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Grupo 1, 2 & 6 Group
In this Group: Francisca, Tomasa, Yocasta, Lucrecia, Juana, Victoria, Leondrina, Julia, Sonia, Lucrecia, Felicia, Yesica, Viola, Maria, Maria
Francisca belongs to the “Grupo Brisas 1 & 2” (Breezes 1 & 2 Group). The group is comprised of fifteen members with small businesses who sell different products. Francisca’s family is made up of her long-term partner and their three children. They live in a rented home, which is a simple structure built of wood. Her most difficult challenge has been always working to bring in extra income for her family and provide for her children's education. She enjoys to work.

Francisca’s business is a small butcher shop. She sells bacon, pork and salty beef. She will use this new loan to buy several pounds of this meat. She has been working in this business for about four and a half years. This is her 6th loan with Esperanza Internancional. She will use her business profits to help with the needs of her family and her house: she will be able to buy more and better food and save so that in the long-term they will be able to have their own house.

This group is located in an area with scant resources in the city of Santo Domingo. It is to the north of the city.

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
  • 38.3
    Dominican Republic Pesos (DOP) = $1 USD