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Fe Y Esperanza 1, 2, 3 & 4 Group
In this Group: Glenni, Jimena, Lelin, Esperanza, Marielba, Elupina, Aris, Carmen, Yosanta, Rosa, Rosa, Elizabeth, Tatiana, Alexis, Reinaldo, Diomedes, Adela, Marcos*, Maria*, Felicia
* not pictured
Glenni is the coordinator of her group, "Fe y Esperanza 1, 2, 3 & 4" ("Faith and Hope"). Her group is located in Samana, a lush and rugged peninsula with a new and still undeveloped tourism industry. She is mother of a child, and she lives together with her long-term partner. Glenni wants to reinvest in her business because scholar season is coming, and she wants to increase her business inventory.

Having repaid her previous loans, and because her business has grown, Glenni is excited to be taking her fourth loan with Esperanza. She plans to use this loan to invest in her business by buying books, notebooks, and school supplies. She will use the additional profits to save and reinvest in her business and to supply some of the needs of her family.

Glenni dreams of becoming a professional and having a successful business. This Esperanza associate began with Esperanza to access loans for her business. She thanks 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

  • $9,700
    Average annual income
  • 1
    View loans »
    Dominican Republic Loans Fundraising
  • $8,275,775
    Funds lent in using Kiva
  • 42.0
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Fe Y Esperanza 1, 2, 3 & 4 Group's $4,175 loan helped a member to buy books, notebooks, school supplies, and other goods for libraries.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jul 5, 2013
Aug 4, 2013
Currency Exchange Loss:
Jan 17, 2014