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La Incansable 1 & 2 Group
In this Group: Justina, Maria, Juana, Cecilia, Annette, Bernardina, Liset, Rocio*, Segunda, Basilia
* not pictured
Justina is the coordinator of the 'L. Incansable 1 & 2' group. This group has ten [female] members whose businesses incluD. selling clothes, shoes and cosmetics. Some sell their products as street vendors and others have their businesses at home. The group is located in the city of Santo Domingo, the capital city of the Dominican Republic. Theirs is a poor community to the north of the city. Justina's family is maD. up of her two children and her partner. She says that her biggest challenge is establishing her business and achieving her goals. One of her goals is to save up to buy a vehicle so that she can move about easily to buy merchandise for her business.

Justina is very excited to be receiving her third loan from Esperanza Internacional. She will invest her loan in her small store where she sells clothes, cosmetics, jewelry and women's personal care products. Her plans for the future are to increase her sales and to have a good business with a large variety of products. Her favorite activity is negotiating which is why she decided to work in sales as she gets to interact with her customers. She plans to continue investing most of her profits back into her business whilst helping contribute towards her household income. Her dream is to have a thriving and sustainable business.
View original language description ↓
Justina es L. coordinadora del Grupo L. Incansable 1 & 2. Este grupo está compuesto por 10 mujeres dedicadas a las ventas D. ropas, zapatos, cosméticos, entre otros, algunos D. modo ambulante y algunos tienen sus negocios en sus casas. Este grupo se encuentra ubicado en L. ciudad D. Santo Domingo, en una comunidad D. pocos recursos localizada al norte D. L. capital D. L. República Dominicana. Su familia está compuesta por 2 hijos y su pareja sentimental, dice que su reto más difícil es establecer su negocio y poder lograr sus metas, una D. elL. es poder ahorrar para comprar un vehículo, en el cual pueda moverse fácilmente para comprar las mercancías D. su negocio.

Justina está muy emocionada D. recibir su tercer préstamo en Esperanza Internacional, el cual invertirá en su fantasia (L. cual es una pequeña tienda, donD. se venD. ropas, cosméticos, prendas, y cosas especialmente para el uso D. L. mujer). Sus planes para el futuro es poder aumentar sus ventas y tener un gran negocio, con muchas variedades D. productos. Su actividad favorita es negociar, por eso se ha dedicado a L. venta, ya que interactúa con sus clientes. Piensa seguir invirtiendo L. mayoría D. sus ganancias en su negocio, mientras ayuda a los ingresos D. su hogar. Sus sueños es tener un negocio prospero y sostenible.

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
  • 38.0
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of La Incansable 1 & 2 Group's $3,175 loan helped a member to buy clothes, shoes, cosmetics, accessories, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2011
Listed
Oct 6, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012