Madres Unidas 1&2 Group


Status: Paying Back

$1,575.00   Loan Amount
0% repaid

About the Group

(For privacy reasons, the Field Partner has requested that last names be undisclosed)
Group Name: Madres Unidas 1&2 Group
Group Members: Gloria
Ana
Ramona
Bianka
Aracelis
Yris
Polonia
Anairys
Clara
Juana
Location: Los Alcarrizos, Dominican Republic
Activity: Natural Medicines

About the Loan

Loan Amount: $1,575.00
Loan Use: Natural medicines and some clothing.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 1, 2009
Date Disbursed: Oct 23, 2009
Date Funded:Nov 2, 2009

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:36.1000 DOP = 1 USD



Gloria is a 38-year-old borrower who lives near Santo Domingo, Dominican Republic. She is the coordinator for the group Madres Unidas (Mothers United), and her story is representative of the other borrowers in her group.

Specifically, Gloria lives the Los Alcarrizos region of Santo Domingo. This area is one of the most difficult places to live in the entire Dominican Republic. Electricity is scarce, shelter is insufficient, and there is no access to potable water. Despite the difficulties of living in this area, Gloria successfully runs a small natural pharmacy. In addition to this business, she also sells some clothing when sales are not going well in the pharmacy.

This is Gloria’s very first loan with Esperanza International, and with a successful repayment, she hopes it will not be her last. She came to Esperanza so that her business could expand. She hopes that with the extra money, she can not only improve her business, but also save money for herself and her family.




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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Lenders to this group

Anonymous
Berlin,
Germany

Markus Amanto
Vallentuna, Se
Sweden

Bosi
Berlin, KivaFriends.org
Germany

Ronan
Gordon, New South Wales
Australia

Cloudia
Adelaide, SA
Australia

Valeria
Gothenburg,
Sweden

Kalla
Madison, WI
United States

Bernhard

United States

Claus-Peter
www.kivafriends.org,
Germany

Amin
Tehran, Tehran
Iran, Islamic Republic of

John
Chicopee, MA
United States

Kelly
San Francisco, CA
United States

Rebecca
Maple Ridge, British Columbia
Canada

Todd
Washington, DC
United States

Andreas
Lund,
Sweden

Brandon Beacher
Decatur, GA
United States

Marcus
Regensburg,
Germany

Devon
Toluca Lake, CA
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Charlie&Terry
monticello, MN
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Kaitlyn
LAfayette, CA
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Howard
Washington, DC
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Amanda and James
Wakefield, MA
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Gorm
Videbaek,
Denmark

Anonymous
Ottawa, Ontario
Canada

Henry Yang DDS
Berkeley, CA
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Beems
Evanston, IL
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Tannis
Greeley, CO
United States

Steve
Harrow, ON
Canada

Elly
Singapore,
Singapore

Anonymous
Bottighofen,
Switzerland

Jessica
Walla Walla, WA
United States

Steve and Myra
Vernon, CT
United States

Alyssa
somerville, MA
United States

Anders
Katrineholm,
Sweden

Harri
Tampere,
Finland

Erik
Greenwich, CT
United States

Felix
Uster,
Switzerland

Marcia
Lynchburg, VA
United States

Susanne
Niefern-Öschelbronn,
Germany

Madge
Los Angeles, CA
United States

David
Toronto, ON
Canada

paul
Bozeman, MT
United States

The Koppel Family
Reading, MA
United States

Jack
Stanwood, WA
United States

Adam
vancouver, WA
United States

Michael
Arlington, VA
United States

KEVIN
Knaresborough, North Yorkshire
United Kingdom

Laura
ASTORIA, NY
United States

Chloe
San Francisco, CA
United States

Thalia
Denver, CO
United States

Lynnette and Jon
Warrenton, VA
United States

Girish
Mississauga, Ontario
Canada



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Journal entries for Madres Unidas 1&2 Group


Loan has been disbursed
 
Entrepreneur: Madres Unidas 1&2 Group
Location: Los Alcarrizos, Dominican Republic

Thank you for your loan. It has been disbursed to Madres Unidas 1&2 Group, consisting of Gloria, Ana, Ramona, Bianka, Aracelis, Yris, Polonia, Anairys, Clara, Juana 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 Los Alcarrizos, Dominican Republic
Nov 3, 2009
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Kiva Help Repayment Schedule for Madres Unidas 1&2 Group

  Expected Repayments Actual Repayments Comments
January 2010 $238.94 Available Jan 1  
February 2010 $247.90 Available Feb 1  
March 2010 $389.40 Available Mar 1  
April 2010 $271.81 Available Apr 1  
May 2010 $282.00 Available May 1  
June 2010 $144.95 Available Jun 1