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Jazmin 1, 2 & 3 Group
In this Group: Elizabeth, Maria, Paulina, Viviana, Gina, Aracelis, Marie, Sonia, Cristina, Paula, Santa, Marie, Rosa, Teresa, Jomene
Elizabeth is one of our enterprising women, like the others in this group dedicated to selling miscellaneous products like: cosmetics, clothing, home use items, beauty supplies, among other. Elizabeth sells goods for daily consumption, in her little food store. Products like rice, beans, sugar, oil, bread, canned meals and many other, will be found in her little store. This loan will be used to increase her inventory. She is mother of two children and is a married woman.

She is a member of the Jazmin 1, 2 & 3, group which is composed of 15 micro-entrepreneurs from north Santo Domingo. Elizabeth is getting her 1st loan from Esperanza Internacional. She has managed to strengthen her business and make good investments. She has had her business for around four years and she started it after she took out a loan from a neighbor who is involved in the lending activity. She will reinvest profits into her business. Thank 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
  • 6
    View loans »
    Dominican Republic Loans Fundraising
  • $7,847,650
    Funds lent in using Kiva
  • 37.4
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Jazmin 1, 2 & 3 Group's $2,450 loan helped a member to buy bags of rice, beans, sugar, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2011
Listed
Mar 17, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011