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Mujeres En Esperanza 1, 2 & 5 Group
In this Group: Raysa, Justa, Yuleidy, Carmen, Maria, Rosa, Ana, Luisa, Elizabeth, Dinorah, Surely, Ingrid, Gilda, Lourdes, Fatima
Raysa is the coordinator of her group, called Mujeres en Esperanza (Hopeful Women) 1, 2, & 5 Group. The group is comprised of 15 members. Each one of them works day-to-day in their business activities in Santo Domingo. This is one of the communities with scant resources located to the north of the city.

Raysa is a young businesswoman who is 24 years old. She is dedicated to selling shoes (footwear, men's casual shoes and women sandals, slippers and shoes), purchased at wholesale and by catalog. She used her first loan from Esperanza to expand her business and now she is receiving her fifth loan, allowing her to increase her sales and access to more clients. She will use her new loan to buy merchandise wholesale.

Raysa's family is comprised of her parents and some of her siblings. Her house is built as a simple structure with a zinc roof and block walls. She is focused on finishing her studies and working to help her parents. She is very thankful 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
  • $8,583,700
    Funds lent in using Kiva
  • 38.9
    Dominican Republic Pesos (DOP) = $1 USD