Check out some available loans that are similar to this one!
Mujeres En Desarrollo 1 &7 Group
In this Group: Marta, Juana, Isaura, Felina, Anilia, Macreca, Susana, Loidy, Filomena, Enrique
Marta is the coordinator of her group, "Mujeres en Desarrollo 1 & 7" (Women in Development). This group is located in the rural areas surrounding San Pedro, where running water (none of it potable) and electricity are unreliable. She makes her home here in a simple structure with her two children and her long-term partner.

Marta is excited to be taking her fifth loan with Esperanza, after having successfully repaid her previous loans and grown in her business and her loan amount.

She plans to use this loan to invest in her business selling fruits and vegetables. She operates a fruit and vegetable stall, where she sells plantains, cassava, oranges, bananas, and other tropical products. She will buy all of this products to increase her inventory.

She will use the profits to invest in her family's expenses and to improve her living condition by saving; she plans to start building her house.

She still dreams of having a successful business. 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

  • $9,700
    Average annual income
  • 11
    View loans »
    Dominican Republic Loans Fundraising
  • $8,228,650
    Funds lent in using Kiva
  • 39.0
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres En Desarrollo 1 &7 Group's $3,425 loan helped a member to buy vegetables and fruits for her stall.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2012
Listed
Aug 24, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013