Las Mujeres Capacitadas Group


Status: Paying Back

$3,600.00   Loan Amount
65% repaid

About the Group

Group Name: Las Mujeres Capacitadas Group
Group Members: Justa Vargas
Maria Carna
Maria Parra
Marcelina Sarniento
Juana Diaz
Bone Isabel
Ysme Liasantos
Luz Lopez
Silverio Molina
Francisca Rodriguez
Anania Hernandez
Angela Vargas
Ana Lopez
Leonor Trejo
Isidro Juma
Location: Puerto Plata, Dominican Republic
Activity: Restaurant

About the Loan

Loan Amount: $3,600.00
Loan Use: To buy ingredients for her food and upgraded cooking equipment
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 7, 2009
Date Disbursed: Jul 7, 2009
Date Funded:Jul 11, 2009

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:35.9920 DOP = 1 USD



Justa Vargas is 37 years old and is the coordinator for the Women of Ability microfinance group in Puerta Barrabas, Dominican Republic. She is a single mother and lives at home with her one child, Yeseña.

Justa owns her house from which she cooks and sells food. Among other recipes, she is particularly proud of her pollo frito (fried chicken) and chichaharon, a popular pork dish in Latin America.

With the two loans she has already received and paid back, Justa has been able to buy more ingredients and has recently purchased a larger stove, leading to higher profits. She has only recently been able to make ends meet and pay her bills, thanks in large part to the loans she has been taking from Esperanza. Over the past year, she has improved her lifestyle with a wage that allows her to think past day-to-day subsistence and plan for her family’s future.

Ultimately, Justa would like to open her own restaurant in Puerta Plata. In the short run, she will improve the business in her own home by purchasing increasing amounts of inventory and upgrading her equipment. Your contribution will give her the means to realize these aspirations. Thanks for your consideration.




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

Luis
AMSTERDAM,
Netherlands

Bob Harris
Los Angeles, CA
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Larissa
Bainbridge Island, Washington
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Elisabeth
London,
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Brittany
Tallahassee, FL
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Sarah
Thousand Oaks, CA
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Alexandra
Los Angeles, CA
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Ryan and Katelynn
Overland Park, KS
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Maija
Helsinki,
Finland

Christian
Seattle, Wa
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Rebecca
Darlington, New South Wales
Australia

David
La Crosse, WI
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Rachel
Bronx, NY
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Andreas
Wurmberg,
Germany

Irene Duda
Machias, NY
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Jenny
South Saint Paul, MN
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Michelle
New York, NY
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Keith
Oakland, CA
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Mor

Carol 97756
Redmond, OR
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David & Martha
Phoenix, AZ
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Robert
Houston, TX
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David and Larry
Durham, NC
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Nigel
London, England
United Kingdom

Roger
ARLINGTON, VA
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Joan
Winchester, MA

Alby
Encinitas, CA
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Susan
Palisades Park, NJ
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Karen
Winnipeg, Manitoba
Canada

richard & rickie kendall
weaverville, nc
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Tego
Corrales, NM
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Jeffery
lansing, MI
United States

Richard
San Diego, CA
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Allan & Gwen
Bethesda, MD
United States

Lennart
Djursholm,
Sweden

Anne
Philomath, OR
United States

Anonymous
san francisco, CA
United States

Erik
Zurich,
Switzerland

Patrick & Fay
TX
United States

Burk
Portland, OR
United States

Sandra
Colorado Springs, CO
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Elizabeth
Silverdale, WA
United States

Terry
Seattle, WA
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Jon
Los Alamos, NM
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Matthew
Bellmore, NY
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Bill
Santa Monica, CA
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Jonelle
Burke, VA
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Greg
bristol, CT
United States

alice
Bronx, NY
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leo
seattle, WA
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Anonymous
Ames, IA
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Chuck & Nancy
San Diego, CA
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harry
castro Valley, CA
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Tonia
Schenectady, NY
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Hans Christian
Charlottenlund,

Thomas
Tallahassee, FL
United States

Nadiah Kristensen
Lyneham, Australian Capital Territory
Australia

Allison
Hamilton, NY
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Randell
Encinitas, CA
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Mike
Annandale, VA
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Anonymous
Philadelphia, PA
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John
atlanta, GA
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Lisa
LaPorte, CO
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The Dhar Group
Boston, MA
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Anonymous
Berkeley, CA
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Sherwood
Miami Beach, FL
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Margaret
Albuquerque, NM
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Sudhakar
Fremont, CA
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Barry and Allegra
Portland, OR
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C & J
Tilburg, Noord-Brabant
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Frank
St. Louis, MO
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christa
Chandler, AZ
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Matthew
Austin, TX
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Diane
Kapaa, HI
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Marianne
Boulder, CO
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Anonymous
FPO, AP

John
Scottsdale, AZ
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Ken
Geneva, IL
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Peter
Seattle, WA
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Luke, Leslie, Carl, Kyle
Santa Cruz, CA
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Anonymous
Aloha, OR
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Susan
Sharon, MA
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Russ
Pacifica, CA
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Adam
Beaverton, OR
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Eirik
Bergen, Hordaland
Norway

Jay
Tucson, AZ
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Raina
San Antonio, TX
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Sverker
Lund, Sweden
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Remco
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Halla
Mill Valley, CA
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Kirk Ireson

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nancy
Washington, DC
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KISS of Hope
sonoma, CA
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Luan & Wendy
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Soren
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Tina
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Michael
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Journal entries for Las Mujeres Capacitadas Group


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

Thank you for your loan. It has been disbursed to Las Mujeres Capacitadas Group, consisting of Justa Vargas, Maria Carna, Maria Parra, Marcelina Sarniento, Juana Diaz, Bone Isabel, Ysme Liasantos, Luz Lopez, Silverio Molina, Francisca Rodriguez, Anania Hernandez, Angela Vargas, Ana Lopez, Leonor Trejo, Isidro Juma 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
Jul 12, 2009
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Kiva Help Repayment Schedule for Las Mujeres Capacitadas Group

  Expected Repayments Actual Repayments Comments
September 2009 $572.85 $572.85 Repayment Received
October 2009 $583.45 $583.45 Repayment Received
November 2009 $594.24 $594.24 Repayment Received
December 2009 $605.23 $605.23 Repayment Received
January 2010 $616.42 Available Jan 1  
February 2010 $627.81 Available Feb 1