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Ulloa Group
In this Group: Jesumene, Benita, Genel, Robert, Claudia
Damaris Santana is the credit assistant of BDE Ulloa which is composed of 5 people, including Jesemene Z., a woman whose goal is to advance her business and build a concrete house. Jesemene buys merchandise to sell it in her community and in rural areas. She has a small grocery store and usually sells sweets also. She has also worked selling gasoline and wants her business to grow in a healthy way and have better output with the loan that she invested in it.

Jesumene is part of a larger group of 4 other women and me; her loan represents the other individuals in her Bank of Hope. Her group members have businesses in everything ranging from small grocery stores, to clothing and shoe sales.

On behalf of Jesumene, her group, and everyone here at Esperanza International-- we thank you for your support!
View original language description ↓
Damaris Santana es asesora de crédito el BDE Ulloa el cual está compuesto por 5 personas dentro de las cuales está Jesemene Z. una mujer cuyo desafío es salir hacia delante con su negocio y hacerse una casa de block, Jesemene compra mercancía para venderla en su comunidad y en zonas aledañas tiene un colmadito y usualmente vende también dulces no obstante a esto también se a dedicado a la venta de gasolina y a procurado que su negocio crezca de manera saludable y tenga mayor rendimiento con el préstamo que invirtió en el.

Jesumene is part of a larger group of 4 other women and me; her loan represents the other individuals in her Bank of Hope. Her group members have businesses in everything ranging from small grocery stores, to clothing and shoe sales.

On behalf of Jesumene, 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
  • 12
    View loans »
    Dominican Republic Loans Fundraising
  • $8,245,750
    Funds lent in using Kiva
  • 34.3
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Ulloa Group's $1,125 loan helped a member to invest in the purchase of new merchandise (such as hair accessories, small clothing accessories and other items) for sale in her small store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 17, 2008
Listed
Oct 3, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009