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Con Cristo Y Nuestro Esfuerzo Group
In this Group: Maria, Dalia, Isabel, Marie, Angelita
Maria is the coordinator of her group Con Cristo y Nuestro Esfuerzo (With Christ and our Effort), 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 L. Romana, a rural area of the country dedicated to the sugar cane harvest, where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure, alone with her three children.

Maria is excited to be taking her second loan with Esperanza, after having successfully repaid her previous loan and grown her business. She plans to use this loan to invest in her small cafeteria by buying essential supplies: big bottles of water (which she also sells), meat, soft drinks, bread, fruit, etc. She will use the profits to develop her business further and to better the living conditions of her family. 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
  • 12
    View loans »
    Dominican Republic Loans Fundraising
  • $8,245,775
    Funds lent in using Kiva
  • 36.2
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Con Cristo Y Nuestro Esfuerzo Group's $1,225 loan helped a member to buy food supplies for a small cafeteria: water, meat, soft drinks, bread, fruit etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010