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Amigos Unidos Group
In this Group: Benita, Roberto, Duval, Lowis, Olius
Benita is the coordinator of her group Amigos Unidos (United friends) 7. Her story is representative of her group and of Esperanza's Haitian clients generally. They are located in San Pedro de Macoris, a city famous for baseball players and its sugar cane industry.

Benita makes her home here in a simple structure with her husband and one child. She is excited to be taking her fourth loan with Esperanza. She sells clothes, on foot and in her home. She plans to use this loan to invest in her business by purchasing jeans, blouses, shirts and underwear. She will use the profits to reinvest in her business and to buy some electro-domestic appliances. Her long-term goals are to increase her sales and have a clothing store.

Benita is wishing to improve her life and give better opportunities to her family; also, she is planning to return to Haiti and help her family there. She thanks you all for your support.

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
  • 4
    View loans »
    Dominican Republic Loans Fundraising
  • $7,840,950
    Funds lent in using Kiva
  • 37.6
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Amigos Unidos Group's $1,575 loan helped a member to buy clothes for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2011