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Jehova Suple - Groups 1, 2
In this Group: Marcia, Maria, Maria, Ramona, Araseli, Octavia, Griseyda, Ana, Maria, Suraini
Marcia P. and Octavia D. L. C. are two representatives of the ten entrepreneurs applying for this Kiva loan. Both Marcia and Octavia have small cafeterias. They sell mostly juices, sandwiches, and fried pastries filled with either meat or cheese. These make great snacks and are cheap, easy-to-take-on-the-go breakfast options as well. This loan will be used to purchase more juices and pastries in order to serve larger clienteles in the morning when both of them have the largest crowds. Marcia and Octavia want to own the houses they live in so they don't have to pay rent in the future and can take more advantage of what their businesses are generating.

All of the group members live in San Pedro D. Macoris, in southeast Dominican Republic. They have successfully repaid five previous loans to Esperanza International, and are working towards consolidating their businesses. These hardworking women have shown great determination in taking their micro businesses to the next level. Please help us to continue supporting them with this Kiva loan. Thank you!

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
  • 0
    View loans »
    Dominican Republic Loans Fundraising
  • $8,583,700
    Funds lent in using Kiva
  • 35.7
    Dominican Republic Pesos (DOP) = $1 USD