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Mujeres Hacia El Progreso 2 & 3 Group
In this Group: Margarita, Joselin, Ceferina, Ana, Maxima, Maria, Maria, Antonia, Hector, Juana
Margarita is one of the members of the Grupo Mujeres Hacia el Progreso 2 and 3, maD. up of 10 micro business owners. They all work selling clothes, natural products, shoes, food, etc. Her family is maD. up of her, her husband and her 3 children, 2 of whom live with her. She tells us that her most difficult challenge is caring for her children's health and being able to satisfy this need when the moment arises. She loves to watch television and help out at the church.

Margarita is very excited to be receiving her fifth loan at Esperanza Internacional after having paid off her previous loan satisfactorily and taken a step for her business' growth. She has had her business for around 5 years, which she started with her own resources, selling decorative candles. Margarita is planning on investing her new loan in purchasing various products such as decorative candles, clothing, and accessories. She is going to use her earnings to save and repair her house. Her dream is to be able to have her own well established business.
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Margarita es una D. los miembros del Grupo Mujeres hacia el progreso 2 y 3, compuesto por 10 microempresarios, todos están dedicados a las ventas D. ropa, productos naturales, zapatos, venta D. alimentos, etc. Su familia está compuesta por elL., su esposo y 3 hijos D. los cuales solo 2 viven con elL.. Nos dice que su reto o desafío más difícil es cuidar por L. salud D. sus hijos y que elL. pueda satisfacer esta necesidad en el momento que se presente. Le encanta ver television y asistir a L. iglesia.

Margarita está muy emocionada D. recibir su quinto préstamo en Esperanza Internacional, después D. haber pagado satisfactoriamente su préstamo anterior y haber dado un paso para el crecimiento D. su negocio. ElL. ha tenido su negocio por alrededor D. 5 años, el cual inició con sus recursos propios, vendiendo Velones decorativos. Margarita está planificando invertir su nuevo préstamo en L. compra D. Productos misceláneos como velones decorativos, ropas y accesorios. ElL. va a utilizar sus ganancias para ahorrar y reparar su casa, su sueño es poder tener su negocio bien establecido.

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
  • 2
    View loans »
    Dominican Republic Loans Fundraising
  • $8,061,225
    Funds lent in using Kiva
  • 36.8
    Dominican Republic Pesos (DOP) = $1 USD