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Renovacion De Las Aguilas Group
In this Group: Tania, Ramona, Nidia, Almencia, Sonia, Nieve, Candida, Candida, Yudelki, Alquimedes
Tania is the coordinator of her group Renovacion de Las Aguilas (Renewal of the Eagles), 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 Santiago, an area 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 her long-term partner and three children.

Tania is excited to be taking her third loan with Esperanza after having successfully repaid her previous loan and expanded her business. She plans to use this loan to invest in her ambulatory business selling clothing by purchasing men's, women's and children's clothing in the main markets in Santiago and then reselling them at a profit in her community . She will use the profits to save towards her goal of owning her own home. 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
  • 2
    View loans »
    Dominican Republic Loans Fundraising
  • $8,275,775
    Funds lent in using Kiva
  • 36.2
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Renovacion De Las Aguilas Group's $2,450 loan helped a member to purchase men's, women's and children's clothing to resell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
May 7, 2010
Jun 1, 2010
Currency Exchange Loss:
Nov 15, 2010