Check out some available loans that are similar to this one!
Unidas Para Triunfar 6 Group
In this Group: Benita, Joaquina, Weidy, Ferrer, Walkira
Benita is the coordinator of her group, Unidas para Triunfar (Unite to Win) 6, located in the urban slums surrounding Santiago, the second largest city in the Dominican Republic. She is the mother of three children and makes her home here in a simple structure with her long-term partner.

Benita is excited to be taking out her seventh loan with Esperanza and by the opportunity to grow her business. She plans to use this loan to invest in her miscellaneous products business, selling clothes, cosmetics, shoes, etc. Benita will use this loan to increase her inventory. She will use the profits to invest in her business and to support her family’s needs. She thanks all of 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
  • 6
    View loans »
    Dominican Republic Loans Fundraising
  • $7,981,250
    Funds lent in using Kiva
  • 43.5
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Unidas Para Triunfar 6 Group's $3,125 loan helped a member to buy clothes and other miscellaneous products.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2014
Listed
Jul 24, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015