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Anonymous Group
In this Group: Anonymous, Anonymous, Anonymous, Anonymous, Anonymous
For the borrower's privacy, this loan has become anonymous. Lenders to this loan can sign in to view complete details Learn More
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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
  • 38.0
    Dominican Republic Pesos (DOP) = $1 USD
Ended with Loss - Defaulted
A portion of Anonymous Group's $1,550 loan helped a member to buy cosmetics for resale from a catalog of beauty products she represents.
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2011
Listed
Oct 9, 2011
Currency Exchange Loss:
Possible
Defaulted:
Feb 11, 2013