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La Fuerza, Group 3
In this Group: Lujida, Yocasta, Dominga, Susana, Tomasina
Lujida is a 44-year-old woman who lives with her daughter and two grandchildren in a poverty-stricken community called Los Guaricanos, on the outskirts of the national capital. She has made a small business for herself of selling shoes and clothing from her house, and occasionally along the streets in her community. She is asking for this loan to expand her inventory—specifically she would like to buy a bigger quantity of clothes, as well as a wider variety. With a better variety she can begin to attract new customers, and consequently increase her income.

Her goal is to first grow and expand her business to a new and more profitable level. After that she says she will use her extra income to help give her grandchildren a better and more comfortable life than she has had; she wants to help them grow into smart and good adults.

Lujida says she knows that with God’s help, and this loan, her business will surely grow much stronger. She is very thankful to all of you out there who are helping her by supporting her in this loan!

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
  • $8,557,075
    Funds lent in using Kiva
  • 33.7
    Dominican Republic Pesos (DOP) = $1 USD