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Genesis 1 & 2 Group
In this Group: Yaina, Nairobi, Maria, Xlara, Leonida, Paola, Julia, Andrea, Francisca, Mercedes
Yaina is the coordinator of her group Genesis. 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, generally. Her group is located in the slums north of S. Domingo, where crime is rampant and 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.

Yaina is excited to be taking her first 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 of selling used clothing by purchasing a large package of assorted used clothing that comes from places like the Salvation Army in the U.S. She will use the profits to invest in saving toward the future of her children.

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
  • 36.1
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Genesis 1 & 2 Group's $2,000 loan helped a member a large package of used clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 17, 2010
Jul 2, 2010
Currency Exchange Loss:
Jan 15, 2011