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La Franbruesa Group
In this Group: Ana, Esmirna, Altagracia, Reyna, Ruth, Altagracia, Liz, Juana, Juana, Rosario
Ana M. is a lovely young woman who lives with her four children and husband in the town of Los Alcarrizzos, a suburb of the capital of Santo Domingo. She has started a small business providing public transportation to her community members.

Ana is requesting this loan so that she can improve the service she provides to her clients, making her car safer, more comfortable, and more fuel efficient. With the profits from her business, she hopes to begin saving more money, working towards realizing her dream of one day returning to school so that she can become college-educated; as well, she hopes to be able to help send her children to college. She says that it is often difficult to advance economically in Los Alcarrizzos, but with hard work and this loan, she believes she can improve her life and business, one day at a time.


On behalf of everyone here at Esperanza International, and from Ana M. herself, we thank you for your support with this micro loan!

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
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $7,840,950
    Funds lent in using Kiva
  • 33.8
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of La Franbruesa Group's $2,525 loan helped a member to purchase car parts and pay maintenance costs.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 11, 2008
Listed
Mar 27, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 12, 2008