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Porvenir Femenina Group
In this Group: Flavia, Maria, Pedro, Clariza, Teofilo
This is a group of five members of a bigger group of people called "Porvenir Femenina". All of the people in this group are trying to increase their small businesses and improve their lives. Flavia S. is the group representative, and for good reason. She is an extremely hard-working, outgoing woman. She is dedicated to her work and to making sure all loan payments are made. She is the mother of four children, and those children's future is what motivates her. She wants to provide them with a comfortable life, and give them a chance at a better future. She has a small business selling food, and has slowly been increasing her business. She thinks this next loan is really going to make a big difference and help her business grow. She dreams of having her own house, and sending her children to college. She said she is ready to go out and achieve those goals instead of just hoping for them.

On behalf of Flavia, 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
  • 2
    View loans »
    Dominican Republic Loans Fundraising
  • $7,912,075
    Funds lent in using Kiva
  • 35.2
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Porvenir Femenina Group's $1,650 loan helped a member purchasing food to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2008
Listed
Nov 6, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009