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Mujeres Hacia El Progreso Group
In this Group: Maria, Antonia, Hector, Justina, Juana
Maria is the coordinator of her group, Mujeres Hacia el Progreso (Women Toward Progress), and her story is representative of her group and of Esperanza's Haitian and Dominican clients generally, many of whom recently emigrated to the Dominican Republic from Haiti. Her group is located in the urban slums surrounding Santiago, the Dominican Republic's second largest city. Santiago's economy is based around agriculture, and running water (none of which is potable) and electricity are unreliable. Maria makes her home here in a simple structure with her husband.

Maria is excited to be taking out 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 clothes-selling business by purchasing blouses, underwear, and pants in the main markets and then selling them at a profit in her community. She will use the profits to invest in her goal of owning a vehicle, which will help her continue to expand her business as well as to make her life easier. 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
  • $8,583,700
    Funds lent in using Kiva
  • 36.0
    Dominican Republic Pesos (DOP) = $1 USD