Check out some available loans that are similar to this one!
Amistad 6 Group
In this Group: Carmen, Altagracia, Juana, Ramon, Florentina
Carmen is the coordinator of her group, Amistad 6 (Friendship), and her story is representative of both her group and Esperanza's Haitian and Dominican clients in general. Her group is located in El Seybo, where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure with her husband and four children.

Carmen is excited to be seeking her second loan with Esperanza. Notably, she has already successfully repaid her previous loan which enabled her to expand her business. She plans to use this loan to invest in her business. Specifically, she sells underwear, so the loan will be used to purchase them for kids and women. She will invest the profits in completing her home. She thanks all of you 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

  • $7,611
    Average annual income
  • 5
    View loans »
    Dominican Republic Loans Fundraising
  • $7,912,075
    Funds lent in using Kiva
  • 37.2
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Amistad 6 Group's $1,925 loan helped a member to buy underwear.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 16, 2010
Jan 15, 2011
Currency Exchange Loss:
Aug 1, 2011