Check out some available loans that are similar to this one!
Unidos Para Progresar Group
In this Group: Miguelina, Roberto, Alexandra, Estebania, Altagracia, Jahanny, Ingrid, Colombia, Candida, Maxima
Miguelina is a member of the “Unidos Para Progresar” (Unite to progress) 1 & 2. a group compound with ten micro businesspeople in clothing sales, shoes, food sales, etc. in the city of Hato Mayor, one of the most rural cities in the country whose economy depends on agriculture. Miguelina is a mother of three children and she live together with her long term partner. She started her business with the first loan she got from Esperanza. She is receiving her 9th loan. Each previous loan has been repaid satisfactorily and she has maD. good investments.

She is currently operating a "Combustible or fuel sales”. She is planning to use the new loan to buy fuel from retailers and sell it by bottles or gallons in her community. She will use profits to save, because she wants to improve her business and make her dreams and most difficult challenges come true. She wants to have and build her own house, in a safe structure. Her favorite pastime is to be with her children.

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 Unidos Para Progresar Group's $3,725 loan helped a member to buy fuel.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2010
Listed
Jan 13, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011