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Esperanza En Dios Group
In this Group: Monica, Marial, Juana, Yudelka, Carmen
“Esperanza en Dios”, or Hope in God, is a group of five entrepreneurs seeking their first loan from Esperanza International. This group hopes to utilize their first micro-finance loan to further develop their existing business ventures or create new operations in order to increase their profit levels. Monica, the wife of the pastor who works in the Santiago Esperanza office, is the coordinator of this group.



Ramona and her husband Rafa have four children (18, triplets: 12). Ramona sells oil for cooking and homemaD. ice-cream. Currently she is able to sell 5 to 6 units of oil a week and 100 strawberry, cherry, and chocolate ice-creams at 5 pesos each (approximately $0.14) a day. Ramona desires to use her first micro-finance loan to purchase additional ingredients to increase the sales of oil and ice-cream and also start selling undergarments from her home. Ramona and her husband Rafa desire to see continued growth so that they may continue to proviD. for the needs of their four children.



Other members of Ramona’s bank run similar entrepreneurial operations including a “colmado” or small grocery store and clothing and undergarment sales.

On behalf of Esperanza and this group of business entrepreneurs, we would like to 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
  • 4
    View loans »
    Dominican Republic Loans Fundraising
  • $8,065,475
    Funds lent in using Kiva
  • 35.4
    Dominican Republic Pesos (DOP) = $1 USD