La Reina 3 Group


Status: Paying Back

$1,925.00   Loan Amount
16% repaid

About the Group

(For privacy reasons, the Field Partner has requested that last names be undisclosed)
Group Name: La Reina 3 Group
Group Members: Juana
Josefina
Emilia
Fabiana
Estela
Location: Santo Domingo, Dominican Republic
Activity: Used Clothing

About the Loan

Loan Amount: $1,925.00
Loan Use: More clothing and shoes for selling
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 25, 2009
Date Disbursed: Aug 17, 2009
Date Funded:Aug 25, 2009

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:36.0000 DOP = 1 USD



Juana is the group coordinator of the La Reina (the Queen) which is based in the slums of northern Santo Domingo, where electricity and running water (none of which is potable) is unreliable. She lives here with eight other individuals in a small home which she rents.

Her goal in taking this loan is to continue growing her business selling "ropa de paca" (used clothing which comes in large containers from the United States) as well as shoes. She aims to use her augmented income to support her children as they go through school. Her long term dream is to own her own home, which will save her considerable money over paying rent. She thanks you all 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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Lenders to this group

James
Naples, FL
United States

Anonymous
Albuquerque, NM
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Mary
Alabaster, AL
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Keith and Karen
Pleasanton, CA
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carlos
Seattle, WA
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william
clemmons, NC
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Donald
Newmarket, NH
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Kathleen
Hutchinson, MN
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Anonymous
Livingston, NJ
United States

Daniel
Brisbane, Queensland
Australia

Pacifica Fog & Wine
Pacifica, CA
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JU YONG
SEOUL,
Korea, Republic of

Candess
Mesa, AZ
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Scott and Gretchen
Benicia, CA
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Fred
Santa Barbara, CA
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Lynne
Kirkland, WA
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Robety
Olympia, WA
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Keltia Design, Inc.
Seattle, WA
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Bullwinkle
Irvine, CA
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Shawn
littleton, CO
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AK de Vanderbilt
Kirkland, WA
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Bob & Linda
Wimberley, TX
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Daria
Oakland, CA
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UU Society
Houlton, ME
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Jackie
Wake Forest, NC
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Richard
Regina, Saskatchewan
Canada

Smedley's Class
Ferndale, WA
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Bea & Gene
Madison, WI
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Sarah
Somerville, MA
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lorena
st. john's, Newfoundland
Canada

Dan & Lauren
San Diego, CA
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bella
Kihei, HI
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Jeanne
Covina (Los Angeles area), California
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Anonymous
La Farge, WI
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Jeff
Slippery Rock, PA
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Paul & Gittan
Gold Coast, Queensland
Australia

Ronald
Hartsville, SC
United States

Bridget
Austin, TX
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Chuck
Neosho, MO
United States

Brenda
Victoria, British Columbia
Canada

Doreen & Sunil
Troy, MI
United States

LeeZu Baxter/Suzi Phlox
Hamburg, Las Palmas
Spain

Frank
Carrollton, TX
United States

Michael
Floral Park, N.Y.
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Nancy
Bisbee, AZ
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Alison
Poway, CA
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Bob & Charis
Atlanta, GA
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Denis and Linda
Hopkinton, MA
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Anonymous
Buffalo Grove, IL
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Anonymous
Ayrshire
United Kingdom

Carol
Miami, FL
United States

Doron and Cathy
Ilderton, Ontario
Canada

Erica
Gainesville, FL
United States

Ben
Perth, Western Australia
Australia

Maria
Chapel Hill, NC
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Genene
Queensland
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Marcus
Bendigo, Victoria
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Joyce
Lindstrom, MN
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Anonymous
Beaverton, OR
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Journal entries for La Reina 3 Group


Loan has been disbursed
 
Entrepreneur: La Reina 3 Group
Location: Santo Domingo, Dominican Republic

Thank you for your loan. It has been disbursed to La Reina 3 Group, consisting of Juana, Josefina, Emilia , Fabiana, Estela by Esperanza International Dominican Republic, a partner of HOPE International in Dominican Republic. We are excited to watch this business grow. Over the 10 months of this loan, Esperanza International Dominican Republic, a partner of HOPE International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Santo Domingo, Dominican Republic
Aug 26, 2009
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Kiva Help Repayment Schedule for La Reina 3 Group

  Expected Repayments Actual Repayments Comments
November 2009 $160.34 $160.34 Repayment Received
December 2009 $166.74 $166.74 Repayment Received
January 2010 $173.42 Available Jan 1  
February 2010 $180.36 Available Feb 1  
March 2010 $187.57 Available Mar 1  
April 2010 $195.07 Available Apr 1  
May 2010 $202.87 Available May 1  
June 2010 $210.99 Available Jun 1  
July 2010 $219.43 Available Jul 1  
August 2010 $228.21 Available Aug 1