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Ana's Group
In this Group: Ana, Mariluz, Andremena, Yeni, Andrecarmen, Teresa, Veronica*, Rosa, Yaneta*, Lucia
* not pictured
Ana is a member of the “Canal de Bendición 1,2” group. Most of the group's members are Dominican-Haitians or emigrants from Haiti who live in 'bateyes' (company towns where sugar workers live) in the town of Romana, one of the Dominican Republic's tourist destinations which has a high scale of luxury.

Ana's business is selling. She acquires her clothing in the flea markets of Santo Domingo or on the border with Haiti. Ana is married and has 4 children. She tells us that her biggest challenge is being able to provide her kids with a good education.

Ana is very excited to be receiving her third loan from Esperanza Internacional and will invest it in her business, which she has had for around 8 years. She is planning to invest her loan in buying various items of new clothing like pants, t-shirts, jeans and short pants, etc. She will use her profits to re-invest in her business. Her dream is to make her business a successful one. 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
  • 39.0
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Ana's Group's $5,300 loan helped a member to buy new clothes to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2012
Listed
Apr 9, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012