Check out some available loans that are similar to this one!
Mujeres Hacia Al Progreso 1 Group
In this Group: Maria, Eulalia, Efrain, Rafaela, Juana
This group of five women has experienced great success. Each has started her own small business, and the businesses continue to improve with each loan cycle. Some of these women are on their seventh loan cycle and still want to grow. Maria F. is the group representative and a very hard-working mother of one child. She has a business selling clothing in her area. She buys the clothing for very low prices and then sells it in her small store. She started with almost nothing, and today is earning a income sufficient to feed her child and to provide his education. She is very thankful for all the help she has received and wants to continue improving her life. She dreams of traveling some day, and being able to have a nice house.

On behalf of Maria, 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

  • $7,611
    Average annual income
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $7,981,250
    Funds lent in using Kiva
  • 35.2
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Hacia Al Progreso 1 Group's $1,775 loan helped a member purchasing clothing for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2008
Listed
Nov 6, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009