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Joyas Para Cristo 1, 2 Group
In this Group: Lissette, Carolina, Lorecita, Miguelina, Veloude, Alexandra, Yudelka, Esperanza, Daniry, Alexandra
Lissette is the coordinator of her group Joyas para Cristo 1 & 2 'Jewels for Christ'. Her story is representative of her group and of Esperanza's Haitian and Dominican clients generally, many of whom recently emigrated to the DR from Haiti. Her group is located in the urban slums surrounding Santo Domingo, an area where crime is rampant and where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure with her long-term partner and their two children.

Lissette is excited to be taking her fourth loan with Esperanza after having successfully repaid her previous loan and grown her business. She plans to use this loan to invest in her beauty salon by buying 3 hair products packs and materials and to rebuild the place. She started around 7 years ago in her living room with just a blower and a brush. As time passed, she was able to grow and improve her business.

She and her husband are raising 4 children. By working hard, they are committed to educate and give them a better live. This is the reason why she is running a business. She said her most difficult challenge is to raise her children and she enjoys working in everything related to beauty. She thanks you all for your support.

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
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $8,161,575
    Funds lent in using Kiva
  • 37.3
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Joyas Para Cristo 1, 2 Group's $2,950 loan helped a member to buy hair products, and to repair place of business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2010
Listed
Dec 9, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011