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Pensando En El Futuro 1, 2, 3 Group
In this Group: Sonia , Benancia, Ana , Cristina, Juan , Georgina, Yoselin, Rosagna, Javier*, Carmen, Milagros, Petra, Angel , Milagros, Jocelyn
* not pictured
Sonia plans to use this loan to invest in her nail salon by purchasing a machine to polish nails as well as glue, cotton and the acrylic nails themselves. She makes her home in the Samana peninsula in a simple structure. Her group is located in a lush but rugged strip of land with a nascent tourism industry, where running water (none of which is potable) and electricity are unreliable. She is a single mother with three children.

Sonia is excited to be taking her first loan with Esperanza and she is very excited to be starting her own business. She will use the profits gained from this business to invest in improving her home as well as saving towards buying a computer for her children to learn on. Her long term goal is to turn her business into a profitable enterprise that will help her to own a car and to send her children to university so that they can be professionals. She thanks you all for your support.

Sonia is the coordinator of her group "Pensando en el Fulturo" (Thinking About the Future) 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.

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
  • 36.0
    Dominican Republic Pesos (DOP) = $1 USD