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Fe Y Progreso Group
In this Group: Celina, Sandra, Ramona, Carmela*, Findelina, Argentina, Melina, Luz, Maria, Yngris*, Juanita, Cristina, Altagracia, Elena*, Ana, Benita, Danilda Perez, Kirce, Indira, Maquila
* not pictured
Celina F. is the representative of the group "Fe y Progreso" which mean Faith and Progression. Celina is a hardworking mother to five children and wants to open her own store one day. This group has 19 other loan recipients who are eager to start their business! The businesses range from food vender to beauty salon.

On behalf of Celina, her group, and everyone at Esperanza International---- we thanks 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
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $8,150,000
    Funds lent in using Kiva
  • 34.5
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Fe Y Progreso Group's $4,250 loan helped a member food Vendor.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 7, 2008
Listed
Sep 23, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009