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Progreso Y Conciliacion 1, 2 & 3 Group
In this Group: Mayra, Juan, Epifania, Lucitania, Mercedes, Eludina, Felix, Rosa, Raquel, Andrea, Yisel, Margarita, Lucia, Belkis, Zoila
Mayra is one of the members of her group named Progreso y Conciliacion 1, 2 & 3. This is a group maD. up of fifteen businesswomen and businessmen, dedicated to doing business all over their rural community, outsiD. San Pedro D. Macoris. Mayra is a married woman with four children, all living with her in a simply structured home in a rural vilL. where many Haitian families live every day, working and fighting to have a better future.

For about 5 years, Mayra has been selling clothes by walking in her community and to many different communities. She started selling underwear, after she found an underwear market in the city of Romana. She has improved her business with every loan she has taken with Esperanza. This is her third loan. She plans to use this loan to buy different styles of clothing, for men, women and children.

Mayra's story is generally representative of her group and of Esperanza's Haitian and Dominican clients, many of whom recently emigrated to the Dominican Republic from Haiti.

Note: There is more than one group picture in order to present as many visible faces as possible.

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
  • $8,245,775
    Funds lent in using Kiva
  • 37.6
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Progreso Y Conciliacion 1, 2 & 3 Group's $3,050 loan helped a member to buy clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2011
Listed
Jun 19, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2011