Benita


Status: Paying Back

$425.00   Loan Amount
17% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Benita
Location: San Pedro De Macorís, Dominican Republic
Activity: Restaurant

About the Loan

Loan Amount: $425.00
Loan Use: To buy flour, rice, and beans for her restaurant
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 1, 2009
Date Disbursed: Sep 12, 2009
Date Funded:Sep 1, 2009

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:36.0750 DOP = 1 USD



Benita Pinales has successfully completed three group loan cycles and is looking to start her first individual loan cycle as an Esperanza associate. Benita lives in San Pedro de Macoris, an area in the southeast of the Dominican Republic where electricity and running water are unreliable, if available at all. She is looking forward to this loan through Esperanza International in order to invest more into her business.

Benita currently runs a small restaurant called Comedor Kirsy that she hopes to expand by buying more rice, beans, and flour to be able to service more clients. With the increased business, she will finish the living room in her house to provide her family with an improved living area. Through this loan, she will be getting closer to her dream of one day opening a bakery. Benita would like to thank you all for your support.

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Journal entries for Benita


Loan has been disbursed
 
Entrepreneur: Benita
Location: San Pedro De Macorís, Dominican Republic

Thank you for your loan. It has been disbursed to Benita by Esperanza International Dominican Republic, a partner of HOPE International in Dominican Republic. We are excited to watch this business grow. Over the 9 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 San Pedro De Macorís, Dominican Republic
Sep 12, 2009
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Kiva Help Repayment Schedule for Benita

  Expected Repayments Actual Repayments Comments
November 2009 $36.16 $36.16 Repayment Received
December 2009 $37.45 $37.45 Repayment Received
January 2010 $38.77 Available Jan 1  
February 2010 $40.14 Available Feb 1  
March 2010 $41.56 Available Mar 1  
April 2010 $43.03 Available Apr 1  
May 2010 $44.55 Available May 1  
June 2010 $46.13 Available Jun 1  
July 2010 $47.76 Available Jul 1  
August 2010 $49.45 Available Aug 1