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La Superación 4 Group
In this Group: Rosangel, Enemencia, Gisela, Mariel, Nilda
Rosangel G. (second from right) is the coordinator of a group of five women who are all entering their first group loan with Esperanza. While this is her first group loan, Rosangel has successfully paid back an individual loan from Esperanza in the past. She is extremely excited to use her loan to advance the business she currently owns – a beauty salon. Three years into owning this salon, Rosangel styles hair, gives manicures, and works with fake fingernails, and she also sells used clothing from her home.

Rosangel currently lives with her husband and four children, ages 18, 17, 15 and 5 in a small house loaned to them by her aunt. She would love to buy her own home with her husband in the future. Currently he is working hard as a taxi and bus driver in town to augment the income Rosangel brings in. Another goal for Rosangel is to construct a small building next to her home, or elsewhere, to house her beauty salon. Currently, the salon is in her home, which while convenient isn’t the best place for a business when living with four children.

I strongly encourage you to loan to Rosangel and the others in her group in La Superación. Each of them have their own hopes and desires with their businesses and families, and your loan will immediately impact their lives and bring them one step closer to a more desirable living situation.

For a list of all other Esperanza loans currently waiting for funding on Kiva, click on the following link: Currently Fundraising Esperanza Loans.

Muchas gracias!

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
  • 35.9
    Dominican Republic Pesos (DOP) = $1 USD