Mujeres De Fe Group

Status: Paid Back

$1,425.00		Loan Request
$1,425.00		Paid Back

About the Group

Group Name:	Mujeres De Fe Group
Group Members:	Teofila Gonzalez Yesenia De La Cruz Dioisia Reyes Petronila Rojas Altagracia De La Cruz Lissette Garcia Amarilis Silveri Adelaida Cagni Leonarda Rodrigue Maxima Mendez
Location:	Puerto Plata, Dominican Republic
Activity:	Used Clothing

About the Loan

Loan Amount:	$1,425.00
Loan Use:	Start a used-clothing business
Repayment Term:	8 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Oct 19, 2008
Date Disbursed:	Nov 2, 2008
Date Funded:	Oct 19, 2008
Loan Ended:	Jun 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

7009

$1,612,225

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:	35.6665 DOP = 1 USD

"Mujeres De Fe" (Women of Faith) is a new group of 10 women who are all living in extreme poverty and don't have steady incomes. Maxima Mendez, the representative of this group, is the mother of 3 children, who are her main concern. She wants a better life for her children more than anything else in the world.

Maxima plans on taking her loan and starting a small business selling used clothing. She also loves to paint and wants to try and sell her paintings as well. Her goal is to have a thriving business, and she dreams of being able to travel. This group is all excited about this new challenge and opportunity! On behalf of Maxima, the group, and Esperanza International------- 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

Lenders to this group

Susan
Delhi, NY
United States

Bernice
Toronto, Ontario
Canada

Jan
Buford, GA
United States

Peter
Los Angeles, CA
United States

Cam and Tiffany
Roscoe, IL
United States

fiona
Groton, MA
United States

Anonymous
san antonio, TX
United States

Jan

Tamra, David & Nolan
Calgary, AB
Canada

Gareth
Wellington, Wellington
New Zealand

Kasia
Southington , CT
United States

katie
plainfield, IL
United States

marc
los angeles, CA
United States

Kimberly
Winchester, CA
United States

yves
Paris,
France

LeRoy
Lafayette, CO
United States

CharlieO
London,
United Kingdom

David
Broomall, PA
United States

Jane
North Oaks, MN
United States

janis
bartlesville, OK
United States

Ben
Englewood, CO
United States

Barbara
Penacola, Florida
United States

Susan
Essex Junction, VT
United States

DonandKathy

Mary & Henry
Houston, TX
United States

Jeff
Astoria, NY
United States

GEJ
Kaysville, UT
United States

Friends in Holladay Utah
holladay, UT
United States

Amy

Beatriz
Newfoundland, PA
United States

Sharon
San Diego, CA
United States

Tina

Regina
Southfield, MI
United States

Heather
Philippi, WV
United States

Anonymous
boulder, CO
United States

Eric
VARANGES,
France

Fiona
Altona North, Victoria
Australia

John
Greensboro, NC
United States

Brenda
Vancouver Island, British Columbia
Canada

Judy
Ann Arbor, MI
United States

Top Lending Teams for this group

Pennsylvania
Local Area
47 Members

Conservatives for 2012
Common Interest
137 Members

Kiva Mormons
Religious Congregations
356 Members

DoUntoOthers
Friends
4 Members

Calgary
Local Area
134 Members

Journal entries for Mujeres De Fe Group

Loan has been disbursed Entrepreneur: Mujeres De Fe Group Location: Puerto Plata, Dominican Republic Thank you for your loan. It has been disbursed to the Mujeres De Fe group, consisting of Maxima Mendez, Leonarda Rodrigue, Adelaida Cagni, Amarilis Silveri, Lissette Garcia, Altagracia De La Cruz, Petronila Rojas, Dioisia Reyes, Yesenia De La Cruz, Teofila Gonzalez 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 Nov 3, 2008
Comment on this entry

Maxima Mendez Journal Entrepreneur: Mujeres De Fe Group Location: Puerto Plata, Dominican Republic Maxima was able to successfully pay back her loans. While she had previously established her small clothing business, this loan helped her to expand it considerably. Maxima is married, but her husband is a construction worker and works away from home for extended periods of time. The business has become a consistent source of income for her family. Others in her community have noticed how hard she works to maintain her business, and appreciate its presence.
Posted by David Gann from Puerto Plata, Dominican Republic Jun 25, 2009
Comment on this entry

Repayment Schedule for Mujeres De Fe Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
February 2009	$237.50	$237.50	Repayment Received
March 2009	$237.50	$237.50	Repayment Received
April 2009	$237.50	$237.50	Repayment Received
May 2009	$237.50	$237.50	Repayment Received
June 2009	$237.50	$237.49	Repayment Received
July 2009	$237.50	$237.51	Repayment Received