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Vecinas Unidas Group
In this Group: Regina, Constancia, Yunior, Santa, Berkis, Juana, Eneroliza, Jackelin, Ysidro*, Apolonia, Francisco, Amparo, Carlos, Teresa, Adelaida
* not pictured
Regina is the coordinator of her group, Vecinas Unidas (United Neighbors). Her group is located in Samana peninsula, an area of the Dominican Republic with a nascent tourism industry, where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple, rented structure with her long-term partner and two children.

Regina is excited to be taking her seventh loan with Kiva partner Esperanza after having successfully repaid her previous loans and grown her business. She plans to use this loan to invest in her jewelry business by purchasing earrings, necklaces, and bracelets for her store. She will use the profits to purchase school supplies for her children, and she will save towards her dream of building her own home. 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
  • 12
    View loans »
    Dominican Republic Loans Fundraising
  • $8,221,500
    Funds lent in using Kiva
  • 39.0
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Vecinas Unidas Group's $3,950 loan helped a member to buy silver jewelry to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2012
Listed
Aug 29, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013