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Jesus Esta Aqui 1 Group
In this Group: Ysabel, Claire, Santa, Nancy, Maribel
Ysabel is the coordinator of her group 'Jesus Esta Aqui 1 (Jesus is here). Her group is located in the urban slums surrounding Santo Domingo. She makes her home here in a simple structure with her long-term partner and 3 children. She says that her most difficult challenges are to raise her children and her nephews and to provide for their needs. In the meantime, she plans to continue enjoying being at home with her family and watching television.

Ysabel is excited to be taking her 13th loan with Esperanza after having successfully repaid her previous loans and expanding her business. She has had her business for over 8 years, starting with her first loan with which she bought a stove and gas tank to fry food.

She plans to use this loan to invest in her businesses to increase her inventory by purchasing goods like flour, meat, cooking oil, butter, plantains, potatoes, and other miscellaneous products like clothing, handbags and shoes. She runs two different business.

She will use the profits to reinvest in her businesses and to provide for her family, thus helping her partner. She wants to buy a home and have all her family together in a better house.

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

  • $7,611
    Average annual income
  • 6
    View loans »
    Dominican Republic Loans Fundraising
  • $7,840,950
    Funds lent in using Kiva
  • 43.2
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Jesus Esta Aqui 1 Group's $4,175 loan helped a member to buy flour, plantains, meat, and other products like clothes, bags, and shoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2014
Listed
Feb 19, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014