A loan of $2,400 helped a member to purchase a machine with which to make jewelry and the metal to use in it.

Las Mercedes Group's story

Claribel is the coordinator of her group, Las M., 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 lush, rugged Samana peninsula, an area with a nascent tourism industry, where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure with her long-term partner and their two children.

Claribel is excited to be taking her tenth loan with Kiva partner, Esperanza, after having successfully repaid her previous loan and grown her business. She plans to use this loan to invest in her business by purchasing a machine to impress metal to make jewelry and the metal to use in the machine. She will use her profits to invest in the re-modelling of her home and school supplies for her children. She would also like to save to travel to the US to visit her family there. She thanks you all for your support.

In this group: Claribel, Juliana, Enmencia, Jose, Alejandrina, Lourde*, Virginia, Paula, Edubiges, Matilde, Julian, Altagracia, Adriana, Ydaliza, Petronila
*not pictured

Loan details

Lenders and lending teams

Loan details