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B. En Desarrollo 1 Group
In this Group: Eufemia, Clarisol, Guillermina, Rumalda, Juana
Eufemia is one of the members of Group B developing 1, made up of 5 micro businesswomen selling clothing, miscellaneous products, shoes, handicrafts, etc. She works in Samana, an upcoming tourist city on the Atlantic coast that is rich in natural resources. She is associated with Esperanza, Hope International, and she began about 5 years ago and currently is very excited about receiving the ninth loan after having satisfactorily paid back the previous ones. Eufemia is married and has 6 children, although only two still live with her.

Eufemia began with a small investment and bought perfume with it. She will use the ninth loan to buy Ropas lingerie but she continues selling perfumes and other products. She will use her earnings to buy other necessities for her home as well as for her business, such as: a sewing machine, a computer for her children, etc. Now she will also save to build a small place for her business. Her main goal is to give her family a more stable life and she plans to accomplish this by working so that her business grows and becomes sustainable. She loves to read the Bible.
View original language description ↓
Eufemia es una de los miembros del Grupo B. en desarrollo 1, compuesto por 5 microempresarias dedicadas a las ventas de ropa, productos misceláneos, zapatos, artesanía, etc. Sus plazas se encuentran en la ciudad de Samana, una ciudad turística en desarrollo, bordeada por las costas del Océano atlántico y rica en recursos naturales. Está asociada de Esperanza comenzó con nosotros hace alrededor de 5 años, y actualmente esta muy emocionada de recibir su noveno prestamo, despues de haber pagado satisfactoriamente todos sus prestamos anteriores. Es casada y tiene 6 hijos, actualmente solo viven con ella 2.

Eufemia inició con un pequeño ingreso que pudo generar y con este compro varios perfume. Va a invertir su nuevo préstamo en la compra de Ropas ropa interiores, sigue dedicada a la venta de perfumes y otros productos. Ella va a utilizar sus ganancias para adquirir algunas necesidades tanto de su casa como de su negocio, algunas de ellas son: una maquina de coser, una computadora para sus hijos, etc, y mientras ahorra para poder construir un local para su negocio. Su reto principal es poder dar a su familia una vida mas estable, y piensa lograrlo dedidcandose a su negocio para que este sea mas grande y sostenible. Le encanta leer la biblia.

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
  • 0
    View loans »
    Dominican Republic Loans Fundraising
  • $8,088,925
    Funds lent in using Kiva
  • 36.6
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of B. En Desarrollo 1 Group's $925 loan helped a member lingerie.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2010
Listed
Oct 12, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011