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Emmanuel Group
In this Group: Yasmel, Erenia, Rosa, Estervina, Isabel , Yeimy, Cristina, Josefina, Reyna, Glennys
Jeimy L. and Yasmel P. are group coordinators for the Enmanuel Bank of Hope, from Villa Mella. This area is located on the northern outskirts of Santo Domingo. Jeimy´s group is on their third loan cycle and Yasmel´s group is on its first.



Jeimy has 3 children, ages 11, 9 and 2. She sells shoes from a catalog. She sells from her own home and also visits her clients to show them the catalog so they can place their orders. The shoes she sells the most are women´s. She will use this loan to purchase the shoes her clients have ordered from her. She says her biggest challenge is to get her customers to pay her on time. She dreams of one day renting a space where she can have her own store and sell not only shoes, but also clothes and accessories.



Yasmel has a one-year-old daughter. She sells clothes for all ages. The highest demand she gets is for women´s clothing. She buys her merchandise by bundles in order to buy a larger amount at a much smaller price. She sells from home, where her customers visit her. Her dream is to one day have her own store in Avenida Duarte in Santo Domingo (the largest commercial strip in the city).



On behalf of Esperanza International, 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
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $8,158,875
    Funds lent in using Kiva
  • 35.5
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A portion of Emmanuel Group's $2,900 loan helped a member purchase merchandise for last order placed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2009
Listed
Feb 19, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009