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Mujeres Bendecidas 1 & 2 Group
In this Group: Altagracia, Rosannys, Juliette, Teressa, Fatima, Deida, Rossana, Juliana, Maria, Marie
Altagracia is the coordinator of her group, Mujeres Bendecidas 1 & 2 (Blessed Women). She lives in a simple structure with her long-term partner and 6 children. She says that her most difficult challenge has been to establish her business, and now to be sustainable. In the meantime, she plans to continue enjoying her work.

Altagracia is excited to be taking her 3rd loan with Esperanza after having successfully repaid her previous loan and grown her business. She plans to use this loan to invest in her business, where she sells plastic packaging, by buying some bags of spoons, forks, cups, plates and other plastic containers. She sells them as additional business.

Altagracia's group is located in the urban slums surrounding Santo Domingo. Altagracia, in one of the two pictures, is the one with a red and black shirt. She is a very hard worker and enthusiastic woman.

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
  • 11
    View loans »
    Dominican Republic Loans Fundraising
  • $8,228,650
    Funds lent in using Kiva
  • 38.5
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Bendecidas 1 & 2 Group's $3,000 loan helped a member to buy plastic packaging.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2011
Listed
Jan 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012