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Embajadores 1 Group
In this Group: Juan, Odania, Maria, Margarita , Ana
Juan is the group coordinator of the group Embajadores (Embassadors) which is based in the rural areas surrounding La Romana, an area where electricity and running water (none of which is potable) is unreliable at best. Here Juan makes his home in a small structure of wooden walls and a tin roof with a cement and dirt floor. Juan lives with his wife and two adult sons.

Juan has come to Esperanza to take out his first loan with the goal of improving his business selling fruit out of a small store which he rents. This business is his family's primary source of income and with this loan he will purchase avocados, mangoes, melons, bananas, papayas and watermelons in bulk to receive a better price and increase his profit margin.

Juan believes he will be successful as he has over two years experience selling produce in his local community. With his new profits he intends to enroll his son in university. His long term goal is to see his sons succeed and to develop his business to be larger and more successful. He 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
  • 0
    View loans »
    Dominican Republic Loans Fundraising
  • $8,583,700
    Funds lent in using Kiva
  • 36.1
    Dominican Republic Pesos (DOP) = $1 USD