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Dios Proveera 1, 2 & 3 Group
In this Group: Yovany, Francis, Helena, Yena, Evelyn, Francia, Elena*, Nelly, Oxenmene, Andreina, Milena*, Lucia, Lina, Teresa, Sofia
* not pictured
Yovany is a member of the group called Dios Proveera 1, 2 & 3 ("God Will Provide"). This group is located in the rural areas surrounding La Romana, a city formed by the sugar cane industry (the city's main economic activity) and by luxury tourism with high scale resorts. Yovany is one of many women whose husband or other family member depends on work in the sugarcane industry. They live in a Batey, a rural area where most of the sugar cane workers live.

Yovany is excited to be taking her seventh loan with Esperanza after having successfully repaid her previous loan and expanded her business. She plans to use this loan to invest in her retail business. She will buy clothing, shoes, and cosmetics (like perfume, body lotion, etc.) Profits will be used to reinvest in her business. She wants to make big sales this Christmas and continue saving for her goals of having a permanent place for her business and to buy a home.

She currently makes her home here in a simple structure with her long-term partner and their three children. She thanks 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
  • $8,560,850
    Funds lent in using Kiva
  • 38.3
    Dominican Republic Pesos (DOP) = $1 USD