Santa Peralta


Status: Paid Back

$750.00   Loan Request
$750.00   Paid Back

About the Entrepreneur

Name: Santa Peralta
Location: Los Alcarrizos, Dominican Republic
Activity: Goods Distribution

About the Loan

Loan Amount: $750.00
Loan Use: Purchase glass bottles to resell
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 2, 2008
Date Disbursed: Mar 17, 2008
Date Funded:Mar 3, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:33.6925 DOP = 1 USD



Santa is a middle-aged woman who lives with her four children and one grandson in a community on the outskirts of the capital of Santo Domingo. She has struggled for a long time to provide for her children, and ever since she and her husband separated, she has essentially been their sole provider.

Santa currently has a small business where she collects glass soda and beer bottles from restaurants and the streets, and then sells them back to their respective companies. Typically she gets paid a flat rate per pound for her bottles; however, with the help of this loan, two very important things will happen. First, she will be able to begin buying bottles from some of the local colmados (corner stores) at a very low rate so that she can turn a higher profit each week. After a few months of the increased profits, she will have enough money saved so that she can submit her paperwork to obtain a legal ID number in the Dominican Republic. Consequently this will help her further, because recognized and legal Dominican residents get paid a higher rate, per pound, for recycled glass material.

Santa is very grateful to everyone who is helping her to make this loan happen. And on behalf of everyone here at Esperanza International, we too are thankful for your interest and support!

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Journal entries for Santa Peralta


Loan has been disbursed
 
Entrepreneur: Santa Peralta
Location: Los Alcarrizos, Dominican Republic

Thank you for your loan. It has been disbursed to Santa Peralta by Esperanza International in Dominican Republic. We are excited to watch this business grow. Over the next 12 months, Esperanza International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Los Alcarrizos, Dominican Republic
Mar 17, 2008
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Kiva Help Repayment Schedule for Santa Peralta

  Expected Repayments Actual Repayments Comments
June 2008 $62.50 $63.00 Repayment Received
July 2008 $62.50 $63.00 Repayment Received
August 2008 $62.50 $63.00 Repayment Received
September 2008 $62.50 $63.00 Repayment Received
October 2008 $62.50 $63.00 Repayment Received
November 2008 $62.50 $63.00 Repayment Received
December 2008 $62.50 $63.00 Repayment Received
January 2009 $62.50 $59.00 Repayment Received
February 2009 $62.50 $62.50 Repayment Received
March 2009 $62.50 $62.50 Repayment Received
April 2009 $62.50 $62.50 Repayment Received
May 2009 $62.50 $62.50 Repayment Received