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Mujeres Hacia El Futuro Group
In this Group: Daniela, Ynes, Chanel, Juliana, Dionicia, Bibiana, Antia, Eusebia, Agustina, Tomas, Bianessa, Eleodora, Catedra*, Marta, Anasaria, Simona, Sencion, Ana, Ana*, Gloria
* not pictured
Mujeres Hacia el Futuro is a large group of 20 women hoping to receive loans. This group is very mixed in that some members will be receiving their third loan, while other are on their seventh loan. The one thing they all have in common is that they are in the process of improving their lives. Many of the group members have already doubled or tripled their income, and they hope to continue raising their standard of living.

Ynes M. is the representative of this group, and she is a perfect example of what micro-credit can do in a person's life. Ynes is the mother of one young child and before receiving her first loan, she was having a hard time feeding her child each day. Ynes had no real source of income and was just scrapping by each day. Ynes came to Esperanza International and took out her first loan a few years ago and started a small salon, selling beauty products. Through her hard work and diligence she is now taking out her seventh loan from Esperanza, and she can finally provide for her child. Her child is the love of her life, and she is so happy that she can put him through school! All she wants is a great life for her child, and she is on the right path! Ynes is so happy for the opportunity she received a couple years back, and is excited for her future!

Thank you for all 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

  • $9,700
    Average annual income
  • 1
    View loans »
    Dominican Republic Loans Fundraising
  • $8,374,650
    Funds lent in using Kiva
  • 35.7
    Dominican Republic Pesos (DOP) = $1 USD