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Mujeres De Debora 1 & 2 Group
In this Group: Maria R., Felicita, Yolanda, Hurbeny, Maria S., Juana, Salvador, Rafaelina, Maria M., Wendy
Maria R. is one of the members of the group Mujeres D. Debora 1 and 2, located in the city of Puerto Plata whose population is maD. up of Dominicans and Haitian migrants. The region's economy is dependent on the rum industry as well as tourism and real estate.

Maria R. has been operating a business selling pigs for 10 years. She raises them and then sells them at an adult age or to a butcher shop. She raised 5 children while working selling food in her community, saving her profits and helping her husband. She tells us that her most difficult challenge was when her children traveled to Spain; they are still living there, studying with scholarships and working. One of Maria's dreams is to soon visit them in Spain.

This is Maria's first loan with Esperanza. She is planning to use it to buy 4 young pigs. She also plans to use the income to reinvest in her business and for savings.

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

  • $9,700
    Average annual income
  • 12
    View loans »
    Dominican Republic Loans Fundraising
  • $8,221,500
    Funds lent in using Kiva
  • 37.5
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres De Debora 1 & 2 Group's $2,725 loan helped a member to buy 4 pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2011
Listed
Apr 27, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011