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Mujeres Bendecidas 1, 2 & 3 Group
In this Group: Dolores, Rosa, Bartolina, Agela, Leoncia, Miriam, Sagraria, Yaneisis, Jacqueline, Maria, Ana, Ramona, Gleny, Susana, Brigida
Dolores is the coordinator of her group, 'Mujeres Bendecidas' 1, 2 & 3 (Women Blessed), and her story is representative of both her group and Esperanza's Haitian and Dominican clients in general. Her group is located in one of the poorest area around Santo Domingo city, 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.

Dolores is excited to be seeking her first loan with Esperanza. She plans to use this loan to invest in her business. She operates a fried food stall at her home, and she will invest in her business by buying a gas tank, six chairs and a table. She sells especially breakfast and dinner. She will use the profits to save and in the short term, she plans to buy a plot of land to start building her house. Her most difficult challenge has been studying. She likes to work and her future plan is to have her own house. 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
  • 4
    View loans »
    Dominican Republic Loans Fundraising
  • $7,840,950
    Funds lent in using Kiva
  • 37.3
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Bendecidas 1, 2 & 3 Group's $3,875 loan helped a member to buy a gas tank, 6 chairs, and a table.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2010
Listed
Feb 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011