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Mujeres En Esperanza 1, 2 & 5 Group
In this Group: Raysa, Nataile, Josefa, Antonia, Petronila, Rosa, Miana, Dinorah, Luisa, Juana, Justa, Carmen, Lidia, Mercedes, Celeste
Raysa (standing in the blue blouse), just 23 years old, is a young businesswoman. Her family is comprised of her parents and some of her siblings. Her own house is built as a simple structure with a zinc roof and block walls. Her plans are to continue putting forth great effort while she works. She wishes to finish her university studies. That way she will be able to start a family and help her parents with their necessities.

Raysa sells new footwear. Purchases are wholesale and by catalog. She has been in different businesses for several years. She has been selling shoes for one year. She used her first loan from Esperanza to invest in her business. She is currently receiving her second loan. She is very grateful for the loans because she has been able to advance and invest in her business. She will use her new loan to buy merchandise wholesale.

Raysa belongs to the Mujeres en Esperanza (Hopeful Women) 1, 2, & 5 Group. The group is comprised of 15 members. Each one of them works day to day in their business activities in Santo Domingo. It is one of the communities with scant resources located to the north of the city.


Her story represent the other members of her group. Her story also represents Esperanza’s other clients, the Haitians (most of whom have immigrated to the Dominican Republic from Haiti, some of them recently) as much as the Dominicans. They generally live in very poor communities. This zone, like a lot of other zones with scarce resources in the Dominican Republic, lacks potable water and steady electricity.
View original language description ↓
Raysa (parada con Blusa azul) es una joven empresaria D. apenas 23 años, una familia conformada por sus padres y algunos D. su hermanos. En una vivienda propia construida en una estructura simple, techada D. zinc y paredes D. block. Sus planes son seguir esforzándose mientras trabaja desea terminar sus estudios universitarios y así poder formar una familia y ayudar a sus padres en sus necesidades.

Raysa se dedica a L. venta D. calzados nuevos, en compras al por mayor y por catálogos, lleva ya varios años realizando diferentes negocios, y con L. venta D. zapatos lleva ya 1 año, al mismo pudo invertirle su primer préstamo con Esperanza, en L. actualidad recibe su 2 prestamos. Se siente muy agradecida por que con los préstamos a podido avanzar y poder invertir en su negocio. Este nuevo préstamo será invertido en L. compra D. mercancías al por mayor.

Raysa pertenece al grupo Mujeres en Esperanza 1, 2 & 5, un grupo formado por 15 miembros, cada uno D. ellos días a días realizan sus actividades D. negocios en L. ciudad D. Santo Domingo, en una D. las comunidades D. mas escasos recursos ubicada al norte D. L. ciudad. Su historia representa a los demás miembros D. su grupo y a los clientes D. Esperanza, tanto los haitianos (quienes en su mayoría ha emigrado hacia L. República Dominicana desD. Haití, algunos D. ellos recientemente) y los dominicanos, quienes por lo general viven en comunidades muy pobres, esta zona, como muchas otras zonas D. escasos recursos en L. República Dominicana, carecen D. agua potable y energía eléctrica constante.

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
  • 6
    View loans »
    Dominican Republic Loans Fundraising
  • $7,847,650
    Funds lent in using Kiva
  • 37.6
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres En Esperanza 1, 2 & 5 Group's $4,125 loan helped a member to buy footwear.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 12, 2011
Listed
Feb 10, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 2, 2011