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Bethel 4, 5 & 8 Group
In this Group: Rafaela, Dominga, Maria, Ramona, Maria, Rafael, Yesica, Sandra, Susana, Sandra*, Arturo, Maria, Violeta*, Emelinda, Yanira
* not pictured
Rafaela is one of the members of the group Bethel 4, 5 & 8. This group is located in one of the rural communities surrounding San Pedro D. Macoris. They are 15 borrowers who are businessmen and businesswomen. Rafaela makes her home in a simple structure with her long-term partner and their 4 children. Her business is based on underwear sales from her house and by walking to sell.

Rafaela is excited to be taking her 8th loan with Esperanza after having successfully repaid her previous loan and grown her business. She has had her business for almost 4 years. She plans to use this loan to invest in her business by purchasing dozens of pairs of underwear for men, women and kids, and also swimwear. She will use her profits to invest in her business and to save.

Her group is located in San Pedro D. Macoris, a city famous for baseball players and the sugarcane industry. The main economic activities here are a free traD. zone and a cement factory.

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
  • 5
    View loans »
    Dominican Republic Loans Fundraising
  • $7,912,075
    Funds lent in using Kiva
  • 37.8
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Bethel 4, 5 & 8 Group's $4,575 loan helped a member to buy underwear.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 3, 2011
Listed
May 28, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011