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Mujeres Capacitadas 4 Group
In this Group: Marisol, Santo, Rosalba, Eliana, Carmen
Marisol is one of the members of the group "Mujeres Capacitadas" 4 (Capable Women), which is comprised of five micro-business people and her story is representative both of her group and of Esperanza's Haitian and Dominican clients generally, many of whom recently emigrated to the DR from Haiti. All the members sell clothes, natural products, shoes, food, etc.

Marisol's family is formed by her long-term partner and three children. Her group is located in Puerto Plata, a northern port town whose economy is dependent on tourism and where running water (none of which is potable) and electricity are unreliable. The town also has a large Dominican and Haitian immigrant population who live with very limited resources.

Marisol is very excited to receive her third loan with Esperanza Internacional. She plans to invest her new loan in her business. She sells silver jewelry. She will use her business income to save. She is dreaming of having an improved business with high income. Marisol enjoys doing business and sharing with friends. Thank you so much for supporting this loan.

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
  • 7
    View loans »
    Dominican Republic Loans Fundraising
  • $8,065,475
    Funds lent in using Kiva
  • 37.5
    Dominican Republic Pesos (DOP) = $1 USD