Dominican Republic from Haiti). Her group is located in the Samana peninsuL., a lush, rugged 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 three children.

Martina is excited to be taking her ninth loan with Kiva partner, Esperanza, after having successfully repaid her previous loans and grown her business. She plans to use this loan to invest in her business by traveling to the capital to purchase skirts, jeans, blouses and pants in the main markets and then bringing them back to her community to sell. She will use the profits to invest in her business by purchasing a scooter to help her move her merchandise as well as saving towards having her own store one day (her current business is mobile). Additionally, she plans to invest in her home by remodeling it, and in her family by purchasing necessary medicines. 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
  • 8
    View loans »
    Dominican Republic Loans Fundraising
  • $7,988,425
    Funds lent in using Kiva
  • 36.1
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Unidos Venceremos 2,3 Group's $3,550 loan helped a member to purchase blouses, skirts, blue jeans and pants to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2010
Listed
Mar 10, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010