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Prosperidad Y Esperanza 2 Group
In this Group: Santa, Jose, Celeste, Luz, Vanessa
Santa is the group coordinator of Prosperidad y Esperanza (Prosperity and Hope). Her group is based in the city of Santiago, the second biggest city in Dominican Republic, where she makes her home in a simple structure and runs her business. She is a mother of three children, and she lives together with her long-term partner.

Santa is excited to receive her second loan from Esperanza Internacional, after she was invited to be part of this group and started her business. She sells miscellaneous items and will spend this loan on shoes, clothes, and cosmetics to sell. She will reinvest any profits in her business. Santa's dream for her family is to have her kids safe and own a home to raise them. 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
  • 5
    View loans »
    Dominican Republic Loans Fundraising
  • $7,912,075
    Funds lent in using Kiva
  • 38.8
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Prosperidad Y Esperanza 2 Group's $2,400 loan helped a member to buy miscellaneous products (clothes, shoes, cosmetics).
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 3, 2012
Listed
Feb 22, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012