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Cristo Es Esperanza (Christ Is Hope) Group 1
In this Group: Francia, Siliamenne, Daniel
Francia has five children ranging in age from 12 to 25. She owns a small shop selling vegetables and other necessities to her neighbors, and she has already paid back five loans to Esperanza International. With this next loan, Francia hopes to continue working and developing her business so that she can put food on the table and provide for her children’s education.

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
  • 0
    View loans »
    Dominican Republic Loans Fundraising
  • $7,918,800
    Funds lent in using Kiva
  • 34.1
    Dominican Republic Pesos (DOP) = $1 USD