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Mujeres Con Suena Y Metas 1 Y 2 Group
In this Group: Lina , Shirley , Angela , Benita, Belkis, Ceferina, Cila, Patricia, Santa , Yaris
Lina is excited to be taking her first loan with Esperanza because Esperanza can help supply her "fantasy". To explain: she plans to use this loan to invest in her business which is called a "fantasia" (or fantasy). The reason for the name is that these stores usually supply things that women and girls like such as stationary, clothing, underwear and other desirable items. With this loan, Lina will be looking to supply her store with blouses, women's pants and high heels. She will use the profit to supply her store. Her long-term goal is to earn enough profit to purchase a vehicle to move her merchandise. She thanks you all for your support.

Lina is the coordinator of her group, Mujeres con Suena y Metas ("Women with Goals and Dreams"), and her story is representative of her group and of Esperanza's Haitian and Dominican clients (many of whom recently emigrated to the DR from Haiti) generally. Her group is located in the slums that ring the capital, Santo Domingo – an area plagued by crime where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure with her longtime partner and their three children.

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