Check out some available loans that are similar to this one!
Desarrollo Comunitaria 1, 2, 3 & 5 Group
In this Group: Apolonia, Jackeline, Gregoria, Teresa, Judyds, Melania, Sita, Toribia, Belgica, Elizabeth, Alberto, Petra, Dominga, Emilia, Amada, Isabel, Juana, Idelsa, Francisca, Isairis
Apolonia is the coordinator of her group, Desarrollo Comunitario (Community Development). Her group is located in the lush, rugged Samana peninsula, an area with a tourism industry. She makes her home here in a simple structure with her long-term partner and three children.

Apolonia is excited to be taking her 16th loan with Kiva partner, Esperanza, after having successfully repaid her previous loan and grown her business. She plans to use this loan to invest in her business selling clothing by purchasing bedding set, shirts, pants, skirts and bracelets in the capital and then selling them at profit in her community. Apolonia will use her profits to invest in remodeling her home as well as purchasing school supplies for her children. 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

  • $7,611
    Average annual income
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $7,981,250
    Funds lent in using Kiva
  • 40.7
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Desarrollo Comunitaria 1, 2, 3 & 5 Group's $4,325 loan helped a member to purchase clothes, bedding set and bracelets to sell in her area.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013