Alexis Luvinkis

Status: Paid Back

$700.00		Loan Request
$700.00		Paid Back

About the Entrepreneur

Name:	Alexis Luvinkis
Location:	Puerto Plata, Dominican Republic
Activity:	Clothing Sales

About the Loan

Loan Amount:	$700.00
Loan Use:	Expand inventory of pants to begin
Repayment Term:	8 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Jul 13, 2007
Date Disbursed:	Jul 28, 2007
Date Funded:	Jul 14, 2007
Loan Ended:	Jan 18, 2008

About the Field Partner

Field Partner:

Esperanza International Dominican Republic, a partner of HOPE International

Field Partner Risk Rating:

(Learn more)

Active

33 months

7009

$1,612,225

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Dominican Republic
Avg Annual Income:	$7,611.00
Currency:	United States Dollars (USD)

Alexis Luvinkis, originally from Haiti, is a single man who lives in a rented home without electricity or running water. With this initial loan, he will establish a clothing store by investing in a varied selection of essential clothing to sell to his community of La Union, in the northern province of Puerto Plata in the Dominican Republic

Note: Alexis is one of five microentrepreneurs in his Bank of Hope solidarity group, all of whom have gone through Esperanza's business training courses. Each of the five members will receive a share of this $700 loan for their respective businesses and will be accountable to each other for repaying their share of this loan together. This group-lending methodology ensures that members cooperate to help one another repay their loans and invest wisely in their businesses and families.

Lenders to this entrepreneur

Thomas
Hünenberg See, ZG
Switzerland

OnLiveIT
Dabas, Pest megye
Hungary

JohnRigdon
North Augusta, SC
United States

Anne-Marie
Washington, DC
United States

Ulrike & Family
Omaha, NE
United States

Todd, Dad & Alan
Delray Beach, FL
United States

Jonathan
Vancouver, BC
Canada

teresa and rick
Annandale, VA
United States

Jen and Max
SLC, UT
United States

Wright Family
Helena, MT
United States

David & Sonja
Silverton, OR
United States

scott
knoxville, TN
United States

William
illkirch,
France

Journal entries for Alexis Luvinkis

Loan has been disbursed Entrepreneur: Alexis Luvinkis Location: Puerto Plata, Dominican Republic Thank you for your loan. It has been disbursed to Alexis Luvinkis by Esperanza International in Dominican Republic. We are excited to watch this business grow. Over the next 6 - 12 months, Esperanza International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by Jennifer Hovee from Puerto Plata, Dominican Republic Jul 18, 2007
Comments (3)

Thank you! Entrepreneur: Alexis Luvinkis Location: Puerto Plata, Dominican Republic Esperanza would like to inform you that Alexis has just paid back the last installment of his loan! This was the first loan he has received through Esperanza, and we are so thrilled that he experienced such great personal success. Over the past 6 months he has been able to start a small clothing business out of his home. He found that he could sell more volume by walking through the streets of his community with a small selection of his merchandise. He hopes to save enough money to make more improvements around his business, and eventually his home. Alexis wants to thank you for supporting and believing in him, and he plans on taking out another loan in the near future. On behalf of Esperanza, thank you for your continued generosity! Jennifer Hovee
Posted by Jennifer Hovee from Puerto Plata, Dominican Republic Feb 7, 2008
Comments (1)

Repayment Schedule for Alexis Luvinkis

Show Advanced

	Expected Repayments	Actual Repayments	Comments
October 2007	$116.67	$117.00	Repayment Received
November 2007	$116.67	$117.00	Repayment Received
December 2007	$116.67	$117.00	Repayment Received
January 2008	$116.67	$117.00	Repayment Received
February 2008	$116.67	$117.00	Repayment Received
March 2008	$116.65	$115.00	Repayment Received