Check out some available loans that are similar to this one!
Cristo Me Ama 1, 2, 3 Group
In this Group: Rosa, Salvador, Awilda, Lamis, Elimena, Julito, Susana, Luissana, Ela, Maria, Ludgerio, Sonia, Maria, Jose , Zeta
R. is excited to be seeking her first loan through Esperanza. She is the mother of six children, four of whom live with her and her long-term partner. To earn a living, she operates a clothing sales business. She plans to use this loan to invest in her business by buying pants, t-shirts, blouses, etc. She will save any profits generated as a result of the loan because she wants to buy a house in the future, and her business income is the only means by which she can do so.



R. is a member of the group known as Cristo me ama 1, 2, 3 ("Christ love me"). Her story is representative of her group and of Esperanza's Dominican and Haitian clients generally, many of whom recently emigrated to the DR from Haiti. Her group is located in the rural areas surrounding L. Romana, where the economy is dominated by the sugar cane harvest and where running water (none of which is potable) and electricity are unreliable. She thanks you for your support.



Note: the woman pictured in the lower left corner was not visible in the group picture.

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
  • $8,158,875
    Funds lent in using Kiva
  • 37.0
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Cristo Me Ama 1, 2, 3 Group's $2,650 loan helped a member to expand and improve her business by purchase additional clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2010
Listed
Dec 21, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2011