Plan De Lucha Group

Status: Paid Back

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

About the Group

Group Name:	Plan De Lucha Group
Group Members:	Silverio Hernandez Solanyi Ramiriz Ramona Carela Martha Bautista Jose Zorrilla (not pictured) Maria Taveras Mercedez Hernandez Ceferino Contreras Parede Avelino Lizardo Ramona Cedeno
Location:	Hato Mayor, Dominican Republic
Activity:	Clothing Sales

About the Loan

Loan Amount:	$4,000.00
Loan Use:	This group would like to improve their various businesses, like Ramona who would like to buy undergarments to sell from her home.
Repayment Term:	9 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Aug 2, 2008
Date Disbursed:	Sep 12, 2008
Date Funded:	Aug 29, 2008
Loan Ended:	Apr 15, 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:	34.5280 DOP = 1 USD

Ramona Cornelio is a 31-year-old woman who lives with her husband and three children (ages 14, 7, and 6) in a small community called Bejucal in the eastern province of Hato Mayor in the Dominican Republic. She began a small business selling undergarments two years ago and continues to increase her inventory with each loan. Ramona operates her business from her home and occasionally travels by bus from town to town. She has started this business so that she can provide her children with a good education and a comfortable home. In Ramona’s free time, she enjoys working with computers and spending time with her family.

Ramona is the leader of the 10-person micro-bank group, Plan de Lucha. In English, this means `fight plan´. Each of these unique Dominican entrepreneurs unite in solidarity, allowing them to access funding that they would otherwise never be able to receive on their own. On behalf of Ramona, the Plan de Lucha group, and the entire team here at Esperanza International, 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

nickdag
Boulder, CO
United States

Bruce Chou
Oakdale & Los Angeles & San Jose, CA
United States

Anonymous
San Francisco, CA
United States

Vic
Chico, CA
United States

Anonymous
Houston, TX
United States

He Just Laughs
Jersey City, NJ
United States

Ann
Belcamp, MD
United States

ryan
Dayton, OH
United States

Kathy
La Canada, CA
United States

Tim Tuff
san mateo, CA
United States

Anonymous
New York, NY
United States

Richard
Pocatello, Idaho
United States

teresa and rick
Annandale, VA
United States

Anonymous
Marlborough, CT
United States

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

Teresa
Rochester, NY
United States

Rebecca
lexington, MA
United States

Jillian
Vence,
France

Mary Kay
Gonzales, LA
United States

Judith
St. Peter, MN
United States

Sam Snyder
Lawrence, KS
United States

A&U
Houston, TX
United States

Bosi
Berlin, KivaFriends.org
Germany

Rajvee & Peter
Toronto, Ontario
Canada

Carol
Gibsons, BC
Canada

Kit
Bloomington, IN
United States

Tim
Hamburg,
Germany

Richard
San Francisco, CA
United States

Francesco
Tucson, AZ
United States

Henry
Westbrook, CT
United States

Felix
Rockville, MD
United States

CKIV
Houston, TX
United States

Wayne
Moncton, NB
Canada

Sandra and Andreas
Urdorf,
Switzerland

Lucas
San Diego, CA
United States

Nathan
Tucson, AZ
United States

Sarat
Fremont, CA
United States

Dave
Richmond, BC
Canada

Amber
Portland, OR
United States

Belle
austin, TX
United States

Benjamin
Toulouse,
France

Linda
Hoquiam, WA
United States

Anonymous
London, london
United Kingdom

Sarah
Vancouver, BC
Canada

Tracey
Auburn, WA
United States

Deborah
Stamford, CT
United States

Renee
Carmel, IN
United States

Aquinas
Los Angeles, CA
United States

Edward
Morton Grove, IL
United States

Jessica
Mountain View, CA
United States

Hope
North Hollywood, CA
United States

Richard
Sunnyvale, CA
United States

Alex Rudloff
Satellite Beach, FL
United States

Anonymous
Doraville, GA
United States

Anonymous
austin, TX
United States

Holly
Winnipeg, Manitoba
Canada

Sheri
Havre De Grace, MD
United States

Karen
Norwich, Norfolk
United Kingdom

EvolutionaryIT
Boston, MA
United States

Krisztina
Miskolc,
Hungary

khai
CA
United States

Bea
Cave Creek, AZ
United States

Christy
KivaFriends.org, Marietta, OH
United States

Marshall
New York, NY
Afghanistan

Jim Barton
Tiburon, CA
United States

doug
san jose, CA
United States

Jason
Saint Louis, mo
United States

George
Cave Creek, AZ
United States

Patrick
Tustin, CA
United States

Marco
Verona, Verona
Italy

Mike & Deb C.
Doylestown, PA
United States

Alex
Vancouver, British Columbia
Canada

lisa
Miami, FL
United States

Jonathan
Calgary, Alberta
Canada

JAMES
ALBANY, NY
United States

Louis-Eric Simard
Montreal, Quebec
Canada

Alex
New York, NY
United States

Leone
Victoria, BC
Canada

Carol
Los Angeles, CA
United States

francis
brooklyn, NY
United States

Lynn
Kirkland, WA
United States

Top Lending Teams for this group

Team Europe
Local Area
1245 Members

NYC
Local Area
30 Members

Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
Common Interest
7042 Members

KIVA Shopping Club
Clubs
84 Members

Bloggers
Common Interest
230 Members

Journal entries for Plan De Lucha Group

Loan has been disbursed Entrepreneur: Plan De Lucha Group Location: Hato Mayor, Dominican Republic Thank you for your loan. It has been disbursed to the Plan de Lucha group, consisting of Ramona Cedeno, Avelino Lizardo, Ceferino Contreras Parede, Mercedez Hernandez, Maria Taveras, Jose Zorrilla, Martha Bautista, Ramona Carela, Solanyi Ramiriz, Silverio Hernandez 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 Sep 13, 2008
Comment on this entry

Plan de Lucha Update Entrepreneur: Plan De Lucha Group Location: Hato Mayor, Dominican Republic Hello from Hato Mayor, Dominican Republic! I would like to give you an update on Ramona and the loan you helped fund last year. Ramona was very successful in her women´s undergarment buisness and with her loan she was able to buy a larger inventory and make a larger profit. She is grateful that with this extra money she can provide all three of her children with an education. Mercedez is a natural entrepreneur and decided to open another business selling milk. This business has also been successful and she continues to take out loans to help her business grow even more. On behalf of Mercedez and her solidarity group, Plan de Lucha, thank you for the opportunity you have provided.
Posted by Tess Gellerman from Hato Mayor, Dominican Republic Jun 24, 2009
Comment on this entry

Repayment Schedule for Plan De Lucha Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
December 2008	$666.67	$667.00	Repayment Received
January 2009	$666.67	$666.33	Repayment Received
February 2009	$666.67	$666.67	Repayment Received
March 2009	$666.67	$666.67	Repayment Received
April 2009	$666.67	$666.67	Repayment Received
May 2009	$666.65	$666.66	Repayment Received