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Bibiana's Group
In this Group: Bibiana, Maria, Basilia, Eugenia, Denia, Laureano, Patricia, Altagracia, Gervacia, Maricela, Fidelio, Beatriz, Bacilia, Beata, Regina
Bibiana is the coordinator of her group "Trabajando para el Manana" 1, 2 & 3 (Working for Tomorrow). Bibiana is excited to be taking her 5th loan with Esperanza after having successfully repaid her previous loan and grown her business. She has had her business for around 4 years, starting to work out of her house after her partner-in-love gave her money to start her business.

Bibiana makes her home here in a simple structure with her long-term partner and their 4 children. She says that her biggest challenge is to help her children to become professionals. She said her most favorite activities are attending to her family and spending great moments with them.

She plans to use this loan to buy ingredients like meat, flour, seasoning, cooking oil and vegetables. She sells empanada, which is a round of flour dough filled with meat or vegetables and fried, a popular snack food.

She thanks you all for helping her and her goup to "improve my family┬┤s life, myself and all the members from this group."

The group pictures are separated; these three pictures make the complete group of 15.

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
  • 2
    View loans »
    Dominican Republic Loans Fundraising
  • $8,161,575
    Funds lent in using Kiva
  • 38.7
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Bibiana's Group's $4,325 loan helped a member to buy meat, flour, seasoning, cooking oil, vegetables, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2011
Listed
Jan 16, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012