Estrellas Brillante (brilliant Stars) Group


Status: Paid Back

$4,000.00   Loan Request
$4,000.00   Paid Back

About the Group

Group Name: Estrellas Brillante (brilliant Stars) Group
Group Members: Yrtania Aquino
Ana Mejia
Ynorinda Nieves
Maria De Los Santos Me
Palmenia Medina Diaz
Erminia Peguero
Elercida Mercedes
Pretronila Candelario
Milagros Del Rosario Doro
Ysabel Jimenez Santana
Location: El Seybo, Dominican Republic
Activity: Clothing Sales

About the Loan

Loan Amount: $4,000.00
Loan Use: To help grow her clothing business and support her three children.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 11, 2008
Date Disbursed: Jul 10, 2008
Date Funded:Jun 26, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:United States Dollars (USD)



Ysabel is the mother of three children, ages 5, 14 and 16. She has a business where she sells clothes and shoes. She wants to be able to send her children to school and provide them with a better life. By investing the money she will receive from the loan in her business, she hopes to grow her clothing sales and pursue her dreams for her family.


The loan will also help the other group members fund their business enterprises. The photo shows all ten women at a group meeting with their loan officer.


Note: This is a group loan. The women in the group help support and guarantee the loan for one another.



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

Chris
Atlanta, GA
United States

Bill
Irvine, CA
United States

Yoichi
Hakusan, Ishikawa
Japan

Sonja
Harvard, IL
United States

Walker
Edmond, OK
United States

Samir
Los Feliz, CA
United States

Deborah
Silver Spring, MD
United States

Tom Chance
Peckham, London
United Kingdom

Kevin
Seattle, WA
United States

RedeParede.com
Santa Barbara, CA
United States

Gini
San Bernardino, CA
United States

Friends of Joe
Santa Ana, CA
United States

Lawrence
Columbia, MD
United States

cMaille
Emeryville, CA
United States

Anonymous
San Francisco, CA
United States

Cindy
Bowdon, GA
United States

Tom
Norwich, VT
United States

Sonia
Grenoble,
France

Richard
Germantown, MD
United States

Anonymous

Anonymous
Brampton, Ontario
Canada

Vince
Colleyville, TX
United States

Chuck and Bridget
Arlington Hgts, IL
United States

Lynda and Dan
Las Cruces, NM
United States

Mary Cate
Miller Place, NY
United States

Charles Bidwell
Edmonton, Alberta
Canada

Ocek & students
Elon, NC
United States

Dean
Winnipeg, MB
Canada

Kyle
Mansfield, TX
United States

Marc
Edmond, OK
United States

Abner
Ontario, CA
United States

Rotary Club of Koreatown in Los Angeles
Los Angeles, CA
United States

Satoko
Okinawa
Japan

Sabine
Hamburg,
Germany

Bob
Stamford, Lincs
United Kingdom

Jessica
Truckee, CA
United States

Anonymous

United States

Ellen & Tom
Pueblo, CO
United States

David
Manitowoc, WI
United States

Joelle
Memphis, TN
United States

AdQuantify
La Jolla, CA
United States

Kim
Chicago, IL
United States

Lanie
Menasha, WI
United States

Alex Curavo
Northwood, OH
United States

Billy Ray Valentine
Tokyo,
Japan

Norma
Berwick, Victoria
Australia

Anonymous

Mark Field
Geelong, Victoria
Australia

Nick
Silver Spring, MD
United States



Journal entries for Estrellas Brillante (brilliant Stars) Group


Loan has been disbursed
 
Entrepreneur: Estrellas Brillante (brilliant Stars) Group
Location: El Seybo, Dominican Republic

Thank you for your loan. It has been disbursed to the Estrellas Brillante (Brilliant Stars) group, consisting of Ysabel Jimenez Santana, Milagros Del Rosario Doro, Pretronila Candelario, Elercida Mercedes, Erminia Peguero, Palmenia Medina Diaz, Maria De Los Santos Me, Ynorinda Nieves, Ana Mejia, Yrtania Aquino 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 El Seybo, Dominican Republic
Jul 10, 2008
Comment on this entry

Kiva Business Update
 
Entrepreneur: Estrellas Brillante (brilliant Stars) Group
Location: El Seybo, Dominican Republic

Ysabel Jimenez Santana used her Kiva loan to travel to Santo Domingo to the large, open-air market to buy more clothing, sandals, perfume, bedding, curtains, and shoes in bulk. Her best seller is men’s shoes that she purchases for 200 pesos and resells for 350 pesos. To sell her merchandise Ysabel invites clients to her house, but mainly walks around her community selling door to door.

Ysabel currently has a profit of approximately 2,000 pesos every two weeks. She uses her profits to care for her three children, and invest in her merchandise. Ysabel hopes to continue working hard to expand her business and sell more expensive merchandise such as watches.

The day I visited Ysabel at her home she had just purchased curtains in bulk and already had women stopping by to see them!


Posted by Ashley Nelsen from El Seybo, Dominican Republic
Mar 23, 2009
Comment on this entry

Kiva Help Repayment Schedule for Estrellas Brillante (brilliant Stars) Group

  Expected Repayments Actual Repayments Comments
October 2008 $666.67 $667.00 Repayment Received
November 2008 $666.67 $667.00 Repayment Received
December 2008 $666.67 $667.00 Repayment Received
January 2009 $666.67 $665.68 Repayment Received
February 2009 $666.67 $666.67 Repayment Received
March 2009 $666.65 $666.65 Repayment Received