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Mujer Virtuosa 1,2 Group
In this Group: Rosa, Dominga, Kenia, Lucinda, Wendy , Lucia, Jacoba, Nidia, Nelly , Paulina
Rosa is the coordinator of her group Mujer Virtuosa (Virtuous Woman), 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 rural areas surrounding Hato Mayor, 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 long term partner and children.

Rosa is excited to be taking her first loan with Esperanza, and believes that working with Esperanza will be help her to improve her life. She plans to use this loan to invest in her business selling cleaning products by traveling to the Capital to purchase bathroom cleaning products and handsoap to sell at a profit in her community. She will use the profits towards the education of her children, as well as purchasing a vehicle. Her long term goal is to be an asset to her community. 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
  • 0
    View loans »
    Dominican Republic Loans Fundraising
  • $7,927,450
    Funds lent in using Kiva
  • 36.0
    Dominican Republic Pesos (DOP) = $1 USD