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Cristo La Solucion 1,2,3 Group
In this Group: Santiago, Miledis, Mirtha, Maria, Seranie, Sonia, Yeny*, Dianita, Tereza, Christine*, Olga , Emile, Elena, Minerva , Josefina
* not pictured
Santiago is the coordinator of his group Cristo La Solucion (Christ is the Solution), and his story is representative of his group and of Esperanza's Haitian and Dominican (many of whom recently emigrated to the DR from Haiti) clients generally. His group is located in La Romana, an area economically dominated by the sugarcane harvest where running water (none of which is potable) and electricity are unreliable. He makes his home here in a simple structure with his wife and three children.

Santiago is excited to be taking his fifth loan with Esperanza after having successfully repaid his previous loan and grown his business. He plans to use this loan to invest in his business selling medication by purchasing more merchandise to sell in his small pharmacy. He will use the profits to cover the basic needs of his family as well as save towards purchasing a vehicle for the pharmacy so that he can make deliveries and retrieve orders. He 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
  • 36.7
    Dominican Republic Pesos (DOP) = $1 USD