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Dios Es Esperanza (God Is Hope) Group 3-4
In this Group: Jimena, Modona, Pedro, Glenis, Teresa, Mipulia*, Rosita, Silvia, Montero, Cristina
* not pictured
Jimena has three children, ages 7, 4 and 14 months. She owns a small business selling chicken, beef and vegetables. Jimena has already completed four loans with Esperanza., and with her fifth one hopes to get that much closer to expanding her business, owning her own home and providing an education for her children.

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

Success!! The loan was 100% repaid

A portion of Dios Es Esperanza (God Is Hope) Group 3-4's $2,350 loan helped a member to develop her business and provide for her three young children.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 25, 2008
Listed
Jul 1, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2009