Mujeres Esforzadas Group


Status: Paid Back

$1,575.00   Loan Request
$1,575.00   Paid Back

About the Group

Group Name: Mujeres Esforzadas Group
Group Members: Dominguez Martin
Noiseli Montilla
Elena Rafael
Rosario Ogando
Tomasa Vazque Mercado
Ambrosia Ogando
Ondina Cueto Rodriguez
Nery Martinez Polan
Yudelka Dominquez
Josefina Alvarez
Location: Puerto Plata, Dominican Republic
Activity: Jewelry

About the Loan

Loan Amount: $1,575.00
Loan Use: To buy a larger selection of watches for resale.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 12, 2008
Date Disbursed: Jul 22, 2008
Date Funded:Jul 8, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:34.0738 DOP = 1 USD



Josefina is a 40- yearold woman who lives with her three children in the Barrio of Ginebra Arzerno on the north coast of the Dominican Republic. She has a small business selling watches, and she hopes that in the future she will be a successful and respected business woman. With this loan she will buy more inventory for her business, and will make some cosmetic improvements to her store as well. When she is not working, she enjoys spending time with her children and watching TV. Esperanza is looking forward to seeing this group of women succeed as they take the first step to improving their economic situation.


Note: This is a group loan. 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.


Thank you 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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Lenders to this group

César-Mario
Los Gatos, CA
United States

Kay
Columbia, MD KivaFriends.org
United States

Frances
Oakton, VA
United States

Ron
Winnipeg, Manitoba
Canada

Georges
Sierre,
Switzerland

Carol
Gibsons, BC
Canada

Lorna & Critters
Kanata, Ontario
Canada

Pedro
Virginia Beach, VA
United States

jim
Lincoln, RI
United States

G. Shawn
Richmond, MO
United States

Eckhard
Hildesheim,
Germany

RedeParede.com
Santa Barbara, CA
United States

Karen
Nashville, TN
United States

Cindy
Bowdon, GA
United States

Vermonter
So. Burlington, VT
United States

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

Alex Curavo
Northwood, OH
United States

Holli
bellevue, WA
United States

Denise
Los Gatos, CA
United States

Val & Derek
Thornton, Colorado
United States

Philip
Eastbourne, East Sussex
United Kingdom

Paul & Aren
Santa Cruz, CA
United States

Drew
Sammamish, WA
United States

Cyndi
New Richmond, WI
United States

William
Washington, DC
United States

Eura
Charlotte, NC
United States

Catherine
La Chapelle-sur-Erdre, France

Kenton
Mountain View, CA
United States

Elizabeth
Somerville, MA
United States

Anonymous
Los Angeles, CA
United States

Ralph
Ft. Thomas, KY
United States

Joanne
Vancouver, British Columbia
Canada

A&U
Houston, TX
United States

Pax
New Orleans, LA
United States

dinah
los angeles, CA
United States

Stella Scott
Malmö,
Sweden

Linda
Ann Arbor, MI
United States

George
Prospect, KY
United States

Karen
Bothell, WA
United States

Mike
Las Vegas, NV
United States

Sarah
Arlington, MA
United States

Clint
Phoenix, AZ
United States

SCHC
Powell River, British Columbia
Canada

Shaun
Midland, TX
United States

chris, julie and heather
Philadelphia, PA
United States

Anonymous
Grass Valley, CA
United States

Jane and John
Wallingford, PA
United States

Paul
Dutton, VA
United States

Anonymous

Anonymous

Anonymous
Chesterfield, Derbyshire
United Kingdom

Sarah
Bellingham, WA
United States



Journal entries for Mujeres Esforzadas Group


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

Thank you for your loan. It has been disbursed to the Mujeres Esforzadas group, consisting of Josefina Alvarez, Yudelka Dominquez, Nery Martinez Polan, Ondina Cueto Rodriguez, Ambrosia Ogando, Tomasa Vazque Mercado, Rosario Ogando, Elena Rafael, Noiseli Montilla, Dominguez Martin by Esperanza International, a partner of HOPE International in Dominican Republic. We are excited to watch this business grow. Over the next 6 months, Esperanza International, a partner of HOPE International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Puerto Plata, Dominican Republic
Jul 23, 2008
Comment on this entry

Loan Progress Update
 
Entrepreneur: Mujeres Esforzadas Group
Location: Puerto Plata, Dominican Republic

Nery Polan and Mujeres Esforzadas have successfully finished their Kiva loan. Nery is the owner of a business selling soap and natural products in her local community. With her loan, she purchased more items to sell in her store. She said that her business improved a lot because of the loan and that she was able to sell more and earn more through the extra merchandise that she bought. Nery is the mother of five, ranging in age from 16 through 27. She would like to thank all Kiva lenders for their help and express that she is grateful.

On behalf of Nery Polan, Mujeres Esforzadas, and Esperanza International, thank you for your contribution!


Posted by Kevin Halloran from Puerto Plata, Dominican Republic
Apr 21, 2009
Comment on this entry

Kiva Help Repayment Schedule for Mujeres Esforzadas Group

  Expected Repayments Actual Repayments Comments
October 2008 $262.50 $263.00 Repayment Received
November 2008 $262.50 $263.00 Repayment Received
December 2008 $262.50 $262.00 Repayment Received
January 2009 $262.50 $262.00 Repayment Received
February 2009 $262.50 $262.50 Repayment Received
March 2009 $262.50 $262.50 Repayment Received