Check out some available loans that are similar to this one!
Mujeres Con Proposito Group
In this Group: Ramona, Ruperta, Maria, Yesenia, Victoria, Somaira, Ingrid, Maria, Ysabel, Angela, Altagracia, Mary, Zeneida, Maria, Altagracia
"Mujeres con Proposito" is a group of 15 women looking to receive their first loans. All members of this group are living in extreme poverty, and decided to try and do something about it. This loan they receive is going to go towards starting their own small businesses which they hope to grow. Romona is the chosen group representative, and she was chosen by this group because they felt she was ready for this role, and is a person of great diligence and leadership. She is the mother of four children, and sees this as a chance to provide for those children. She plans on opening a small clothing store and someday dreams of having a large store and her own vehicle. On behalf of Romona, the group, and Esperanza International------ 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
  • 35.1
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Con Proposito Group's $2,150 loan helped a member these women would like to improve their families' lives by starting their own small businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 31, 2008
Listed
Oct 16, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009