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Canal De Bendicion 4, 5 Group
In this Group: Solenny, Ilan, Betty, Shela, Martha*, Violette, Yela, Roxana*, Senia, Mileny
* not pictured
Solenny is one of the members of the Canal de Bendicion 4 y 5 group, a group in which the majority are Haitian immigrants who live in the city of La Romana, where the economy depends on the sugar industry and on luxury tourism. It is becoming one of the most exclusive destination in the Dominican Republic. There is a scarcity of potable water and electricity, and it there is a population of people from the Dominican Republic and Haitian immigrants. Their principle activity is new clothing sales. Solenny is a very active young person, about 22 years old. Currently she is single and tells us that her biggest challenge is to be able to finish her studies and become a professional. She lives with her parents. She really enjoys studying and selling, and in this manner has met many people.

Solenny is very excited to receive her fifth loan from Esperanza International after having satisfactorily repaid her previous loans and having taken steps towards growing her business. She has had her business for about 3 years, when she began selling miscellaneous products. She is planning to invest her new loan in the purchase of new clothes, which are in high demand in the month of December. She plans to use her earnings to reinvest in her business and save in order to be able to celebrate Christmas with her family, but also to be able to complete her dreams of having a clothing store and to be able to get married.
View original language description ↓
Solenny es una de los miembros del Grupo Canal de Bendicion 4 y 5; grupo que en su mayoria son emigrantes haitianos que habitan en La ciudad de La Romana, cuya economía depende de la industria de Azucar y del turismo de alto lujo, Siendo unos de los destinos mas exclusivo de Republica Dominicana, en donde como muchas hay escasez de agua potable y de energía eléctrica y con una población de dominicanos y emigrantes haitianos. Sus actividades principales son las ventas de Ropa nueva. Solenny es una joven muy activa de apenas 22 años, actualmente es soltera y nos dice que su reto o desafío más difícil es poder terminar sus estudios y convertirse en una profesional; ella vive con sus padres. Disfruta mucho estudiar y hacer sus ventas, por la cual ha conocido muchas personas.

Solenny está muy emocionada de recibir su quinto préstamo en Esperanza Internacional, después de haber pagado satisfactoriamente sus préstamos anteriores y así haber dado un paso para el crecimiento de su negocio. Ella ha tenido su negocio por alrededor de 3 años, el cual inició vendiendo productos miscelaneos. Está planificando invertir su nuevo préstamo en la compra de ropas nuevas, las cuales tienen una gran demanda en estos meses de Diciembre. Planea utilizar sus ganancias para reinvertir en su negocio y ahorrar para poder celebrar las fiestas de navidad junto a sus familiares, pero tambien poder cumplir sus sueños de tener una tienda de ropa y poder casarse.

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
  • $7,847,650
    Funds lent in using Kiva
  • 37.2
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Canal De Bendicion 4, 5 Group's $3,200 loan helped a member to buy pants, skirts, shirts, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2010
Listed
Nov 18, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011