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Fe Y Amor 4 Group
In this Group: Maria, Rocio, Margarita, Carmen, Maria
Maria is the coordinator of her group Fe y Amor 4 (Faith and Love). The group is located in Santiago, the second biggest city in the Dominican Republic and known for its tobacco and beef production. The group members are dedicated to selling clothes, food, shoes and jewelry.



Maria, who lives in a simple structure with her long-term partner and their child, is dedicated to working hard and helping her partner to generate extra income to better their family living conditions. In business for approximately three years, she is excited to be taking her seventh loan from Esperanza International to buy fabric and other materials to produce children's, women's and men's underwear for sale.



Maria will reinvest her profits in her business and buy some furniture that her son needs. Maria thanks all of you 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
  • 12
    View loans »
    Dominican Republic Loans Fundraising
  • $8,245,775
    Funds lent in using Kiva
  • 38.8
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Fe Y Amor 4 Group's $2,175 loan helped a member to buy fabric to produce underwear for sale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2012
Listed
Feb 24, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012