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Jehova Jireh Group
In this Group: Consuelo, Florinda, Yajaira, Luisa, Colombina, Josefina, Mileydi, Silvana, Maritza, Francisca*, Luxane, Marianellis, Leticia, Francia*, Eusebia
* not pictured
Consuelo is a single mother. She lives in her home built with a simple structure, like others in her community, with two of her three children in the city of La Romana in one of the rural areas that are called bateys. Most bateys are located in a sugarcane field, and were built for the sugarcane industry workers.

Consuelo says one of her most favorite things to do are to take her children to eat ice cream and to the park. And her most important challenge is to continue growing in her life and business. Since four years ago, Consuelo started her clothing sales business with the money she received when she stopped working in a company.

Consuelo is receiving her sixth loan from Esperanza Internacional, after having successfully paid back her previous loans and will invest this capital in her clothing sales business; this loan will be invested to buy new clothing (pants, shirt, skirts and other pieces). With her business profits, she will reinvest in her business. She dreams of having a nail and beauty salon in a better location. Consuelo and her group are going to devote themselves to various areas of work such as clothes, cosmetics, shoes, beauty salons, grocery stores, etc.

Thanks for supporting this group of entrepreneurs!

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

  • $9,700
    Average annual income
  • 2
    View loans »
    Dominican Republic Loans Fundraising
  • $8,161,575
    Funds lent in using Kiva
  • 43.2
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Jehova Jireh Group's $6,675 loan helped a member to buy clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2014
Listed
Apr 8, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014