Check out some available loans that are similar to this one!
Amor Y Paz 1,2 Group
In this Group: Lidia, Rumarda, Gleny, Rafael, Melida, Luminada, Elizabeth, Maria, Paula, Eridania
Lidia is the coordinator of her group, Amor y Paz (Love and Peace), and her story is representative both of her group and of Esperanza's Haitian and Dominican (many of whom recently emigrated to the DR from Haiti) clients generally. Her group is located in the rural area surrounding Santiago, a town known for its production of tobacco and beef where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure as a single mother with her child.

Lidia is excited to be taking her second loan with Esperanza after having successfully repaid her previous loan and grown her business. She plans to use this loan to invest in her business selling clothing by purchasing a package of used clothing imported in bulk from places like the Salvation Army in the United States to sell in her community. She will use the profits to construct a sink in her home as well as investing in clothing and school supplies for her child. 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
  • 35.8
    Dominican Republic Pesos (DOP) = $1 USD