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Amor Y Paz 1 Group
In this Group: Maria, Ysmael, Eridania, Antonia, Sagrario
María is the coordinator of the Grupo Amor y Paz 1 (Love and Peace Group 1) and lives in the city of Santiago, the 2nd largest city in population and in economic activities in the county. Thanks to that many residents have access to the wholesale market. Also it is close to the market bordering Haiti, where many clients and members of this group buy their products.

María has an upholstery and carpentry shop making furniture for sale, and deals in used furniture and also in repairs and reupholstering furniture. María began her business around 11 years ago, with her own resources. She is asking for her 5th loan with Esperanza in order to buy fabric for upholstery and wood. With this investment she plans to make various sets of furniture and sell them in the following months, close to Christmas.

María is the mother of 4 children, who have been brought up together, with her partner and father of her children, all of them living still in their humble home, working together with their parents, while others attend school. The most important challenge that María has right now to have another workshop, with more space and new machinery, in order to expand her business to a higher level and gain more clients.

One of her dreams is to have a well built, more comfortable and secure house. María is grateful for the great help you have given them, because each and every step brings them closer to achieving their dreams and goals.
View original language description ↓
María es la coordinadora del Grupo Amor y Paz 1 y esta ubicado en la ciudad D. Santiago, la segunda más granD. del país en población y actividades económicas, gracias a esto sus habitantes tienen muchos acceso al mercado al por mayor, también por la cercanía al mercado fronterizo con Haití, donD. muchos D. nuestros clientes y miembros D. este grupo compran sus productos.


María tiene una tapicería y ebanistería, en la cual fabrica muebles para vender, también tapizan muebles usados y reparan. María inicio su negocio hace alrededor D. 11 años, con sus propios recursos, está recibiendo actualmente su préstamo numero 5 con Esperanza, el cual invertirá en la compra D. tela para tapizar y madera. Con esta inversión planea fabricar varios juegos D. muebles y venderL. en L. siguientes meses, próximo a Navidad.

María es madre D. 4 hijos, L. cuales ha criado junto a su pareja y padre D. sus hijos; todos aun viven en su humilD. vivienda, trabajando junto a sus padres, mientras otros asisten a la escuela. El reto más importante D. María en la actualidad, es poder tener otro taller, con más espacio y nuevas maquinarias, para D. estar manera expandir su negocio a otro nivel y acceder a mas clientes.

Unos D. sus sueños es tener una casa con buena estructura, mas confortable y en un lugar mas seguro. María agradece por ella y en nombre D. su grupo, el gran apoyo que ustedes les brindan, para que cada uno D. un paso a lograr sus sueños y metas.

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
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $7,840,950
    Funds lent in using Kiva
  • 38.0
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Amor Y Paz 1 Group's $1,925 loan helped a member to buy fabrics and wood.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2011
Listed
Oct 10, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012