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Caminando Con Jesus 1 Group
In this Group: Ana , Marcerlina, Carmen, Yoselin, Colasa
Ana is the coordinator of her group Caminando Con Jesus (Walking with Jesus), 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 Santiago, a large city known for its production of tobacco, where running water (none of which is potable) and electricity are unreliable. Ana makes her home there in a simple structure with her long-term partner and three children.



Ana is excited to be taking her fourth loan with Esperanza after having repaid her previous loan and grown her business. She plans to use this loan to invest in her business hawking clothing around her neighborhood by purchasing more merchandise. She will use the profits to save towards her goals of putting her business in its own locale and purchasing a vehicle to move her merchandise, developments that will make her life a lot simpler. Ana thanks all of you 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
  • 6
    View loans »
    Dominican Republic Loans Fundraising
  • $7,840,950
    Funds lent in using Kiva
  • 36.7
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Caminando Con Jesus 1 Group's $1,325 loan helped a member to purchase clothing to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2010
Listed
May 3, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010