La Buena Fe , 2 & 3 Group
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About the Group
(For privacy reasons, the Field Partner has requested that last names be undisclosed)| Group Name: | La Buena Fe , 2 & 3 Group |
|---|---|
| Group Members: |
Yusleny Anita Ana Antoinette Luciana (not pictured) Dolia Yamery Miguelina Rosa Lidia Victor Guillermina Elizabeth Elizabeth Juliana (not pictured) |
| Location: | La Romana, Dominican Republic |
| Activity: | Jewelry |
About the Loan
| Loan Amount: | $3,600.00 |
|---|---|
| Loan Use: | To buy supplies of beauty products, shoes and jewelry |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 1, 2009 |
| Date Disbursed: | Sep 25, 2009 |
About the Field Partner
About the Field Partner
|
|
| 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 |
Yusleny is the coordinator of her group, La Buena Fe (The good faith). Her story is representative of both her group members and Esperanza's Haitian and Dominican Republic clients more generally. Her group is based in the areas surrounding La Romana, a city where the economy is based around the sugarcane harvest and where running water (none of which is potable) and electricity are unreliable at best. Here she makes her home with her husband and child.
Yusleny is excited about requesting her third loan with Esperanza, after having successfully repaid her first two loans without incident. She plans to buy supplies of shoes, Avon beauty products (which are popular with her clients) and inexpensive jewelry. She plans to invest the profits from this activity in putting a new roof on her home. 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
Yusleny is excited about requesting her third loan with Esperanza, after having successfully repaid her first two loans without incident. She plans to buy supplies of shoes, Avon beauty products (which are popular with her clients) and inexpensive jewelry. She plans to invest the profits from this activity in putting a new roof on her home. 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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Repayment Schedule for La Buena Fe , 2 & 3 Group
Repayment Schedule for La Buena Fe , 2 & 3 Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $1,112.78 | Available Jan 1 | |||
| February 2010 | $587.89 | Available Feb 1 | |||
| March 2010 | $923.44 | Available Mar 1 | |||
| April 2010 | $644.59 | Available Apr 1 | |||
| May 2010 | $331.30 | Available May 1 | |||
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