Rosas 1 Group
Status: Paying Back
| $1,625.00 | Loan Amount |
|---|
About the Group
(For privacy reasons, the Field Partner has requested that last names be undisclosed)| Group Name: | Rosas 1 Group |
|---|---|
| Group Members: |
Ramona Janet Odena Idalia Celeni |
| Location: | Los Alcarrizos, Dominican Republic |
| Activity: | Shoe Sales |
About the Loan
| Loan Amount: | $1,625.00 |
|---|---|
| Loan Use: | To purchase large quantities of shoes at a better price |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 2, 2009 |
| Date Disbursed: | Aug 28, 2009 |
| Date Funded: | Sep 15, 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: | 7025 |
| Total Loans: | $1,615,200 |
| 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 |
With this loan, Ramona intends to continue expanding her business of selling shoes door to door to various customers in her neighborhood. She has over two years' experience in this business and will use her loan to purchase large quantities of merchandise at better prices. With the profits her business provides, Ramona intends to invest in school supplies for her children and continue investing in her business. Her long-term dream is that her children grow up to be important members of her community. 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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Journal entries for Rosas 1 Group
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Loan has been disbursed
Location: Los Alcarrizos, Dominican Republic
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Posted by
from Los Alcarrizos, Dominican Republic
Sep 16, 2009 |
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Comment on this entry
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Repayment Schedule for Rosas 1 Group
Repayment Schedule for Rosas 1 Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $246.52 | $246.52 |  Repayment Received
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| December 2009 | $255.78 | $221.16 | |||
| January 2010 | $265.36 | Available Jan 1 | |||
| February 2010 | $275.33 | Available Feb 1 | |||
| March 2010 | $432.46 | Available Mar 1 | |||
| April 2010 | $149.55 | Available Apr 1 | |||
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