Check out some available loans that are similar to this one!
Canal De Bendicion 1 & 2 Group
In this Group: Ana, Selimena, Teresa, Soneida, Yaneta, Andremena, Daniela, Yeni, Mariluz, Lidia
Ana is a member of the “Canal de Bendición 1,2” group. Most of the group's members are Dominican-Haitians or emigrants from Haiti who live in 'bateyes' (company towns where sugar workers live) in the town of Romana, one of the Dominican Republic's tourist destinations which has a high scale of luxury. This is what the town's economy is based on, together with one of the biggest sugar factories. Ana's business is selling new and used clothing. She acquires her clothing in the flea markets of Santo Domingo or on the border with Haiti. Ana is married and has 4 children. She tells us that her biggest challenge is being able to provide her kids with a good eduction.

Ana is very excited to be receiving her first loan from Esperanza Internacional and will invest it in her business which she has had for around 7 years. She is planning to invest her loan in buying various items of new clothing and a packet of used clothing whose items she will then sell individually. She will use her profits to re-invest in her business. Her dream is to be able to expand her established business.
View original language description ↓
Ana es una de los miembros del Grupo Canal de Bendicion 1,2. Grupo cuya mayoria de sus miembros son Dominico - haitiano o emigrantes de Haiti que viven en los bateyes de la Ciudad de Romana, una de las ciudades turistica de Republica Dominicano, con una alta escala de lujo, de donde deriva su economia junto a una de las mas grande industrias de azucar. Su negocio es vender ropas nuevas y usadas, la cual adquiere en los mercados de pulgas ubicados en Santo Domingo o en la frontera con Haiti. Ana es casada y madre de 4 hijos. Nos dice que su reto o desafío más difícil ha sido poder darle una buena educacion a sus hijos.

Ana está muy emocionada de recibir su 1er. préstamo en Esperanza Internacional e invertirlo en su negocio con el cual lleva ya alrededor de 7 años. Está planificando invertir su nuevo préstamo en la compra de varias piezas de ropa nueva y un paquete de ropa usada, para luego verderlas por piezas, utilizara las ganancias de su negocio para reinvertirlo en el mismo. Su sueño es poder expandir su negocio 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

  • $9,700
    Average annual income
  • 1
    View loans »
    Dominican Republic Loans Fundraising
  • $8,374,625
    Funds lent in using Kiva
  • 37.2
    Dominican Republic Pesos (DOP) = $1 USD