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El Sol Sale Para Todos 2 Group
In this Group: Lourdes, Domingo, Charina, Natividad, Candida
Lourdes is the coordinator of her group El Sol Sale Para Todos (The Sun Shines For Everyone) 2 & 3. The members of the group are located in the city of Hato Mayor, a small and rural community. Lourdes lives in a simple structure with her long-term partner and she has seven children. She said her most difficult challenge has been to provide for her children and to educate them. One of her favorite things to do is to work.

Lourdes is excited about her 13th loan with Esperanza. She has had her business for approximately seven years, starting with the first loan she received from Esperanza. She plans to use this loan to invest in her clothing sales by purchasing pants, skirts, shirts, blouses and other pieces. She will use the profits to reinvest in her business. Lourdes thanks all of 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
  • $8,557,075
    Funds lent in using Kiva
  • 38.8
    Dominican Republic Pesos (DOP) = $1 USD