Unidos Para Progresar Group 1
Status: Paying Back
| $1,750.00 | Loan Amount |
|---|
About the Group
| Group Name: | Unidos Para Progresar Group 1 |
|---|---|
| Group Members: |
Miguelina De los Santos Monica Luzna Altagracia Mota Colombia Castillo Mecedes De Los Santos De la Cruz |
| Location: | Hato Mayor, Dominican Republic |
| Activity: | Jewelry |
About the Loan
| Loan Amount: | $1,750.00 |
|---|---|
| Loan Use: | To buy bracelets, necklaces and rings |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 1, 2009 |
| Date Disbursed: | Jul 1, 2009 |
| Date Funded: | Jul 19, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Esperanza International Dominican Republic, a partner of HOPE International |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 33 months |
| Kiva Entrepreneurs: | 7025 |
| Total Loans: | $1,615,200 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Dominican Republic |
|---|---|
| Avg Annual Income: | $7,611.00 |
| Currency: | Dominican Republic Pesos (DOP) |
| Exchange Rate: | 35.9000 DOP = 1 USD |
Miguelina has successfully completed five loan cycles and is excited at the possibility of increasing her business even more. With her past loans, Miguelina has been able to keep her children well fed and healthy. Her dream is to one day own her own house and make enough money to send her children to college. With this loan she will be one step closer to achieving her dreams.
Miguelina is the leader of the group Unidos Para Progresar 1 (Progressing Together) which takes out microloans as a group in Hato Mayor, Dominican Republic. On behalf of Miguelina and everyone in the Unidos Para Progresar group, thank you for the opportunities you provide to the people who need them most!
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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Journal entries for Unidos Para Progresar Group 1
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Loan has been disbursed
Location: Hato Mayor, Dominican Republic
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Posted by
from Hato Mayor, Dominican Republic
Jul 20, 2009 |
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Comment on this entry
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Repayment Schedule for Unidos Para Progresar Group 1
Repayment Schedule for Unidos Para Progresar Group 1
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2009 | $290.55 | $290.55 |  Repayment Received
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| October 2009 | $290.99 | $290.99 | Repayment Received
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| November 2009 | $291.45 | $291.45 | Repayment Received
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| December 2009 | $291.89 | $291.89 | Repayment Received
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| January 2010 | $292.33 | Available Jan 1 | |||
| February 2010 | $292.79 | Available Feb 1 | |||
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