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Preparados Para Vencer Group
In this Group: Pieranyeli, Maria, Francelina, Juan, Carla, Raysa, Landar, Domingo, Osverny, Elba
Pieranyeli is one member of the 10 person group, Preparados para Vencer 1 & 2. Her group is located in Samana, a lush rugged peninsula with a nascent tourism industry. Pieranyeli, like all in this group, decided to do business with Esperanza because she needed to bring extra income to her household.

Pieranyeli has a child and she lives together with her long term partner. She has been selling sea food for 5 years. She started with money her partner gave to her to do business. With this loan, she will invest in her business by buying fish and other sea food. Her future plans are to have a fish market and to sell to other cities, where fishing is not the main activity like it is for Samana.

This Esperanza associate began with us around 2 years ago, and this is her 3th loan. All previous loans have been re-paid and invested in her business. She has been possible to expand her business. She thanks all of you for your support!

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
  • $7,912,075
    Funds lent in using Kiva
  • 38.4
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Preparados Para Vencer Group's $2,400 loan helped a member to buy fish and other seafood.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2011
Listed
Dec 6, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012