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Mujeres Progresando 1, 2, 3 & 4 Group
In this Group: Elizabeth, Ruth, Claudia, Dickcia, Ely, Yuderkys, Marieli, Agripina, Brenda, Marchicede, Matilde, Dania, Ramona, Marcela, Raysa, Viulin, Graciela, Ysabel, Miguelina, Rosalba
Elizabeth is one of the members of the Grupo Mujeres Progresando 1, 2, & 3, made up of 15 micro-business owners. They all work selling clothes, natural products, shoes, food, etc. Elizabeth is very excited to be receiving her 8th loan from Esperanza Internacional, after having paid off her previous loan satisfactorily and taken a step towards business growth. She has had her business selling shoes for around four years. She started the business with her own resources.

Elizabeth is planning to invest her new loan in the purchase of different shoe brands and styles for women, men and kids. She is going to use her earnings to continue to reinvest in her business and provide for her family's needs. With her previous loans, she started increasing her sales and savings.

She is dreaming of having an improved business and of living tranquilly in a safe home with her family. She tells us that her most difficult challenge was to establish her business. She loves to watch television and to be at home with her children. She thanks you all 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
  • 41.2
    Dominican Republic Pesos (DOP) = $1 USD