Check out some available loans that are similar to this one!
Las Ovejitas 1 Group
In this Group: Jesucita, Criserda, Lidia, Arileiki, Bangelina
Jesucita is the coordinator of her group, Las Ovejitas 1 (The little lambs), and her story is typical of her group members and of Esperanza's Haitian and Dominican clients, many of whom recently emigrated to the DR from Haiti. The group is located in the urban slums surrounding Santo Domingo, an area where crime is rampant and where running water (none of which is potable) and electricity are unreliable. Jesucita is the mother of three children and makes her home here in a simple structure with her children and her long-term partner.

Jesucita is excited to be taking out her ninth loan with Esperanza and at the opportunity to grow her business with capital at low interest. She plans to use this loan to invest in her business, a little restaurant called Comedor where she prepares lunch for people in her community. Jesucita will purchase goods for cooking such as rice, beans, meat, and cooking oil, as well as disposables to serve at lunch. She will use the profits to invest in her business and to provide little by little for the needs of her family. She thanks all of you 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
  • 2
    View loans »
    Dominican Republic Loans Fundraising
  • $8,374,650
    Funds lent in using Kiva
  • 38.9
    Dominican Republic Pesos (DOP) = $1 USD