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La Esperanza 2, 3 & 4 Group
In this Group: Rosa, Saintemene, Florinda, Maria, Danula, Violeta, Altagracia, Carmen, Josefa, Amado, Alexander*, Yany, Elena*, Rosa, Regina
* not pictured
Rosa is one of the members of her group, La Esperanza 2, 3 & 4 (Hope). She lives in the city of La Romana, where the sugar cane harvest and tourist industry dominate the economy. Rosa has three children two of whom live together with her and her long-term partner in one of the rural areas surrounding this tourist city. Most of this sugar town (batey)'s population are Haitians who emigrated and settled in to work in the sugar cane industry.

Rosa has been running her business for three years. She sells miscellaneous products like clothes, bread and gasoline. She sells them in her home located on the main road in the town, where many people pass by and buy her products. She started her business with some capital she saved by working in the city.

Her most difficult challenges are to buy her house in the city, and to have an improved business. She wants to be able to send her children to attend university. Thank you 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
  • 37.9
    Dominican Republic Pesos (DOP) = $1 USD