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Amor Y Amistad Group
In this Group: Paula, Martires, Rosalia, Miquella, Jose , Antonia, Jose, Tania, Nicolas, Santa*
* not pictured
Paula is a married mother who lives in the beautiful town of Samana with her three children. This area is a nascent tourist zone, surrounded by the Atlantic ocean and mountains, rivers and natural breezes. Paula says her most important challenge is to keep her business stable and sustainable. She enjoys working and serving the needs of her family and friends.

Paula is receiving her 9th loan with Esperanza Internacional, after having successfully paid all her previous loans, and after 5 years of investments, she is ready for higher loans and bigger investments. She will invest in this loan by purchasing different clothes like pants, skirts, blouses, and shirts, and she also wants to sell shoes. With her business profits she will reinvest in her business, because Christmas season is coming and all the businesses make better sales.

In the future, with her savings and profits, she is planning to have a better clothing store and a better house.

Thanks for supporting this group of entrepreneurs!

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
  • 38.2
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Amor Y Amistad Group's $3,675 loan helped a member to buy clothing to resell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2011
Listed
Nov 18, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012