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Fe En Dios 4, 5 & 6 Group
In this Group: Georgina, Blanca, Elaine, Luz*, Joselin, Jenry, Maria*, Samira*, Johanna, Bermarily, Carolina, Jeannette, Jose, Maria, Maria
* not pictured
Georgina is one of the members of the Grupo Fe en Dios 4, 5, & 6 [Faith in God 4, 5 & 6 Group] composed of 13 women and two men, owners of microenterprises in the areas of clothing sales, natural product sales, shoe and jewelry sales, etc. Her family is made up of her, her partner and three children of whom two still live with them. She tells us her favorite activity is eating, so she enjoys every mealtime.

Georgina is very excited to receive her Second loan with Esperanza Internacional, after having satisfactorily paid off her previous loan and taken another step for the growth of her business. She has had her business for around 15 years and began by selling pieces of gold jewelry. Georgina is planning to invest her new loan in the purchase of 15 units of perfume and ten pairs of shoes. She is going to use her earnings to build a new room in her living quarters and to contribute to the household income. Her dream is to be able to travel to various countries and buy merchandise abroad. She sees her dream as very easy to fulfill if she is dedicated and continues developing her business through the loans.

This associate of Esperanza obtained a loan with us because she had the desire to do better and continue injecting capital into her business. Her story is being used to represent the other members of the group and the clients of Esperanza, both Haitians (who for the most part have emigrated to the Dominican Republic from Haití, some of them recently) and the Dominicans, who in general live in very poor communities. This area, like many other areas of scarce resources in the Dominican Republic, is lacK. in safe drinK. water and dependable electrical service. This group is located in the low-resource area of Samana, a developing tourist destination bordered by the coast of the Atlantic Ocean with beautiful beaches and rich in natural resources.
View original language description ↓
Georgina es una de los miembro del Grupo Fe en Dios 4, 5, y 6, compuesto por 13 mujeres y dos hombres microempresarios dedicados a las ventas de ropa, productos naturales, zapatos, joyerias, etc. Su familia está compuesta por ella, su pareja y tres hijos, de los cuales aun dos viven con ellos. Nos dice que su actividad favoritas es comer, por lo que disfruta cada horario de comida.

Georgina está muy emocionada de recibir su Segundo préstamo en Esperanza Internacional, después de haber pagado satisfactoriamente su préstamo anterior y haber dado un paso para el crecimiento de su negocio. Ella ha tenido su negocio por alrededor de 15 años, el cual inició vendiendo prendas de Oro. Georgina está planificando invertir su nuevo préstamo en la compra de 15 unidades de perfumes y Diez pares de zapatos. Ella va a utilizar sus ganancias para construir un habitacion en su vivienda, y aportar a los ingresos de la familia. Su sueño es poder viajar por varios paises, y poder comprar mercancias en el exterior, ve su sueño muy facil de cumplir si se dedica y continua desarrollando su negocio a traves de los prestamos.

Está asociada de Esperanza adqurio un prestamo con nosotros porque tenía el deseo de superarse y seguir inyectando capital a su negocio. Su historia está siendo usada para representar a los demás miembros de su grupo y a los clientes de Esperanza, tanto los haitianos (quienes en su mayoría ha emigrado hacia la Republica Dominicana desde Haití, algunos de ellos recientemente) y los dominicanos, quienes por lo general viven en comunidades muy pobres, esta zona, como muchas otras zonas de escasos recursos en la Republica Dominicana, carecen de agua potable y energía eléctrica constante. Este grupo se encuentra ubicado en una zona de pocos recursos de Samana, una ciudad turistica en desarrollo, bordeada por las costas del Oceano atlantico, con hermosas playas y rica en recursos naturales.

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
  • 12
    View loans »
    Dominican Republic Loans Fundraising
  • $8,228,650
    Funds lent in using Kiva
  • 36.8
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Fe En Dios 4, 5 & 6 Group's $4,225 loan helped a member to purchase perfumes and shoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2010
Listed
Oct 12, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011