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Las Manzanas, Bank Of Hope Group
In this Group: Martha, Fidelina, Basilia, Venecia, Virgilia, Gissel, Suleika, Juana, Santa, Lucia
Martha (pictured far right of Group 1) is a fun and energetic woman who lives with her three children in the town of Los Alcarizzos. She has a ‘colmado’¸ which is a small neighborhood grocery store of sorts, typical of many street corners in towns throughout the Dominican Republic. From her store, she sells fresh vegetables, rice, beans, canned goods, soaps, and toilet paper. She is asking for this loan so that she can purchase a better variety of canned goods, desserts and candies, and be able to keep her colmado better stocked. With a better inventory she knows she can retain her current client base, as well as attract new clients and beat out some of her competition.

Her dreams are to see her colmado grow, and to have it be the biggest and best liked place to shop in her community. She wants her children to have the chance to change their lives, improve their futures, and always enjoy the opportunities they are given. She personally hopes to be able to live a more peaceful lifestyle, one where she advances economically and doesn’t have to worry so much about having enough money to take care of everyone.

In her free time Martha loves to visit the hospital and spend time with the sick people who are often forgotten. She also goes to her local church every Sunday. On behalf of Martha, and everyone in her bank—Esperanza International thanks you for your support of her loan!

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
  • 1
    View loans »
    Dominican Republic Loans Fundraising
  • $8,374,650
    Funds lent in using Kiva
  • 33.9
    Dominican Republic Pesos (DOP) = $1 USD