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Paz Y Amor 1,2 Group
In this Group: Yesenia, Rosa , Clara , Antonia, Domingo, Santurnina, Daniela*, Cornelia, Leonida*, Trifania
* not pictured
Yesenia is the coordinator of her group, Paz y Amor (Peace and Love), 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) generally. Her group is located in Samana, a lush, rugged peninsula, where running water (which isn't potable) and electricity are unreliable. She makes her home here in a simple structure with her long-term partner and three children.


Yesenia is excited to be taking out her tenth loan with Esperanza after having successfully repaid her previous loan and grown her business. She plans to use this loan to supplement her business selling jewelry by starting a business selling sheets. With this loan she will buy fabric and a sewing machine with which to make sheets. She will use the profits to remodel her home and buy a computer for 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
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $8,158,875
    Funds lent in using Kiva
  • 36.8
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Paz Y Amor 1,2 Group's $2,625 loan helped a member to buy fabric and a sewing machine.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2010
Listed
Jul 2, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011