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Esperanza En Fe 3 Group
In this Group: Maria, Elena, Ramona, Delkis, Ylda
Maria is the coordinator of her loan group, "Esperanza en Fe" (Hope in Faith) 3. Her group is located in the Samana Peninsula, a rugged, lush area with a nascent tourism industry where running water is not potable and electricity is unreliable. She makes her home here in a simple structure with her extended family.

Maria is looking forward to taking her 15th loan from Esperanza. She is excited about the opportunity to expand her business, through several years of taking loans from Esperanza. She sells charcoal and oil. Maria plans to use this loan to buy more merchandise to sell. She will use the profits to make her home more livable and to fulfill the needs of her husband and their three children. She thanks 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
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    Dominican Republic Loans Fundraising
  • $8,557,075
    Funds lent in using Kiva
  • 43.3
    Dominican Republic Pesos (DOP) = $1 USD