- Dominican RepublicRetailFunding via Esperanza International Dominican Republic, a partner of HOPE International
- Dominican RepublicFoodFunding via Esperanza International Dominican Republic, a partner of HOPE International
- Dominican RepublicEducationFunding via FUNDAPEC
Mujeres Luchando Por El Progreso 3 & 4 Group
Manuel sells different products such as toilet paper, shoes and slippers, etc. He is a father of 3 children, 2 of whom live with him and his wife. Manuel told us that one of his biggest challenges is being able to have a successful business and in this way provide and meet the needs he faces. In his free time, he likes to read the bible.
This is Manuel's second loan. He will invest it in increasing his inventory. He buys the bathroom products wholesale and sells them retail. He also buys his shoes at the Haitian border at a good price and quality.
One of his dreams is to be able to build another house and rent it out, in order to make more income.
Manuel ofrece ventas miscelaneas de diferentes productos, como papeles de baños, zapatos y zapatillas, etc. Es padre de 3 hijos de los cuales 2 de ellos viven con El y su esposa. Manuel nos dijo que uno de sus retos mas difíciles es poder tener un negocio exitoso, para así de esa manera poder proveer y suplir las necesidades que enfrentan. En sus tiempo libre le encanta leer la Biblia.
Este es el segundo préstamo de Manuel, el cual invertirá para ampliar su inventario, El compra los papeles de baño al por mayor y los vende al detalle, también compra sus calzados en la frontera con Haití, a muy buen precio y de buena calidad.
Unos de sus sueños es poder construir otra vivienda y poder alquilarla, así puede generar mejores ingresos.
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
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Success!! The loan was 100% repaid