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El Arroyo Unidad Group
In this Group: Martina, Rosa, Rosa*, Rosa, Ambrosia, Yeimy, Ysebel, Elpidio, Victor, Yosimary
* not pictured
Martina E. H. is a middle-aged woman that lives in Samaná, Dominican Republic. As a single mother, her small vending business allows her to support her two sons. With this particular loan, she is looking forward to the possibility of acquiring more inventory such as necklaces, purses, and jewelry. The earnings from her business will allow her to continue to support her children and put her one step closer to her dream, which is to return to school and earn a degree.

Martina (pictured in the center with the brown shirt) is just one member of the 10 person bank, El Arroyo Unido. Together, these Dominican entrepreneurs are able unite in solidarity, allowing them access to funding that they would otherwise never be able to receive on their own. The concept of this group bank paying their loan together is to reduce the risk of one person defaulting, as the other members gladly help cover one another’s payments in order to receive their next loan together.

On behalf of Martina E. and the entire team at Esperanza, we thank you for your support and awareness of the global issue of poverty that you are making a difference in.

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
  • 34.1
    Dominican Republic Pesos (DOP) = $1 USD