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Mujeres Al Triunfo 3 Group
In this Group: Constancia, Barbaro, Celestina, Maria, Cristina
Constancia is the coordinator of her group, Mujeres al triunfo 3 (Women to victory). She makes her home here in a simple structure with her four children. She is a widow. She says that her biggest challenge was to raise her children after her husband died. She had to take care of everything, house, family and income. This is her 4th loan with Esperanza.

Constancia has had her business for almost five years. Using some savings and taking loans from other places. She started selling some grocery products from a small stall in her house. Now she has a colmado, a grocery store located in the neighborhood, where more of the neighbors buy their daily meals. Constancia will invest in her business by purchasing rice, beans, sugar, canned food, flour, and other goods. She will use the profits to save and reinvest in her business.

Her group is located in the urban slums surrounding Santo Domingo and is composed of 5 people.

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
  • 38.5
    Dominican Republic Pesos (DOP) = $1 USD