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Creciendo Para El Futuro 1, 2 &3 Group
In this Group: Adriana, Eugenia, Emiliano, Ignacia, Carmen, Clara, Mayra, Cecilia, Yunior, Dominga, Floira, Maria, Ligia, Natividad, Argentina
Adriana is the coordinator of her group, Creciendo Para el Futuro 1, 2 & 3 (Growing for the Future). Her group is located in Samana, a lush and rugged peninsula with a nascent tourism industry. She is a single young mother with a child who is working hard to pay her university fees and become a professional -- this is her most important challenge. She also wants to establish her business by building a local shop on a plot of land next to her house.

Having repaid her previous loans and grown her business, Adriana is excited to be taking her 8th loan with Esperanza. She has had her business for around five years, cooking food and delivering it to people. She plans to use this loan to invest in her business by buying a freezer and more goods like rice and beans. She will use the additional profits to save and supply some of the needs for her only child and for her home. In the near future, she wants to build her own house.

Adriana is dreaming to become professional and to have a successful business. This Esperanza associate began with us to access loans for her business. 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
  • 12
    View loans »
    Dominican Republic Loans Fundraising
  • $8,228,650
    Funds lent in using Kiva
  • 38.8
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Creciendo Para El Futuro 1, 2 &3 Group's $4,000 loan helped a member to buy a freezer and food ingredients.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2012
Listed
Mar 20, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012