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Amor Y Paz De Dios 2 Group
In this Group: Elena, Santa, Candida, Julia, Maria
Elena is the coordinator of a group called Amor y Paz en Dios (Love and Peace in God) 2. She lives with her long-term partner. She is the mother of six children, but they are not living together with their parents. This group is located in the rural areas surrounding El Seybo. They all live in a rural community, surrounded by sugarcane fields on the outskirts of the city.

Elena started her business with her own savings. Having promptly repaid her previous loans, she is excited to be taking her eleventh loan from Esperanza, which she will invest in her business to buy fruit, sugar, yucca, cooking oil, etc. She sells natural fruit juices and chulitos (dough made from yucca that is filled with meat or cheese and then fried). She is planning to use her profits to build her house and further develop her business.

Elena says that her most difficult challenges have been her economic problems and health. Meanwhile, she plans to continue attending her church.

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
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $8,265,375
    Funds lent in using Kiva
  • 38.3
    Dominican Republic Pesos (DOP) = $1 USD
A portion of Amor Y Paz De Dios 2 Group's $3,100 loan helped a member to buy fruit, sugar, yucca, cooking oil, etc.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 13, 2012
May 11, 2012
Currency Exchange Loss:
Jun 10, 2012