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Esperanza Para Vivir 2 Group
In this Group: Aura, Agripina, Hortencia, Elena, Maria
Aura lives in Santiago, the second biggest city in the Dominican Republic. The economy depends on agricultural industries. Aura and her group of five members are taking loans for their businesses. This group is named Esperanza Para Vivir (Hope to Live) 2.

Aura requires a loan to purchase clothes, jewelry, underwear and accessories. She runs a small business in her neighborhood selling miscellaneous products. This is her second loan with Esperanza International. She will take a step toward improving her business by investing this loan to increase her sales. She has had her business for over one year. She says that her favorite things are to do business and work. Aura and her group are thankful 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
  • 1
    View loans »
    Dominican Republic Loans Fundraising
  • $8,374,650
    Funds lent in using Kiva
  • 40.4
    Dominican Republic Pesos (DOP) = $1 USD