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La Reforma 1 & 2 Group
In this Group: Alexandra, Maria, Filomena, Elicia, Anita, Ana, Martha*, Maria, Agustin, Andrea
* not pictured
Alexandra is the coordinator of her group named La Reforma 1 & 2 (Reform). She has a long term partner, four children and lives in San Pedro de Macoris, a city famous for baseball players and sugar cane industries. The main economic activity here is the free trading zone, a cement factory, and other businesses. This area, like nearly all impoverished areas of the Dominican Republic, suffers from unreliable running water (none of which is potable) and electricity.

For around seven years Alexandra has operated a colmado, a shop where you can find basic food staples. Colmados are within short walking distances from neighborhood homes. She started her business with a loan she receive from a friend. She plans to use this loan to buy rice, flour and other foods. She will use the profits to reinvest in her business, like her other eight loans. She wants to work. She says, "now I have the strength to work harder. For my future, I want to have a better life, to live tranquil and safe.

Alexandra says that her biggest goal is to have her own house. In the meantime, she plans to continue enjoying to survive and to serve with her business. Her story is generally representative of her group and of Esperanza's Haitian and Dominican clients, many of whom recently emigrated to the Dominican Republic from Haiti.

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
  • 8
    View loans »
    Dominican Republic Loans Fundraising
  • $7,988,425
    Funds lent in using Kiva
  • 37.2
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of La Reforma 1 & 2 Group's $3,700 loan helped a member to buy rice, beans, sugar, flour, oil, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2011