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Mujeres De Fe Group
In this Group: Teofila, Dionisia, Ramona, Yesnia, Petronila, Epifania, Yanira, Maxima, Reyes, Leonarda, Josefina, Agripina, Geronima, Anyelina, Delfia
TeofiL. is the coordinator of her group, Mujeres D. Fe (Women of Faith). Her story is representative of both her group members and Esperanza's Haitian and Dominican (many of whom recently emigrated to the DR from Haiti) clients. Her group is based in the community of Las Flores in the coastal city of Puerto Plata, where running water (which is not potable) and electricity are unreliable at best. She rents a simple structure of concrete walls and a tin roof where she lives with her husband. She is six months pregnant.

TeofiL. has become a successful Esperanza associate and has already successfully repaid three loans. With this loan she intends to purchase precious stones, Larimar (a locally mined precious stone) coconuts, shells, lanyards and metal wiring to use in her artisan work. She plans to market her goods both in her native City of Puerto Plata, but also hopes to market them in other islands in the Caribbean by sending them to her father who works in the Turks and Caicos. 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
  • 0
    View loans »
    Dominican Republic Loans Fundraising
  • $8,557,075
    Funds lent in using Kiva
  • 35.9
    Dominican Republic Pesos (DOP) = $1 USD