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Africa Romano 1, 2, 3 Group
In this Group: Brigida, Nelly, Basilia, Eriberto, Brasilia, Paula, Vicenta, America, Dania, Carmen, Genara, Luis, Ana, Elida, Hilaria
Brigida is the coordinator of her group Africa Romano 1, 2 & 3 (Roman Africa). She makes her home here in a simple structure with her long-term partner. She says that her most difficult challenge is to produce better candies to increase her customer base. In the meantime, she plans to continue enjoying to cook.

Brigida is excited to be taking her seventh loan with Esperanza, after having successfully repaid her previous loans and grown her business. Her business, which she started more than 10 years ago with some savings, is making candies. She plans to use this loan to invest in her business by buying natural medicine to sell at home and to continue producing candies. To do this, she needs to buy milk, sugar, vanilla, coconut and other goods. She will use the profits to buy more natural medicine. Her dream is to build her own house with concrete block and a roof.

This Esperanza associate began with us because she wanted to improve her business. Her story is representative of her group and of Esperanza's Haitian and Dominican clients, many of whom recently emigrated to the Dominican Republic from Haiti. Her group is located in the rural area surrounding El Seibo, an agricultural area. This area, like nearly all impoverished areas of the Dominican Republic, suffers from unreliable running water, none of which is potable, and unreliable electricity.

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
  • $7,840,950
    Funds lent in using Kiva
  • 36.6
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Africa Romano 1, 2, 3 Group's $4,850 loan helped a member to buy natural medicine and ingredients for making candies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2010
Listed
Sep 10, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011