Mujeres En Accion 1 Y 2 Group
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About the Group
(For privacy reasons, the Field Partner has requested that last names be undisclosed)| Group Name: | Mujeres En Accion 1 Y 2 Group |
|---|---|
| Group Members: |
Maria Geraldina Mercedes Maritza Maria Custodio Loides Isabel Martina Maria |
| Location: | Santo Domingo, Dominican Republic |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $2,150.00 |
|---|---|
| Loan Use: | Men´s and women´s shirts, belts, pants |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 1, 2009 |
| Date Disbursed: | Oct 28, 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: | 7025 |
| Total Loans: | $1,615,200 |
| 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: | 36.1000 DOP = 1 USD |
Maria owns a business where she sells clothes to neighbors, friends, family, and anyone else who happens to come by. With this loan she will buy a dozen each of men's polo shirts, women's blouses, belts, and pants. She would like to make enough money to keep reinvesting in her business, and with the rest she wants to buy a radio for her children.
In the future Maria dreams of having two other employees and owning a small bus which would allow her to be able to go out and sell her clothing in more rural areas. She strongly believes that with Esperanza International she will progress and rise up above her poverty. Maria thanks you all for being part of this dream!
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 Mujeres En Accion 1 Y 2 Group
Repayment Schedule for Mujeres En Accion 1 Y 2 Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $326.17 | Available Jan 1 | |||
| February 2010 | $338.41 | Available Feb 1 | |||
| March 2010 | $351.10 | Available Mar 1 | |||
| April 2010 | $364.27 | Available Apr 1 | |||
| May 2010 | $572.19 | Available May 1 | |||
| June 2010 | $197.86 | Available Jun 1 | |||
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