Dios Es Mi Salvador Group


Status: Paying Back

$2,775.00   Loan Amount
22% repaid

About the Group

(For privacy reasons, the Field Partner has requested that last names be undisclosed)
Group Name: Dios Es Mi Salvador Group
Group Members: Bellaniris
Luisa
Martha
Ofelia
Mairoby
Maria
Rosa
Damaris
Yeta (not pictured)
Sorayda
Location: Santo Domingo, Dominican Republic
Activity: Cafe

About the Loan

Loan Amount: $2,775.00
Loan Use: Sugar, cups, bags, napkins, blender, butter, etc.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 21, 2009
Date Disbursed: Sep 18, 2009
Date Funded:Sep 28, 2009

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:36.0500 DOP = 1 USD



Bellaniris is the group coordinator of 'Dios es mi Salvador', a Bank of Hope located in Santo Domingo, the capital of the Dominican Republic, where running water and electricity are unreliable. She lives in a cement block house with four of her five children, all of whom are currently attending public schools, and her husband. She is currently looking to start her second loan which will help her run her business.

Bellaniris runs a small restaurant in a building that she already owns, right next door to her house. She will be using this loan to buy cups, passion fruit, gum, a blender, butter, cheese, bags, cookies, ham, and more, allowing the selection she offers to her clients to grow. With these items, she believes that the community will be more interested in visiting her restaurant, providing her with more income to achieve her dream of seeing all of her children graduate from college. She has very much enjoyed working with Esperanza International so far and appreciates 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 Dios Es Mi Salvador Group


Loan has been disbursed
 
Entrepreneur: Dios Es Mi Salvador Group
Location: Santo Domingo, Dominican Republic

Thank you for your loan. It has been disbursed to Dios Es Mi Salvador Group, consisting of Bellaniris, Luisa, Martha, Ofelia, Mairoby, Maria, Rosa, Damaris, Yeta, Sorayda by Esperanza International Dominican Republic, a partner of HOPE International in Dominican Republic. We are excited to watch this business grow. Over the 5 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
Sep 29, 2009
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Kiva Help Repayment Schedule for Dios Es Mi Salvador Group

  Expected Repayments Actual Repayments Comments
December 2009 $637.37 $637.37 Repayment Received
January 2010 $444.90 Available Jan 1  
February 2010 $461.58 Available Feb 1  
March 2010 $478.90 Available Mar 1  
April 2010 $496.87 Available Apr 1  
May 2010 $255.38 Available May 1