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Mi Fortaleza En Cristo Group
In this Group: Ana, Pedro, Maria, Rosanny, Belkis
Ana is the coordinator of the “Mi Fortaleza en Cristo” (My Strength in Christ) group. Together with other micro entrepreneurs from the city of Santiago, they've decided to take out a loan to carry out various business activities. They are a group of 10 business people with different businesses. Some sell products like silver items, clothes, shoes; others are grocers. Ana is starting her business. She has seen the need to sell clothes for pets. This is her first loan and she’ll use it to buy clothes for dogs.

Ana is receiving her first loan from Esperanza Internacional to structure and start her somewhat unusual, but innovative, project. She has a lot of faith in that she will make her dreams come true. One of those dreams is to have a house of her own and to improve the economic situation they presently are in. She will use profits to reinvest and provide extra income for her family helping her husband with expenses. She has two children.

Thank you for your support.
View original language description ↓
Ana es coordinadora del grupo Mi fortaleza en cristo, ella junto a otros micro-empresarios de la ciudad de Santiago, han decidido tomar prestamos para realizar diferentes actividades de negocios, son 10 empresarios con diferentes negocios, algunos venden productos, prendas de plata, ropa, zapatos, tienda de alimentos y Ana quien inicia su negocio, y ha visto la necesidad de vender ropa para animales domésticos, en este su primer préstamo invertirá en la compra de ropas para perros.

Ana esta recibiendo su primer prestamos con Esperanza internacional, con la motivación de darle forma e iniciar su proyecto de negocio poco usual, pero a la vez innovador y pone mucha Fe en que con el podrá lograr sus sueños, uno de ellos es poder tener su propia casa, y mejorar la situación económica por la que en la actualidad se encuentran, sus ganancias la utilizara para reinvertir y llevar ingresos extra a su familia, ayudando a su esposo con los gastos, tiene 2 hijos. Gracias por su apoyo.

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
  • 0
    View loans »
    Dominican Republic Loans Fundraising
  • $8,088,925
    Funds lent in using Kiva
  • 37.7
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Mi Fortaleza En Cristo Group's $1,000 loan helped a member to buy pet clothes for dogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2011
Listed
Feb 20, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011