Sara Mendoza Martinez

Status: Paid Back

$150.00		Loan Request
$150.00		Paid Back

About the Entrepreneur

Name:	Sara Mendoza Martinez
Location:	Puerto Plata, Dominican Republic
Activity:	General Store

About the Loan

Loan Amount:	$150.00
Loan Use:	Purchase grocery items such as rice, beverages, and other basic household supplies
Repayment Term:	9 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Jun 22, 2007
Date Disbursed:	Jul 6, 2007
Date Funded:	Jun 22, 2007
Loan Ended:	Jan 6, 2008

About the Field Partner

Field Partner:

Esperanza International Dominican Republic, a partner of HOPE International

Field Partner Risk Rating:

(Learn more)

Active

33 months

7009

$1,612,225

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Dominican Republic
Avg Annual Income:	$7,611.00
Currency:	United States Dollars (USD)

Sara Mendoza Martinez is a single mother raising her three children, Antonio Medoza, age 17, Mariella, age 15, and Jonatan, age 4. Sara sells household supplies and groceries from her own general store in her community of Munoz, located near the north coast of the Dominican Republic. This loan of $150 will be used to purchase grocery items such as rice, beverages, and other basic supplies.

Sara has owned her home-based store, Colmado Sara, for more than two years now and has gone through Esperanza's business training courses with other microentrepreneurs in her community. She is optimistic that the business, as her sole source of income, will continue to be a blessing to her family.

Lenders to this entrepreneur

Daniel
Rowayton, Ct
United States

Journal entries for Sara Mendoza Martinez

Loan has been disbursed Entrepreneur: Sara Mendoza Martinez Location: Puerto Plata, Dominican Republic Thank you for your loan. It has been disbursed to Sara Mendoza Martinez by Esperanza International in Dominican Republic. We are excited to watch this business grow. Over the next 6 - 12 months, Esperanza International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Puerto Plata, Dominican Republic Jul 6, 2007
Comment on this entry

Thank you! Entrepreneur: Sara Mendoza Martinez Location: Puerto Plata, Dominican Republic Sara has successfully made the last repayment on her loan, and Esperanza would like to join her in thanking you for your support. Sara would like you to know that her entrepreneurial efforts have been extremely successful, and she is continuing to expand her business. She is excited about adding new items to her inventory, and has recognized the need for it in her community. This was her first loan, and she wants to continue expanding her business in order to support her and her children. It’s so exciting to see how motivated and passionate Sara is, and to see her continually meet her goals! On behalf of Esperanza, thank you for your generosity, and keep your eyes out for Sara in the future! Jennifer Hovee
Posted by Jennifer Hovee from Puerto Plata, Dominican Republic Feb 5, 2008
Comment on this entry

Repayment Schedule for Sara Mendoza Martinez

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	Expected Repayments	Actual Repayments	Comments
October 2007	$25.00	$25.00	Repayment Received
November 2007	$25.00	$25.00	Repayment Received
December 2007	$25.00	$25.00	Repayment Received
January 2008	$25.00	$25.00	Repayment Received
February 2008	$25.00	$25.00	Repayment Received
March 2008	$25.00	$25.00	Repayment Received