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Union Y Progreso 6 Group
In this Group: Rosanny, Pedro, Juan, Antonio, Juan
Rosanny is part of the group named Union y progreso (Union and Progress) 6. She is the representative of this group and has proven to be a very hardworking woman by operating different businesses to make extra income. This group is composed of 5 micro-entrepreneurs. They are doing business in their rural community, outside El Seybo. They sell meat, fruit and vegetables, clothes and other items.

Rosanny is a young women and she lives together with her parents. She says that her most important challenge is to have a successful business and to become a professional. She enjoys sharing with her family and working. Rosanny sells miscellaneous products like underwear, cosmetics and shoes, either by walking into the nearest communities or directly from her home. She will use this loan to invest in her business and increase her inventory. She is on her 3th loan with Esperanza. Rosanny and her group thank 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
  • 0
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    Dominican Republic Loans Fundraising
  • $8,088,925
    Funds lent in using Kiva
  • 41.0
    Dominican Republic Pesos (DOP) = $1 USD