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Todos Juntos Podemos 1, 2 & 3 Group
In this Group: Marie, Lurdes, Milena, Altagracia, Mariana, Aliasin, Luisa, Aquilia, Evelin, Emilia, Angela, Cristianne, Alejandrina, Melanie, Cleny
Marie is the coordinator of her group, Todos juntos podemos, "All together we can" 1, 2 & 3. Her group is located in San Pedro de Macoris, a city famous for baseball players and sugar cane industries. The group is composed of 15 micro entrepreneurs dedicated to selling miscellaneous products, by walking or from their house. Marie makes her home here in a simple structure with her two children, being a single mother for many years. She is dedicated to working hard to provide her house income for clothing, food, education and other things.

Marie is excited to be taking her fifth loan with Esperanza after having successfully repaid her previous loan and expanded her business. She plans to use this loan to invest in her business by buying clothing for women and kids and some pairs of shoes. She will use her business profits to save and build her house. She thanks you all 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
  • 2
    View loans »
    Dominican Republic Loans Fundraising
  • $8,161,575
    Funds lent in using Kiva
  • 38.6
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Todos Juntos Podemos 1, 2 & 3 Group's $3,925 loan helped a member to buy clothing.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2011
Listed
Jan 20, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012