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Mujeres Divina 2 & 3 Group
In this Group: Tina, Jessica, Lupe, Sarita, Dieudonne, Rosa, Sesa, Verani, Zephyr, Manilia
Tina is the coordinator of the 'Mujeres Divina 2 & 3' group. Her family consists of her four children and her partner. Her group is located in a very poor area in the north-east of the city of Santo Domingo. Some of the members of this group work selling different goods such as clothes, cosmetics and footwear. Others run beauty salons, grocery stores etc.

Tina is very excited to be receiving her third loan from Esperanza Internacional, having maD. her previous loan repayments on time and having invested her loans and profits in her business. Tina started her business with a small amount of capital and then took out her first loan and used it to start selling candies. She used her last loan to expand her business and turn it into a small grocery store where her neighbors come to buy the basic products they need for their daily meals. Tina will invest this loan in buying a sack of rice, beans, oil, canned goods, sugar, etc.

Tina enjoys being in business and tells us that her biggest challenge was her financial situation before she set up her business. She currently feels pretty stable and plans to continue expanding her business. Her dream for the future is to help her children get ahead in life. She would like to educate them and proviD. them with what they need to grow.
View original language description ↓
Tina es L. coordinadora del Grupo Mujeres divina 2 & 3. Su familia está compuesta por 4 hijos y su pareja sentimental. Su grupo se encuentra ubicado en una zona D. muy escasos recursos situada al noreste D. L. ciudad D. Santo Domingo. Los miembros D. este grupo se dedican a L. venta D. diferentes artículos como: Ropas, cosméticos, calzados, salones D. belleza, tienda D. comestibles, entre otros.

Tina está muy emocionada D. recibir su tercer préstamo en Esperanza Internacional, luego D. haber pagado sus cuotas puntuales y haber invertido sus préstamos y ganancias en su negocio, Tina empezó su negocio con un pequeño capital y luego tomo su primer préstamo con el cual inició a vender golosinas, con el tiempo y su anterior préstamo, expandió su negocio a un pequeño Colmado, el cual es una pequeña tienda D. comestible, donD. sus vecinos asisten para comprar los productos D. primera necesidad para sus comidas diarias; invertirá este prestamos en L. compra D.: un saco D. arroz, habichuelas, aceite, productos enlatados, azúcar, entre otros.

A Tina le encanta negociar y nos dice que su reto mas difícil era su condición económica antes D. poner su negocio, actualmente se siente un poco estable y en miras a seguir expandiendo su negocio. Su sueño para el futuro es ayudar a sus hijos a salir adelante, educarlos y proveerles lo necesario para su crecimiento.

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
  • 2
    View loans »
    Dominican Republic Loans Fundraising
  • $8,161,575
    Funds lent in using Kiva
  • 38.2
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Divina 2 & 3 Group's $3,925 loan helped a member to buy sugar, rice, oil, beans, canned goods, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2011
Listed
Oct 14, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012