Esperanza 2&3 Group
Status: Paying Back
| $2,250.00 | Loan Amount |
|---|
About the Group
(For privacy reasons, the Field Partner has requested that last names be undisclosed)| Group Name: | Esperanza 2&3 Group |
|---|---|
| Group Members: |
Antoinet Gladys Rozana Sophane Lucner Henryel Marcile (not pictured) Rosse (not pictured) Jaqueline Bertha |
| Location: | Santiago, Dominican Republic |
| Activity: | Restaurant |
About the Loan
| Loan Amount: | $2,250.00 |
|---|---|
| Loan Use: | To purchase yuca, potatoes, meat, chicken and salami |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 11, 2009 |
| Date Disbursed: | Aug 25, 2009 |
| Date Funded: | Oct 3, 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: | 35.9000 DOP = 1 USD |
Despite these obstacles, Antoinet remains confident that her future will be better, and she has come to Esperanza to request her first loan. With this loan she plans to purchase yuca, potatoes, beef, chicken, salami and other cooking items to open a comedor (cafeteria). She hopes that this business will provide a regular income for her family. 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 Esperanza 2&3 Group
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Loan has been disbursed
Location: Santiago, Dominican Republic
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Posted by
from Santiago, Dominican Republic
Oct 4, 2009 |
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Comment on this entry
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Repayment Schedule for Esperanza 2&3 Group
Repayment Schedule for Esperanza 2&3 Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $695.49 | $695.49 |  Repayment Received
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| January 2010 | $367.43 | Available Jan 1 | |||
| February 2010 | $577.15 | Available Feb 1 | |||
| March 2010 | $402.87 | Available Mar 1 | |||
| April 2010 | $207.06 | Available Apr 1 | |||
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