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El Sol Sale Para Todos 4 & 6 Group
In this Group: Flor, Marianela, Judelkis, Gilda, Eudocia, Idia, Beniurka, Anadela, Niurka, Noe
Flor is a member of the “El Sol Sale Para Todos 4 y 6” (The Sun Rises for Everyone 4 & 6). They are micro businesspeople in clothing sales, sales of natural products, shoes, teachers, food sales, etc. in the city of Hato Mayo, one of the most rural cities in the country whose economy depends on agriculture.

This associate of Esperanza is a mother of five children. She’s married and started her business with the first loan she got from Esperanza. She is now in her sixth year and receiving her 7th loan. Each previous loan has been repaid satisfactorily and she has maD. good investments.

She is currently operating a “pica pollo” (small fried chicken restaurant). She is planning to use the new loan to buy chicken, bananas, potatoes, flour, refreshments, etc.

She will use profits to install a concrete roof on her house, to pay public utilities and to save some in order to finish building her house.

Her favorite pastime is going to church and her primary challenge is caring for her grandchildren who live with her.
View original language description ↓
Flor es una D. los miembros del grupo El Sol Sale para Todos 4 y 6, ellos son microempresarios dedicados a las ventas D. ropa, productos naturales, zapatos, educacion, ventas D. comida, etc; en la ciudad D. Hato Mayo una D. las ciudades mas rurales del pais, cuya economia depenD. D. la agricultura. Está asociada D. Esperanza es madre D. cinco hijos, casada, e inicio su negocio con el primer prestamo recibido D. Esperanza y actualmente llega 6 años y esta recibiendo su septimo prestamo, en cada uno ha realizado sus pagos satisfactoriamente y ha realizado buenas inversiones. Ella actualmente esta operando un pica pollo (pequeño restaurante D. pollos fritos)

Flor está planificando invertir su nuevo préstamo en la compra D. Pollo, platanos, papas, harina, refrescos, etc. Ella va a utilizar sus ganancias para construir el techo D. su casa en concreto pagar sus gastos publicos e ir ahorrando con la finalidad D. poder terminar D. construir su vivienda. Su actividad favorita es ir a la iglesia y su reto primordial es cuidar a sus nietos, los cuales viven con ella

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 El Sol Sale Para Todos 4 & 6 Group's $2,200 loan helped a member for chicken, bananas, potatoes, flour, beverages, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2010
Listed
Oct 15, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011