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Las Ovejitas 1 Group
In this Group: Jesucita, Ricoberis, Bangelina, Lidia, Arileiki
Jesucita is the coordinator of her group, Las Ovejitas (The little lambs) group 1a. This group is located in the urban slums surrounding Santo Domingo, an area where crime is rampant and where running water (none of which is potable) and electricity are unreliable. Jesucita is the mother of three children and makes her home here in a simple structure with her long-term partner and her three children.

Jesucita is excited to be taking out her tenth loan with Esperanza and by the opportunity to grow her business. She plans to use this loan to invest in her business, a little restaurant called Comedor, where she prepares lunch for people in her community. Jesucita will purchase goods for cooking such as rice, beans, meat, and cooking oil, as well as disposables to serve at lunch. She will use the profits to invest in her business by rebuilding the structure, for a more comfortable a nice look. She 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
  • $8,583,700
    Funds lent in using Kiva
  • 40.4
    Dominican Republic Pesos (DOP) = $1 USD