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Unidos Por El Progreso 1 Group
In this Group: Maria, Cristian, Elena, Catalina, Clara
Maria is one of the members of the group "Unidos por el Progreso" (United in Progress) 1. They are located in the city of Hato Mayor, in small rural community. Maria, like others in her group, is dedicated to doing business to improve her life. She is running a "Colmado" (a grocery store) where neighbors can buy their daily meal.

Maria started out just selling juice and other snacks in a small cafeteria, and now she has a large business with more inventory and customers. She is excited to receive her 5th loan through Esperanza. She started to do business after she took out her first Esperanza loan, almost 3 years ago. She will use her loan to improve her inventory by buying more goods. Her business profits are to be saved and in the near future she wants to build her house.

Maria is an extremely hard-working mother with two children. They all live together with her husband, who is also her children's father. Her most difficult challenge is to have her own house. She enjoys taking pictures.

You can really help Maria and the rest of this group "Unidos por el Progreso" to achieve their dreams by funding 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
  • 6
    View loans »
    Dominican Republic Loans Fundraising
  • $7,981,250
    Funds lent in using Kiva
  • 37.3
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Unidos Por El Progreso 1 Group's $1,400 loan helped a member to buy rice, beans, onions, garlic, cooking oil, sugar, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2011
Listed
Jun 13, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011