Union De Mujeres En Desarrollo Group
Josefa is a Haitian mother who has three children. She emigrated to the Dominican Republic with the hope of achieving a better future for herself and her children. It has been difficult for her to get established and set up a business, often owing to the lack of capital. She is thankful that Esperanza's program reached her community and that she is going to be able to invest in and improve her business. Through her business she will be able to cover her needs and those of her children. She dreams of returning to Haiti and living a stable and safe life.
Josefa's business is selling underwear. She is receiving her first loan from Esperanza and she plans to invest all her loan money in buying merchandise so that she can increase her number of customers and expand her business.
Josefa's story is representative of the other members of her group and Esperanza's clients in general, both the Haitians (many of whom have recently emigrated to the Domincan Republic from Haiti) and the Dominicans. In general they live in very poor communities. This area, in common with many other poor areas in the Dominican Republic, lacks reliable supplies of drinking water and electricity.
Josefa, es una madre haitiana de 3 hijos, la cual ha emigrado a Republica Dominicana, con la esperanza de lograr un mejor futuro para ella y sus hijos; ha sido dificil establecerse, y formar un negocio, muchas veces por la falta de capital, da gracias a que el programa de Esperanza llego a su comunidad y va a poder invertir y mejorar en su negocio, por medio de este podra tambien ayudar y proveer sus necesidades y la de sus hijos. Sueña con regresar a Haiti y tener una vida estable y segura.
Josefa se dedica a la venta de ropa interior, esta recibiendo su primer prestamo con Esperanza y sus planes de inversion son cobrar todo su prestamo en mercancias para poder expandir sus clientes y poder expandirse.
Su historia representa a los demás miembros de su grupo y a los clientes de Esperanza, tanto los haitianos (quienes en su mayoría ha emigrado hacia la República Dominicana desde Haití, algunos de ellos recientemente) y los dominicanos, quienes por lo general viven en comunidades muy pobres, esta zona, como muchas otras zonas de escasos recursos en la República Dominicana, carecen de agua potable y energía eléctrica constante.
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.
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