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Divina Misericoridia Group
In this Group: Quesy , Elizabeth, Jaqueline, Jossy, Sinforiano
Quesy is the coordinator of her group 'Divine Misericordia' (Divine Mercy), and her story is representative of her group and of Esperanza's Haitian and Dominican (many of whom recently emigrated to the DR from Haiti) clients generally. Her group is located in the urban slums surrounding Santiage, a large city known for tobacco production, where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure with longterm partner and their four children.

Quesy is excited to be taking her fourth loan with Esperanza after having successfully repaid her previous loan and grown her business. She plans to use this loan to invest in her business running a small food stand, by purchasing the rice, beans, vegetables and cooking oil (all staples of Dominican life) that her customers demand. She will sell these goods and use the profits to invest in the education of her children by saving for them to go to the university. 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
  • 4
    View loans »
    Dominican Republic Loans Fundraising
  • $8,150,000
    Funds lent in using Kiva
  • 36.4
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Divina Misericoridia Group's $1,525 loan helped a member rice, beans, vegetables and cooking oil for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2010
Listed
Apr 17, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010