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Fuerza Divina 2 Group
In this Group: Dania, Nilcia, Francisca, Maria, Eulalia
Dania is one of the members of her group called Fuerza Divina (Divine Force) 2. This group is located in Hato Mayor, a rural town where the economy is based around agriculture. She makes her home here in a simple structure with her two children.

Dania sells underwear and clothes. She went into business using her savings, selling from her house. Now she is selling by walking and to wholesalers. Almost one year ago, she went to Esperanza and took out a loan that made it possible for her to invest a greater amount in her shop so she could earn more in profits. This is her second loan.

Dania is planning to use her portion of this 126,000 DOP loan to buy underwear, pants, t-shirts, etc. She will reinvest her profits to buy more products. She 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.

Tags

About Dominican Republic

  • $7,611
    Average annual income
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $7,981,250
    Funds lent in using Kiva
  • 43.3
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Fuerza Divina 2 Group's $2,925 loan helped a member to buy underwear and clothes.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2014
Listed
May 17, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015