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Mujeres Decidida De Restauracion Group
In this Group: Maria, Juana, Josefina, Carmen, Lucy, Maria, Maria, Ivelisse, Georgina, Francis
Maria M. is the leader of her Bank of Hope, Mujeres Decidida D. Restauracion ("Women Determined for Restoration"). She is the mother of four, aged 24, 26, 28, and 30, and has used her Esperanza loan to start her craft-selling business. Her future ambitions incluD. expanding her business and providing a comfortable life for her grandchildren.

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
  • 5
    View loans »
    Dominican Republic Loans Fundraising
  • $7,912,075
    Funds lent in using Kiva
  • 34.3
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Decidida De Restauracion Group's $1,775 loan helped a member manualidades Nazareno (Christian crafts).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 28, 2008
Listed
Aug 1, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009