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Victoria De La Fe 1, 2 & 3 Group
In this Group: Margalet, Venicia, Romelia, Marie, Linot, Edita, Fabbe, Alourde, Clement, Paul, Cecilia, Rqsanny, Sonia*, Leonida, Elinorce
* not pictured
Margalet is the coordinator of her group, Victoria de la Fe 1, 2 and 3 (Victory of Faith), located in a village where most of the citizens are Haitians. She lives in a modest home with her two children. With her efforts, she can make extra income and provide for her family. She enjoys going to work and taking care of her children. Margalet is excited to be taking out her third loan from Esperanza. She runs a business selling cosmetic products. She has had her business for nearly two years. She began her business by selling miscellaneous products that she bought with her first loan. Margaret is planning to use this new loan to invest in her business by buying more cosmetics. She will reinvest the profits in her business by purchasing more products and expanding her business, offering more options and gaining new clients. Margalet dreams of becoming someone with a very large business; she wants to have a general store. She represents her group and many Haitians who have emigrated to the Dominican Republic to improve their lives. In this group are 15 Haitian families, a sample of those fighting to overcome the Haiti crisis. Thanks to you for supporting this group.

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

  • $9,700
    Average annual income
  • 1
    View loans »
    Dominican Republic Loans Fundraising
  • $8,383,500
    Funds lent in using Kiva
  • 41.4
    Dominican Republic Pesos (DOP) = $1 USD