Joyas Para Cristo 1 & 2 Group
Status: Paying Back
| $2,575.00 | Loan Amount |
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19% repaid
About the Group
(For privacy reasons, the Field Partner has requested that last names be undisclosed)| Group Name: | Joyas Para Cristo 1 & 2 Group |
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| Group Members: |
Taina Gladis Faustino Maria Lissete Alexandra Niubery Ceferina Esperanza Sonia |
| Location: | Santo Domingo, Dominican Republic |
| Activity: | Home Products Sales |
About the Loan
| Loan Amount: | $2,575.00 |
|---|---|
| Loan Use: | To purchase more supplies for making furniture coverings and Jewelry. |
| Repayment Term: | 11 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 26, 2009 |
| Date Disbursed: | Aug 21, 2009 |
| Date Funded: | Aug 30, 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: | 7009 |
| Total Loans: | $1,612,225 |
| 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: | 36.0000 DOP = 1 USD |
Taina is the group coordinator for the Joyas para Cristo (Jewels for Christ), for a Banco De Esperanza (Bank of Hope) located in the slums of northern Santo Domingo where electricity and water (none of which is potable) is unreliable. She lives in a small house, which she shares with 5 other people.
She supports herself with a small business making and selling silver jewelry and furniture coverings. She is using this loan to further expand her business towards her goal of having her own store dedicated to interior design. She thanks all of you for your support.
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
She supports herself with a small business making and selling silver jewelry and furniture coverings. She is using this loan to further expand her business towards her goal of having her own store dedicated to interior design. She thanks all of you for your support.
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 Joyas Para Cristo 1 & 2 Group
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Loan has been disbursed
Location: Santo Domingo, Dominican Republic
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Posted by
from Santo Domingo, Dominican Republic
Aug 31, 2009 |
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Comment on this entry
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Repayment Schedule for Joyas Para Cristo 1 & 2 Group
Repayment Schedule for Joyas Para Cristo 1 & 2 Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $242.95 | $242.95 |  Repayment Received
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| December 2009 | $252.75 | $252.75 | Repayment Received
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| January 2010 | $262.96 | Available Jan 1 | |||
| February 2010 | $273.58 | Available Feb 1 | |||
| March 2010 | $284.62 | Available Mar 1 | |||
| April 2010 | $296.11 | Available Apr 1 | |||
| May 2010 | $308.07 | Available May 1 | |||
| June 2010 | $320.51 | Available Jun 1 | |||
| July 2010 | $333.45 | Available Jul 1 | |||
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