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Con Dios Adelante (G 3,4, 5) Group
In this Group: Elena, Luiciana, Susana, Bertilia, Maria, Yanira, Belkis, Altagracia, Yaneta, Yela, Teresa, Ttutuna, Nancy, Teresa, Omitana
Elena is the coordinator of her group, Con Dios Adelante (With God in the Lead). 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 La 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 with her long-time partner and their 4 children.

Elena 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 business: purchase clothes, food and other supplies for her small neighborhood convenience store. She will use the profits to improve the lives of her children (by purchasing school supplies, shoes, backpacks) and making improvements to heir home windows. She hopes for the well-being of her family and to own a larger store in the future. 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
  • 6
    View loans »
    Dominican Republic Loans Fundraising
  • $7,847,650
    Funds lent in using Kiva
  • 36.7
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Con Dios Adelante (G 3,4, 5) Group's $2,250 loan helped a member to buy supplies (clothes, food) for a small convenience store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010