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La Nueva Esperanza 1, 3 & 6 Group
In this Group: Fior, Vier, Silvelia, Mercedes, Antonio, Yenel, Francisca, Rafael, Wilson, Lesbia, Magdalena, Danaury, Martires, Eduardo, Niurky*
* not pictured
Flor is one of the members of La Nueva Esperanza 1, 3, y 6 (New Hope 1, 3, and 6). They are micro-entrepreneurs dedicated to selling clothing, natural goods, shoes, education, etc. in the city of San Pedro de Macoris, which is famous for its athletes and sugar industry. At present, its economy depends on the duty-free industrial zones, the cement industry, and other minor activities like tourism. This member is the mother of two children. Four years after receiving her first loan, she is receiving her ninth loan. In each loan, she has made her payments on time and has made good investments. Together with her husband, she has been able to provide necessities for her family.

Flor is planning to invest her new loan to purchase new clothes for men, women, and children. She is going to use her earnings to save and continue providing the necessities for her home. By saving regularly, she will be able to build a home. Her favorite activity is studying. The most difficult part of her work is collecting money from people who have bought products on credit. Her dream is to graduate as a computer engineer while pursuing her business and to be able to pay for her college education.
View original language description ↓
Fior es una de los miembros del grupo La Nueva esperanza 1, 3 y 6, ellos son microempresarios dedicados a las ventas de ropa, productos naturales, zapatos, educacion, etc; en la ciudad de San Pedro de Macoris, una ciudad famosa por sus jugadores de pelota y por la industria azucarera, su economía actual depende de la Zona franca, la industria del cemento y otras actividades menores como el turismo. Está asociada de Esperanza es madre de dos hijos, inicio con su primer prestamo y actualmente llega 4 años y esta recibiendo su Noveno prestamo, en cada uno ha realizado sus pagos satisfactoriamente y ha realizado buenas inversiones. Ha podido proveer hasta ahora junto a su pareja de las necesidades de su familia.

Fior está planificando invertir su nuevo préstamo en la compra de ropas nuevas, para hombre, mujeres y niños. Ella va a utilizar sus ganancias para ahorrar y seguir apoyando las necesidades de su hogar, por medio del ahorro planifica que podra construir su vivienda. Su actividad favorita es estudiar y lo que considera mas dificil en su diario vivir es cobrarle a personas que han obtenido productos a credito. Su sueño es lograr graduarse de ingenieria en sistemas (computer engineer), mientras realiza su negocio y poder pagar sus estudios universitarios.

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
  • $7,981,250
    Funds lent in using Kiva
  • 36.6
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of La Nueva Esperanza 1, 3 & 6 Group's $4,750 loan helped a member to buy clothing.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2010
Listed
Oct 19, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011