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Con Dios Adelantre 1, 2 & 6 Group
In this Group: Xiomara, Leona, Marie, Yemena*, Maria, Nana, Yemesira, Santa, Belkis, Liliana, Ana, Altagracia, Anita, Maria, Simona*
* not pictured
Xiomara is the coordinator of Con Dios Adelante (Forward with God) 1, 2 & 6. This group is made up of fifteen micro-entrepreneur women and it is located in the city of La Romana, a rural area of the country dedicated to the harvest of sugar cane, in a batey founded for sugar cane workers, especially for Haitians.

Xiomara lives with her long-term partner and her three children. She says that her most important challenges are to continue improving her business and to provide change for her family. After the loans, her business is expanding her business and getting more clients. She enjoys working and cooking for her family.

She is running a miscellaneous sales business where she sells cosmetics, shoes, clothes, and other items. She will use her loan to purchase many items to increase her businessinventory. She is excited to receive her 6th loan with Esperanza. She has been part of this group for almost 4 years and with each loan she has been able to improve her business. With her business profits, she has been able to save and reinvest in her business when she needs to buy bigger orders. Xiomara thanks all of you for your support of her business and her group.

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
  • 2
    View loans »
    Dominican Republic Loans Fundraising
  • $8,161,575
    Funds lent in using Kiva
  • 38.9
    Dominican Republic Pesos (DOP) = $1 USD
Expired
A portion of Con Dios Adelantre 1, 2 & 6 Group's $5,150 loan helped a member to buy different miscellaneous products.
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2012
Listed
Apr 19, 2012
Currency Exchange Loss:
Possible
Expired:
May 19, 2012