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Las Rosadas 3 & 6 Group
In this Group: Marie, Marie, Louride, Raquel, Florencie *, Angeline, Bernardine, Euna, Foufoune, Anise
* not pictured
Marie and Angeline are group coordinators for the Las Rosadas bank. Angeline is an entrepreneur who sells clothing, bedding supplies, and miscellaneous beauty products. She has been running her own business for the last four years. As a immigrant from Haiti, she has few other economic opportunities available to her. Angeline works to support four children, and puts her profits towards food for the family, school fees, and maintaining her home.


Marie is an entrepreneur also involved in clothing and bedding sales, and other miscellaneous items. She has been involved in her micro-business for 2 years. She uses her profits to send her children to school. Regarding how she makes ends meet, Marie says "you can't just sit around and do nothing! Come up with something to do!"


These women describe their neighborhood as "forgotten." Their community, they say feels an economic "crisis" at hand. As Haitian immigrants, these women say they are very aware of the limited opportunities available to them. For many in their situation, university education will remain out of reach. Marie reflects that through microlending, she has achieved some important gains in her life. In particular, she was able to save money to visit her family in Haiti for the first time in nine years. This, she says, is very important to her.


Thank you for supporting these entrepreneurs!

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

  • $9,700
    Average annual income
  • 11
    View loans »
    Dominican Republic Loans Fundraising
  • $8,221,500
    Funds lent in using Kiva
  • 35.6
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Rosadas 3 & 6 Group's $2,750 loan helped a member purchase new merchandise for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 3, 2009
Listed
Feb 18, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009