La Buena Vida Group

Status: Paid Back

$3,200.00		Loan Request
$3,200.00		Paid Back

About the Group

Group Name:	La Buena Vida Group
Group Members:	Maxima Reyes Felipa Paredes Santa Olga Vasquez Ortiz Eridania Santana Carrasco Ana Soriano Vasquez Andres Polanco Julia Sala Ortiz Alfonsa Peguero Severino Julia Ramirez Juliana Santana Ignacia Reyes Y Reyes Isabel Polanco Salas
Location:	Hato Mayor, Dominican Republic
Activity:	Food Market

About the Loan

Loan Amount:	$3,200.00
Loan Use:	To buy various food products, such as rice, oil, and vegetables
Repayment Term:	9 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jul 3, 2008
Date Disbursed:	Aug 12, 2008
Date Funded:	Jul 29, 2008
Loan Ended:	Mar 16, 2009

About the Field Partner

Field Partner:

Esperanza International Dominican Republic, a partner of HOPE International

Field Partner Risk Rating:

(Learn more)

Active

33 months

7025

$1,615,200

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Dominican Republic
Avg Annual Income:	$7,611.00
Currency:	Dominican Republic Pesos (DOP)
Exchange Rate:	34.2840 DOP = 1 USD

Maxima is a 46-year-old woman who lives in an impoverished community in the eastern Dominican province of Hato Mayor with her husband and three children, ages 19, 22 and 23. She has owned a small colmado for some time, but is requesting this loan to improve, expand and grow her little business. A colmado, a very common type of business in the Dominican Republic, is essentially a small grocery store that offers community members basic food provisions (rice, beans, vegetables), as well as soaps, beverages and miscellaneous household items. With the loan, she plans to expand her inventory of rice, oil, plantains and other food.

It is Maxima's ambition to continue growing her business so that she can continue providing for her family. She insists that her children continue studying so that they can be productive members of society, and hopes that she herself will always progress in both her personal and economic life. On behalf of everyone here at Esperanza International, and from Maxima herself, we thank you for your support with this micro loan!

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

Lenders to this group

Kay
Columbia, MD KivaFriends.org
United States

Keith
Odense,
Denmark

Luis
Jamaica, NY
United States

William
miami, FL
United States

William
Washington, DC
United States

Katy and Jeff
Albany, CA
United States

howard and maureen
pinole, CA
United States

Byron & Susanne
Novato, CA
United States

Vermonter
So. Burlington, VT
United States

Anonymous
Flushing, NY
United States

Donna and Bob
Fountain Valley, CA
United States

Tommy & Donna
Tucson, AZ
United States

Jessica
Halifax, Nova Scotia
Canada

Josh
Indianapolis, IN
United States

James S. Klich II
Charlotte, NC
United States

Leigh
HONOLULU, HI
United States

Val & Derek
Thornton, Colorado
United States

Julie
Roslindale, MA
United States

The Mermaid Inn
New York, NY
United States

steve
granger, IN
United States

Burton
Westport, CT
United States

Gail
Melrose Park, PA
United States

Sharon
St-Laurent, Quebec
Canada

Cynthia
Boerne, TX
United States

Darah
Colorado Springs, CO
United States

Chris & Alex
Singapore,
Singapore

Melanie
Palo Alto, CA
United States

Curtis
Carlsbad, CA
United States

Amin
Tehran, Tehran
Iran, Islamic Republic of

Lorna & Critters
Kanata, Ontario
Canada

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

Regine
München,
Germany

The Schumachers
St. Paul, MN
United States

Joel
Oldsmar, FL
United States

George & Marie
Norwalk, CT
United States

Anonymous
Seattle, WA
United States

M. Giant
Minneapolis, MN
United States

Elizabeth
Somerville, MA
United States

Elizabeth
Bellingham, WA
United States

Karen
Baltimore, MD
United States

Greg C
West Palm Beach, FL
United States

MAYALEX FUND
Wilmette, IL
United States

Lauren
North Oaks, MN
United States

gary
maple ridge, british columbia
Canada

Georgia
Salinas, CA
United States

Hotel Adriark Book Club
Los Angeles, CA
United States

Debashis
San Leandro, CA
United States

Joe & Shannon
St. Louis, MO
United States

John
Toronto, Ontario
Canada

Gail
Londonderry, NH
United States

Stephanie
Tacoma, WA
United States

Belinda
CANBERRA, ACT
Australia

Jillian
Vence,
France

Werner
Moore, SC
United States

Connor & Tara
Goulburn, New South Wales
Australia

John
Eden, NC
United States

Mark
Edogawa-ku, Tokyo
Japan

Jack
Norcross, Georgia
United States

Mat
Coventry, CT
United States

Eivind
Lillestrøm, Akershus
Norway

Christine
Ski, Akershus
Norway

Christine
Milwaukee, WI
United States

Tom
Fordingbridge,
United Kingdom

Jamie and John
Kelowna, British Columbia
Canada

Barbara
Dorchester Center, MA
United States

Gretchen
Altadena, CA
United States

Maud

Bernard
Madrid, Madrid
Spain

Todd
Minneapolis, MN
United States

Ryan
North Wales, PA
United States

Sutton
Weston, CT
United States

Enzo
Celano, AQ
Italy

Carol
Gibsons, BC
Canada

Richard
Shell Knob, MO
United States

Donna
Reston, VA
United States

WILLIAM
Tavernier, FL
United States

Dan
Arlington, VA
United States

Marian
Midland, Ontario
Canada

Andrew
Toronto, Ontario
Canada

Michael
Edmonton, Alberta
Canada

THE DQ CLAN
BREMERTON, WA
United States

Anonymous
Oslo,

Peep

Estonia

Anonymous
Winchendon, MA
United States

Cecilia & Siggi
Düsseldorf,
Germany

asabstone

United States

Elspeth
Toronto, Ontario
Canada

Sarah

Sarah
Caledonia, MI
United States

Eric
Kalamazoo, MI
United States

Jacob
Seattle, WA
United States

Ken
Redmond, OR
United States

Anonymous

Anonymous
Port Tobacco, MD
United States

Cathy
College Park, MD
United States

Journal entries for La Buena Vida Group

Loan has been disbursed Entrepreneur: La Buena Vida Group Location: Hato Mayor, Dominican Republic Thank you for your loan. It has been disbursed to the La Buena Vida group, consisting of Maxima Reyes, Felipa Paredes Santa, Olga Vasquez Ortiz, Eridania Santana Carrasco, Ana Soriano Vasquez, Andres Polanco, Julia Sala Ortiz, Alfonsa Peguero Severino, Julia Ramirez, Juliana Santana, Ignacia Reyes Y Reyes, Isabel Polanco Salas 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 Hato Mayor, Dominican Republic Aug 12, 2008
Comments (2)

Repayment Schedule for La Buena Vida Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
November 2008	$533.33	$534.00	Repayment Received
December 2008	$533.33	$534.00	Repayment Received
January 2009	$533.33	$532.00	Repayment Received
February 2009	$533.33	$533.33	Repayment Received
March 2009	$533.33	$533.33	Repayment Received
April 2009	$533.35	$533.34	Repayment Received