Check out some available loans that are similar to this one!
Desarrollo Comunitario 2,3 Group
In this Group: Apolonia, Ana , Natividad, Gregoria, Petra, Carmen, Dominga, Hilaria, Ruben, Dominga
Apolonia is the coordinator of her group, Desarrollo Comunitario (Community Development), 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 lush, rugged Samana peninsula, an area with a nascent tourism industry, 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 three children.

Apolonia is excited to be taking her tenth loan with Kiva partner, Esperanza, after having successfully repaid her previous loan and grown her business. She plans to use this loan to invest in her business selling clothing by purchasing shirts, pants, skirts and bracelets in the capital and then selling them at profit in her community. She will also purchase a cash register. Apolonia will use her profits to invest in remodeling her home as well as purchasing school supplies for her children. 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
  • 36.8
    Dominican Republic Pesos (DOP) = $1 USD