Respekte Lavi De Trou Du Nord Group


Status: Paying Back

$2,225.00   Loan Amount
0% repaid

About the Group

Group Name: Respekte Lavi De Trou Du Nord Group
Group Members: Sony Admirable
Aglene Pierre
Suzenie Mondesir
Carline Ozana
Gerard Saintvil
Sineus Appolon
Suzette Desamour
Herita Mondestin
Elizabeth Vilbrun
Michelaine St. Jean (not pictured)
Location: Trou-du-nord, Haiti
Activity: Paper Sales

About the Loan

Loan Amount: $2,225.00
Loan Use: To buy blocks of paper for business use
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 1, 2009
Date Disbursed: Oct 13, 2009
Date Funded:Nov 1, 2009

About the Country

Country:Haiti
Avg Annual Income:$1,600.00
Currency:Haiti Gourdes (HTG)
Exchange Rate:40.2500 HTG = 1 USD



The “Respekte Lavi” or “Respect Life” of the Trou du Nord Group is a made of ten male and female entrepreneurs. After successfully repaying their 1st loan, they are looking forward to continued success and growth in their businesses with their 2nd loan. Though small, the group has a wide range of businesses. Sony Admirable is president of the group. He is a young man of 24 years with no children

Sony buys blocks of special paper in the Dominican Republic to resell in various communities. The paper is often used to make receipts and wrap foods in the market. He is thankful for the first loan because he was able to create a profit and help his family with the increased earnings. He hopes to be able to save enough to open a boutique from which to sell the paper as well as other necessities for businesses in the area. His prayers are that the individuals in his group may continue to learn from each other, to help everyone grow, and that Esperanza may become stronger and more beneficial to the community. On behalf of Sony, Respekte Lavi, and Esperanza we thank you 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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Kay
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Jouko
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Laurent D
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Edith
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Marius
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Mark & Kara
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Willem Brocker
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Mike
toronto, Ontario
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Justin
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Jeff
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Tomcat
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New York Sean
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Mark
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Anonymous
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Mark
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melliecarma
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Jackie

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Zaid

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Laurie
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Travis
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Allison
Orange Park, FL
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hanil
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Colin & Mary
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Trish and Doug
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Mark
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Maria
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Paul
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TPC
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Evan
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Todd
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Jan
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Roger
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Joseph
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Kevin
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Kathleen
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Kari & Kamal
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Janice
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J & S
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Charles Junior Jean
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Dominik
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Stefan
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Eik & Thom
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Mark
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Tracy
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Anonymous
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Bosi
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Hank
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Talula
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Marie
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Anonymous
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Tiago
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Chris & Les
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Joseph
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Tom
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Journal entries for Respekte Lavi De Trou Du Nord Group


Loan has been disbursed
 
Entrepreneur: Respekte Lavi De Trou Du Nord Group
Location: Trou-du-nord, Haiti

Thank you for your loan. It has been disbursed to Respekte Lavi De Trou Du Nord Group, consisting of Sony Admirable, Aglene Pierre, Suzenie Mondesir, Carline Ozana, Gerard Saintvil, Sineus Appolon, Suzette Desamour, Herita Mondestin, Elizabeth Vilbrun, Michelaine St. Jean by Esperanza International Dominican Republic, a partner of HOPE International in Haiti. 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 Trou-du-nord, Haiti
Nov 2, 2009
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Kiva Help Repayment Schedule for Respekte Lavi De Trou Du Nord Group

  Expected Repayments Actual Repayments Comments
January 2010 $492.93 Available Jan 1  
February 2010 $350.65 Available Feb 1  
March 2010 $369.38 Available Mar 1  
April 2010 $389.09 Available Apr 1  
May 2010 $622.95 Available May 1