Check out some available loans that are similar to this one!
Confiando En Dios 4 Group
In this Group: Laura, Altagracia, Elena, Yesenia, Meprizane
Laura is the coordinator of her group Confiando en Dios (Trusting in God) 4. Her group is located in the areas surrounding La Romana, an area economically dominated by the sugarcane harvest. She makes her home here in a simple structure with her two children; being a single mother, she has been working very hard to raise and provide for her children.

Laura is excited to be taking her third 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. She is selling clothes, and she will buy different clothing for men and women. She will use the profits to save and reinvest in her business. She said that her most difficult challenge has been to live in a foreign country with her family, and to give a good education to her family. 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

  • $7,611
    Average annual income
  • 10
    View loans »
    Dominican Republic Loans Fundraising
  • $8,003,200
    Funds lent in using Kiva
  • 38.8
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Confiando En Dios 4 Group's $1,350 loan helped a member to buy clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2012
Listed
Feb 21, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012