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Fuente De Vida Groups 1 & 2
In this Group: Miosotis, Elena , Santa, Leonidas, Maria, Crisiana, Nohemi, Marleny , Sobeida, Eusebia
Miosotis is the coordinator of Banco D. Esperanza’s (Bank of Hope) Fuente D. Vida (Source of Life) group, which is located in the rural outskirts of L. Romana. She lives in a "batey," a community set up for workers who cut sugarcane in the blistering Dominican sun. Despite the remoteness of these communities, Miosotis says she is happy to be able to live with her husband and three children ages 19, 16 and 10 years old in their small home.

Miosotis is excited to take her first loan with Esperanza in order to open a small nail salon to serve the women in her community. With this loan she will purchase a small table, nail machine and acrylic nails. She hopes that this new income will help her to support her family. She thanks you all for 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
  • $8,443,950
    Funds lent in using Kiva
  • 36.0
    Dominican Republic Pesos (DOP) = $1 USD