Maria Artiles Alvarez

Status: Paid Back

$150.00		Loan Request
$150.00		Paid Back

About the Entrepreneur

Name:	Maria Artiles Alvarez
Location:	Puerto Plata, Dominican Republic
Activity:	Grocery Store

About the Loan

Loan Amount:	$150.00
Loan Use:	Purchase refrigerated goods
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 7, 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)

Maria Alvarez lives with Manuel Hidalgo in the community of Munoz and runs a small grocery store that she calls Cafateria Artile. This $150 loan will go to purchase refrigerated goods such as meat, dairy products and beverages. She has already paid off a previous loan with Esperanza and has gone through business training courses to help her develop her microenterprise.

Maria is a member of an Esperanza Bank of Hope in Puerto Plata on the north coast of the Dominican Republic. Though living in an impoverished community, Maria’s group of women forms a strong bond to hold one another accountable to repay their loan and develop their business while offering social support.

Lenders to this entrepreneur

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Grand Prairie, TX
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Anonymous
Rocklin, CA
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Frank
Winston Salem, North Carolina,
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Lily's Nana
Baker City, OR
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Journal entries for Maria Artiles Alvarez

Loan has been disbursed Entrepreneur: Maria Artiles Alvarez Location: Puerto Plata, Dominican Republic Thank you for your loan. It has been disbursed to Maria Artiles Alvarez 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 7, 2007
Comment on this entry

Thank you! Entrepreneur: Maria Artiles Alvarez Location: Puerto Plata, Dominican Republic Esperanza is excited to inform you that Maria has successfully completed the last payment of her loan! She has had amazing success with her business, and an impeccable track record over the course of her loan with Esperanza. She is continually improving her sales techniques, and says she hopes to grow steadily and continue to offer a variety of items to the her customers. Maria has been able to expand her client base significantly due to and increased selection and more exposure on the roadside. She uses her profits to improve her home and to invest in her business. On behalf of Esperanza, thank you for your continued support and generosity! Jennifer Hovee
Posted by Jennifer Hovee from Puerto Plata, Dominican Republic Feb 5, 2008
Comment on this entry

Repayment Schedule for Maria Artiles Alvarez

Show Advanced

	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