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Juan's Group
In this Group: Juan, Venicia, Iniose, Edith, Licie, Rose, Guilene, Therese, Yolanda, Chedeline, Mimina, Antoinise, Cleanta, Admirable, Michaele
Juan is the leader of this amazing group of entrepreneurs, and they are now applying for their second loan with Esperanza. Juan is 24 years old and lives with his wife, Rosa, and their newborn baby girl. He has owned a small grocery store in his community for about three years but has been able to improve and expand his business significantly since his first loan. Juan wants to work hard to provide a better future for his new daughter. On weekends he likes to take his family to the beach or just spend quiet time in their house.

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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
  • 34.0
    Dominican Republic Pesos (DOP) = $1 USD