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El Sol 1, 2 & 3 Group
In this Group: Marie, Miracle, Chantal, Vera, Guilene, Cledange, Jennifer, Gaston, Lusiana, Evelyne, Orelie, Ketry, Retzaire, Fleuriza, Molene
Marie is one of the members of the Group El Sol 1, 2 & 3 (The Sun), they are located in the city of San Pedro de Macoris. This group is located in one of the rural areas called "batey", populated by Haitian immigrants who came to the country to work in the sugar field plantations. Most of the members in this group are Haitian citizens.

Marie has a cafeteria where she sells juices, sandwiches and snack foods. With this loan, she is planning to invest in her inventory and have more products to meet demand. Marie is very excited to receive her first loan from Esperanza International and proud to be part of this group together with others members to do business and to change their life.


Marie enjoys being at home with her four children; she is a single mother. She has being doing business specially because she need to help her children and provide for her family. 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

  • $9,700
    Average annual income
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $8,158,875
    Funds lent in using Kiva
  • 38.5
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of El Sol 1, 2 & 3 Group's $3,250 loan helped a member to buy snacks, bread, cheese, jam and juice.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2011
Listed
Jan 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012