Mujeres Emprendedoras Group


Status: Paying Back

$3,125.00   Loan Amount
22% repaid

About the Group

(For privacy reasons, the Field Partner has requested that last names be undisclosed)
Group Name: Mujeres Emprendedoras Group
Group Members: Ignacia
Maria
Evangelista
Eusebia
Leonor
Bonifacia
Vicente
Francisca
Wendy
Lucia
Anastacia
Rafaela
Cristobalina
Isabel
Diomerkis
Location: Puerto Plata, Dominican Republic
Activity: Clothing Sales

About the Loan

Loan Amount: $3,125.00
Loan Use: To purchase more clothing inventory/merchandise.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 2, 2009
Date Disbursed: Sep 16, 2009
Date Funded:Oct 27, 2009

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:35.9353 DOP = 1 USD



Ignacia Trejo is the group coordinator of the group Mujeres Emprendedoras 3 (Entrepreneurial Women). Her story is representative of both the members of her group and Esperanza's Haitian (many of whom recently emigrated to the DR from Haiti) and Dominican clients. She lives in Puerto Plata, on the north coast of the Dominican Republic, is unmarried and does not have children. She lives in a town without clean running water and without a reliable supply of electricity.

To make a living, Ignacia has been selling clothes for about a year now. She would like a loan to purchase more clothes to appeal to more customers. She dreams of one day having a permanent storefront.



This is Ignacia's second loan with Esperanza. She says that Esperanza has made a large impact in her life by giving her the means to expand her business and the ability to better provide for herself.





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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Ilana
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Charles
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Matt
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Paul & Kathy
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Brian
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Benton
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Peter
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bryan
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Jodi
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Helen
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Luke
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Greg C
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Paul
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Journal entries for Mujeres Emprendedoras Group


Loan has been disbursed
 
Entrepreneur: Mujeres Emprendedoras Group
Location: Puerto Plata, Dominican Republic

Thank you for your loan. It has been disbursed to Mujeres Emprendedoras Group, consisting of Ignacia, Maria, Evangelista, Eusebia, Leonor, Bonifacia, Vicente, Francisca , Wendy, Lucia, Anastacia, Rafaela, Cristobalina , Isabel , Diomerkis 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 Puerto Plata, Dominican Republic
Oct 28, 2009
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Kiva Help Repayment Schedule for Mujeres Emprendedoras Group

  Expected Repayments Actual Repayments Comments
December 2009 $717.76 $717.76 Repayment Received
January 2010 $501.01 Available Jan 1  
February 2010 $519.80 Available Feb 1  
March 2010 $539.30 Available Mar 1  
April 2010 $559.54 Available Apr 1  
May 2010 $287.59 Available May 1