Genisis Group


Status: Paid Back

$1,550.00   Loan Request
$1,550.00   Paid Back

About the Group

Group Name: Genisis Group
Group Members: Josefa Casilla
Ana Villaman
Dinora Fernandez
Wendy Pena
Irene Gomez
Ramon Bernard
Amelia Medina Diaz
Eva Cuello
Percida Ramirez
Celsa Polanco Diaz
Location: Puerto Plata, Dominican Republic
Activity: Food Production/Sales

About the Loan

Loan Amount: $1,550.00
Loan Use: To buy more rice and vegetables for her restaurant.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 5, 2008
Date Disbursed: Jun 20, 2008
Date Funded:Jun 6, 2008
Loan Ended:Jan 15, 2009

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:33.8035 DOP = 1 USD



Celsa is a 48 year-old woman who lives with her three children in Luperon, Dominican Republic. When we arrived in Luperon she was behind her house killing chicken to supply the meat for her small restaurant that she runs. Celsa is famous for her Dominican soup, which has big chunks of fresh vegetables, chicken, and spices. She wants to use her loan to buy more food for her “comedor” including rice, live chicken, and vegetables. When Celsa isn’t working or caring for her children, she enjoys going to church and helping out in the community. She hopes that in the future she will have a bigger and nicer restaurant, and that she will be able to help the orphans in Luperon by making them lunch every day.


Thank you to all of the Kiva lenders who will help these entrepreneurs realize a better future!



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

Inge
NO-1338 SANDVIKA, .
Norway

Jack
Ashland City, TN
United States

William
Hoodsport, WA
United States

Kristin (& Joe) Walker
Sheridan, AR
United States

Anonymous
Madison, WI
United States

Martha
Santa Barbara, CA
United States

Tristan
Wallingford, PA
United States

Anonymous
Philadelphia, PA
United States

Ed and Margo
Palm Harbor, FL
United States

Michael
Kaarst,
Germany

steven
proctorsville, VT
United States

Ed
Monster, Zuid-Holland
Netherlands

Good Dogg
Front Porch, www.kivafriends.org
United States

Anonymous
Missoula, MT
United States

Anonymous
Santa Clara, CA
United States

A & B
Dunwoody, GA
United States

Chris Major
Fort Lauderdale, FL
United States

Carol
Gibsons, BC
Canada

D. Gail
Prince George, BC
Canada

Paddy
Ulverston, Cumbria - England
United Kingdom

Stephan
Mölndal,
Sweden

Paul
BRISTOL, Avon
United Kingdom

AcusticThoughts
Tonawanda, NY
United States

Tom & Ann
Lichtaart (Kasterlee), Antwerp
Belgium

DO IT Foundation
Judendorf-Strassengel,
Austria

Sanjay
Welwyn Garden City, Hertfordshire
United Kingdom

Jean-Claude
Versailles,
France

Anonymous
McLean, VA
United States

Chi
San Jose, CA
United States

Desi
Deventer,
Netherlands

David
Noordwijk, Zuid-Holland
Netherlands

denis
Dorval, Qc
Canada

Killis
San Antonio, TX
United States



Journal entries for Genisis Group


Loan has been disbursed
 
Entrepreneur: Genisis Group
Location: Puerto Plata, Dominican Republic

Thank you for your loan. It has been disbursed to the Genisis group, consisting of Celsa Polanco Diaz, Percida Ramirez, Eva Cuello, Amelia Medina Diaz, Ramon Bernard, Irene Gomez, Wendy Pena, Dinora Fernandez, Ana Villaman, Josefa Casilla by Esperanza International in Dominican Republic. We are excited to watch this business grow. Over the next 6 months, Esperanza International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Puerto Plata, Dominican Republic
Jun 20, 2008
Comments (1)

Kiva Help Repayment Schedule for Genisis Group

  Expected Repayments Actual Repayments Comments
September 2008 $258.33 $259.00 Repayment Received
October 2008 $258.33 $259.00 Repayment Received
November 2008 $258.33 $259.00 Repayment Received
December 2008 $258.33 $259.00 Repayment Received
January 2009 $258.33 $255.67 Repayment Received
February 2009 $258.35 $258.33 Repayment Received