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Manantial De Vida 1 & 3 Group
In this Group: Alfida, Julia, Segunda, Valentina, Marta, Luisa, Monica, Lidia, Mercedes*, Maria
* not pictured
Alfida is one of the members of the group named Manantial D. vida 1 & 3. They are located in Samana, a city known for its developing tourism and for being a special destination due to eco-tourism with many natural attractions. At the same time, it still has many needs and communities with very few resources and few means of support. Alfida and her group of 9 other members are taking loans for their businesses.

Alfida requires a loan to buy underwear and shoes. She sells them in her house and in other places. She started her business with part of her savings and she has had it for over three years. She will take a step toward improving her business by investing this loan to increase her sales.

Thanks to their loans, Alfida and her group have been able to take a step toward improving their lives, their families’ and their communities’ lives. She thanks you for your help.

One of the members was unable to be in the group picture, but we added her picture into the group, after the rest of the members were photographed.

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
  • 1
    View loans »
    Dominican Republic Loans Fundraising
  • $8,443,950
    Funds lent in using Kiva
  • 37.5
    Dominican Republic Pesos (DOP) = $1 USD