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Si Se Puede! 1,2 Group
In this Group: Carolina, Esperanza, Orilia, Mariel, Bernadette, Gloria, Marcelina, Maribel , Toedora, Maria
Carolina is the coordinator of her group Si se pueD.! (Yes We Can!) and her story is representative of her group and of Esperanza's Haitian and Dominican clients generally — many of whom recently emigrated to the DR from Haiti. Her group is located in the slums north of Santo Domingo where crime is rampant and where running water (none of which is potable) and electricity are unreliable. She lives in a simple structure as a single mother with her child.

Carlonia is excited to be taking out her third loan with Esperanza after having successfully repaid her previous loans and grown her business. She plans to use this loan to invest in purchasing more rice, sugar, coffee, yuca, bananas and plantains. She will use the profits to invest in a computer for her child to learn on. Her dream is save towards turning her small stand into a large grocery store and have a vehicle to move merchandise with. 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
  • 36.2
    Dominican Republic Pesos (DOP) = $1 USD