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La Prosperidad Group
In this Group: Maria, Carmen, Santiago, Isabel, Maria, Juana, Santo, Alejandro, Bernarda, Maria, Josefina, Dary, Antonio, Camila, Alexandro, Sencion, Altagracia, Altagracia, Jose, Luisa
María M. is a mother of three children. She has been a buyer of bulk clothing for some time and has worked part of her life in the selling of new and used clothing. María maD. the decision to ask for a loan through a BD. called “Prosperidad”\ in Samana, where our office is operating. María decided to invest her money in her business, hoping that it is successful. As all Dominican women, she enjoys meat and her favorite hobby is reading books and asking God for a better future for her family which we know our Lord with grant her.

Maria is part of a larger group of 35 men and women. Only 20 are taking out new loans right now, her loan represents the other 19 individuals in her Bank of Hope. Her group members have businesses in everything ranging from small grocery stores, to fried fish stands, to clothing and shoe sales.

On behalf of Maria, her group, and everyone here at Esperanza International-- we thank you for your support!
View original language description ↓
María M. madre D. tres hijos ha sido compradora D. pacas desD. hace un tiempo y ha trabajado una parte D. su vida en la venta D. ropas nuevas y usadas. María tomó la decisión D. solicitar un préstamo a través D. un BD. al cual se le llama actualmente Prosperidad donD. está operando nuestra oficina en Samaná. María decidió invertir su dinero en su negocio, esperando sea prosperado por medio D. este, esta es una Sra. La cual como toda dominicana le encanta la carne y su pasatiempo favorito es leer libros y le piD. a Dios por un futuro mejor para su familia el cual sabemos el nuestro Señor se lo concederá.

Maria is part of a larger group of 35 men and women. Only 20 are taking out new loans right now, her loan represents the other 19 individuals in her Bank of Hope. Her group members have businesses in everything ranging from small grocery stores, to fried fish stands, to clothing and shoe sales.

On behalf of Maria, her group, and everyone here at Esperanza International-- we thank you 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
  • 11
    View loans »
    Dominican Republic Loans Fundraising
  • $8,228,650
    Funds lent in using Kiva
  • 34.3
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of La Prosperidad Group's $5,000 loan helped a member to buy more used clothing to re-sell to her community members.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 20, 2008
Listed
Oct 6, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009