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Mh 6 Group
In this Group: Juana, Arelis, Tomasina, Marie, Patricia
Juana is the coordinator of her group MH 6. She makes her home here in a simple structure with her mother. She says that her most difficult challenge is to keep working because her family still needs her. In her free time, she enjoys attending church. Juana is excited to be taking her fourth loan with Esperanza after having successfully repaid her previous loans and growing her business. She started her business three years ago. She will use this loan to grow her business and stock more cosmetics, beauty products, and underwear. She will use the profits to help her mother and to improve their home.

Juana chose to work with Esperanza due to good loan terms offered. Her story is representative of others in her group and of Esperanza's Haitian and Dominican clients in general. Her group is located in the rural areas surrounding Hato Mayor, an area where the economy is dominated by agriculture. This area, like nearly all impoverished areas of the Dominican Republic, suffers from unreliable running water (none of which is potable) and electricity.

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
  • 37.0
    Dominican Republic Pesos (DOP) = $1 USD