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Mujeres De Progreso 1, 2 & 3 Group
In this Group: Paulina, Jose*, Katerina, Niovel, Rosanna, Juana, Ana, Channel, Malenny, Loidi, Noemy, Loida, Graciela, Deisy, Lilibeth
* not pictured
Paulina is one of the members of the group Mujeres de Progreso (Women in progress) 1, 2 & 3. This group is located in a rural community surrounded by sugarcane fields in the outskirts of San Pedro de Macoris. She makes her home in a simple structure with her long-term partner and three children. For the past six years she has operated a grocery stall where she serves her customers and sells different products. She started her business with her own capital after saving for a while.

Paulina is excited to be a part of this third loan with Esperanza after having successfully repaid her previous loan portions and grown her business. She plans to use her loan to invest by buying grocery products. Paulina says that her most difficult challenges are improving her business and helping her family. Nevertheless, she plans to continue enjoying working in her business. Paulina 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

  • $7,611
    Average annual income
  • 6
    View loans »
    Dominican Republic Loans Fundraising
  • $7,847,650
    Funds lent in using Kiva
  • 40.4
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres De Progreso 1, 2 & 3 Group's $3,775 loan helped a member to buy groceries like candies, snacks and others.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 4, 2013
Listed
Jan 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013