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Los Excelentes 6 Group
In this Group: Ramonita, Deysi, Rosita, Maria, Suzana
Ramonita is the coordinator of her group, Los Excelentes 6, which is composed of five microentrepreneurs located in the city of San Pedro de Macoris. Their community is in a rural area outside of the city. Ramonita has a small drugstore where she sells mostly natural medicines and some other products. She and the other members are doing business in their community and nearby ones.

Ramonita is a hardworking mother with three children. Her most important challenge is to work hard to provide for her family and give them as much as as she can: school, clothing, food, etc. She is receiving her sixth loan from Esperanza Internacional, and she is committed to working harder to improve her business. Ramonita would like to save her profits to reinvest in 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.

Tags

About Dominican Republic

  • $7,611
    Average annual income
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $7,912,075
    Funds lent in using Kiva
  • 42.4
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Excelentes 6 Group's $2,875 loan helped a member to buy natural medicine and other items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2013
Listed
Dec 11, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014