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La Reforma 1, 4 & 5 Group
In this Group: Alexandra, Maria, Anita, Filomena, Elicia, Solange, Martha, Maria*, Agustide, Andrea, Ramona*, Nereida, Ana, Lourdes, Yomaly
* not pictured
Alexandra is the coordinator of her group named La Reforma 1, 4 & 5 (Reform). She has a long term partner, four children and lives in San Pedro de Macoris, a city famous for baseball players and sugar cane industries. The main economic activity here is the free trading zone, a cement factory, and other businesses.

For around eight years Alexandra has operated a colmado: a shop where you can find basic food staples. Colmados are within short walking distances from neighborhood homes. She started her business with a loan she receive from a friend. She plans to use this loan to increase her inventory by purchasing rice, sugar, canned food, vegetables, flour and other foods.

Alexandra is a hard-working mother. She uses her profits to provide any needs for her family. She also she uses her profits to save and to reinvest in her business. She still is dreaming about her future and she wants to have a better life, live in tranquility and safety, rebuild her house, and have a stable business.

Alexandra says that her biggest goal is to have her own house. That is why she is saving and dividing her home expenses with her husband's income. She is very thankful for all your support. Your support for her and other members in this group can make their dreams come true.

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
  • 8
    View loans »
    Dominican Republic Loans Fundraising
  • $7,988,425
    Funds lent in using Kiva
  • 38.3
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of La Reforma 1, 4 & 5 Group's $5,000 loan helped a member to buy rice, flour, sugar, canned food and other foods.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 3, 2011
Listed
Nov 28, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013