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Monte De Bendicion 1 Group
In this Group: Francisca, Mirian, Julia, Natividad, Elias
Francisca is a member of the group Monte de Bendicion (Mount of Blessing) 1. This group is located in the urban slums surrounding Santo Domingo. The members are dedicated to doing business around their community and other villages, selling clothing, shoes, cosmetics, underwear, and many other products.

Francisca sells used clothes that she buys by the bag. Each bag or packet has around one hundred pieces of good quality second-hand clothes. For Dominicans and Haitians, it is very popular to buy clothes like this. Most of them are good quality and have cheap prices. She sells them from her house and from a flea market. Francisca will use this loan to buy three bags, and with her business profits, she will reinvest in her business by buying more clothing of higher quality, which costs more and requires more capital.

Francisca lives with her husband and their four children. She dreams of having a successful business. She enjoys working at her home and doing 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
  • 11
    View loans »
    Dominican Republic Loans Fundraising
  • $8,228,650
    Funds lent in using Kiva
  • 38.9
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Monte De Bendicion 1 Group's $1,900 loan helped a member to buy three bags of used clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 21, 2012
Mar 23, 2012
Currency Exchange Loss:
Sep 15, 2012