A loan of $3,625 helped a member to buy underwear, skirts, pants, personal products, shoes, etc.

David 3, 4 & 5 Group's story

Santiago is the coordinator of his group David 3, 4 & 5 (David). He makes his home here in a simple structure with his long-term partner. He says that his most difficult challenge is to have his residence in the Dominican Republic, He is from Haiti and he wants to have more than a visa. In the meantime, he plans to continue to enjoy eating and working.

Santiago is excited to be taking his third loan with Kiva partner, Esperanza, after having successfully repaid his previous loan and grown his business. He has a mobile/walking business making miscellaneous sales. He has had this business for four years, starting with a loan he got from a lender in his community. Santiago plans to use this new loan to invest in his business by buying underwear, pants, shirts, skirts and personal use products. He will use the profits to invest in his business and save as he is planning to buy some land where he can build a house.

This Esperanza associate began with us because he liked the facilities and the rate, which was lower than others. His story is representative of his group and of Esperanza's Haitian and Dominican clients generally (many of whom recently emigrated to the Dominican Republic from Haiti). His group is located in the rural areas surrounding La Romana, an area where the economy is dominated by sugar cane and upscale tourism. This area, like nearly all impoverished areas of the Dominican Republic, suffers from unreliable running water (none of which is potable) and electricity.

In this group: Santiago, Yolanda, Siliana, Altagracia, Adalgisa, Yneresa, Fuisnel, Charlot, Secilia, Eufemia*, Dania, Arileyda, Rosa, Nelta, Andremena
*not pictured

Loan details

Lenders and lending teams

Loan details