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Dios Proveera 4,5,6 Group
In this Group: Monica, Erismena, Maximo, Andreina, Fela , Milagros , Francisca, Susana, Emilia, Celisa
Monica is the coordinator of her group Dios Proveera (God will provide), and her story is representative of her group and of Esperanza's Haitian and Dominican clients (many of whom recently emigrated to the DR from Haiti). Her group is located in the rural areas surrounding La Romana, 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 their two children.


Monica 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 selling clothing by purchasing blouses, pants, sheets, and skirts.


She will use the profits to save toward her goal of owning her own home.

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
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $7,981,250
    Funds lent in using Kiva
  • 36.7
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Dios Proveera 4,5,6 Group's $2,225 loan helped a member to buy blouses, pants, sheets, and skirts to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011