Mujeres Habiles Group


Status: Paid Back

$700.00   Loan Request
$700.00   Paid Back

About the Group

Group Name: Mujeres Habiles Group
Group Members: Andrea Cabrera Lendof
Maria Gomez Mezquita
Martha Pichardo Almonte
Ana Placencia Chavez
Bernarda Martinez Gonzalez
Location: Puerto Plata, Dominican Republic
Activity: Cloth & Dressmaking Supplies

About the Loan

Loan Amount: $700.00
Loan Use: Replenish supplies.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 7, 2009
Date Disbursed: Apr 8, 2009
Date Funded:May 10, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:35.8500 DOP = 1 USD



Andrea Cabrera is the coordinator for the group called Mujeres Habiles which in English means "Able Women." Andrea is the owner of a store that sells clothing and other items and is excited to get her first loan from Esperanza. She has two children ages 13 and 19, the youngest is enrolled at a nearby school, and the other is studying medicine at a nearby university.


A dream Andrea has is to continue progressing in her business and life and be able to help people through her business. She would also like to have her own storefront in which to do business. In addition to the storefront, Andrea hopes to be able to afford to finish building the addition on her house that was started a while back. She hopes her children grow up to be professionals.


On behalf of Andrea Cabrera, Mujeres Habiles, and all of us here at Esperanza International, thank you for your interest in these entrepreneurs and effort to fight the global issue of poverty!




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more


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Lenders to this group

Andrea
Buderim, Queensland
Australia

Sue & Chuck
Irvine, CA
United States

Darth S.G.
Eugene, OR
United States

Paula & Richard
Hollis, NH
United States

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Ali
Ruwi, Muscat
Oman

Bob Harris
Los Angeles, CA
United States

Ian
Long Beach, CA
United States

Leopold
St.Peter/Au,
Austria

Dara
Gaithersburg, MD
United States

Frank
Irvine, CA
United States

SYP
Brea, California
United States

Antoine
London, London
United Kingdom

David
Katy, TX
United States

Jane
New York, NY
United States



Top Lending Teams for this group


Cooper Union
Colleges/Universities
19 Members

Zac's friends
Friends
20 Members

Vassar College
Alumni Groups
8 Members

Journal entries for Mujeres Habiles Group


Loan has been disbursed
 
Entrepreneur: Mujeres Habiles Group
Location: Puerto Plata, Dominican Republic

Thank you for your loan. It has been disbursed to Mujeres Habiles Group, consisting of Andrea Cabrera Lendof, Maria Gomez Mezquita, Martha Pichardo Almonte, Ana Placencia Chavez, Bernarda Martinez Gonzalez by Esperanza International, a partner of HOPE International in Dominican Republic. We are excited to watch this business grow. Over the 5 months of this loan, Esperanza International, a partner of HOPE International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Puerto Plata, Dominican Republic
May 11, 2009
Comment on this entry

Kiva Field Update - Message from the Dominican Republic
 
Entrepreneur: Mujeres Habiles Group
Location: Puerto Plata, Dominican Republic

Dear Esperanza lenders,

As you may know, all entrepreneur profiles on Kiva’s website are posted by local Field Partners like Esperanza, whose mission is to “free children and their families from poverty through initiatives that generate income, education, and health, restoring self-worth and dignity to those who have lost hope.” As a Kiva Fellow working with Esperanza International in the Dominican Republic and Haiti, I saw Esperanza’s mission at work most recently while visiting a batey.

For those that are not familiar with the term “batey,” it is a small, barrack-style community built and maintained by large sugar corporations. These communities are often completely surrounded by sugar cane fields, and often they lack basic resources such as clean drinking water, transportation, reliable electricity, and medicine. The majority of a batey’s members work in planting, cutting, and loading sugar cane for eight months of the year. The other four months are a stalemate, during which there are no sugar cane earnings.

In order to ensure continued earnings, one entrepreneur, Cloreta Yan, who lives on a rural batey, used her Kiva loan to open a small store in her house. Her community previously did not have a store where they might buy basic supplies, which meant that community members had to travel to nearby communities to shop. When my fellow Kiva Fellow Kalie Gold and I first visited Cloreta, she offered very basic supplies, such as sugar, oil, and rice. When I conducted a follow-up visit, she was selling over 20 items, including tobacco, ice, drinks, and cookies. She is now earning 600 pesos a week and, according to her loan officer, continues to expand the line of merchandise she sells.

Esperanza has supported 4,251 Kiva entrepreneurs thus far, resulting in approximately $200,000 loaned. Continually working to improve their organization, they have recently opened an office in Trau de Nord, Haiti. Esperanza continues to grow - thanks to Kiva lenders like you!

Staff members at various offices throughout the Dominican Republic visit their entrepreneurs frequently, and many of you will receive an update on an entrepreneur who received a loan contribution from you. Unfortunately, due to logistical and administrative constraints, reaching every entrepreneur for an update is just not possible, even with Esperanza’s dedicated team. Whether or not an update is provided on a specific entrepreneur to whom you made a loan, I hope that you have enjoyed this update on the impact that Esperanza has had with Kiva funds.

Finally, I would like to thank you personally for supporting an entrepreneur in Haiti or the Dominican Republic. It saddens me to realize that this letter marks the end of my time working with Kiva’s Field Partner Esperanza here in the Dominican Republic. For the last three months I have had the pleasure of working with Esperanza, visiting numerous Kiva entrepreneurs, and training staff members in writing business profile updates for Kiva lenders such as yourself.

To see all current fundraising loans from Esperanza on Kiva.org, please click here:

http://www.kiva.org/app.php?page=businesses&partner_id=44&status=Fundraising&sortBy=New+to+Old&_te=mj&_te=mj

To see a short YouTube video on Cloreta Yan, please click here:

http://www.youtube.com/watch?v=8reiqg1pbBo&_te=mj

On behalf of Kiva, Esperanza, and its entrepreneurs, we thank you for your continued support.


Posted by JD Bergeron, Kiva Staff, from San Francisco, United States
Jun 11, 2009
Comments (14)

Kiva Help Repayment Schedule for Mujeres Habiles Group

  Expected Repayments Actual Repayments Comments
July 2009 $174.40 $174.40 Repayment Received
August 2009 $116.49 $116.49 Repayment Received
September 2009 $175.07 $175.07 Repayment Received
October 2009 $116.94 $116.94 Repayment Received
November 2009 $117.10 $117.10 Repayment Received