Bde Amistad Group


Status: Paid Back

$2,000.00   Loan Request
$2,000.00   Paid Back

About the Group

Group Name: Bde Amistad Group
Group Members: Juana Giron
Carmen Berroa
Ana Naranjo
Arisia Perez
Gilma Garcia
Location: El Seybo, Dominican Republic
Activity: Used Clothing

About the Loan

Loan Amount: $2,000.00
Loan Use: Purchase clothing at low prices
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 17, 2008
Date Disbursed: Oct 9, 2008
Date Funded:Nov 18, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:35.2445 DOP = 1 USD



This is a group of five people hoping to receive another loan. Each person in this group has received loans in the past and have all paid back all the loan payments. Each member has had some success with their business and is now at the point where they want to expand and start generating more income.


Juana Giron is the group representative and is a very dedicated mother to three children. She works as hard as she does because she wants a better life for her children. She says that her main goal is to get her children educated so they can get out of their poverty and live a better life. She has a small business selling used clothing in her area and hopes to one day have her own clothing store. She dreams of traveling and having her own house. This loan could be the start of getting her to those dreams and getting her children to college!


On behalf of Juana, 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


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Lenders to this group

Deanna
Sparwood, BC
Canada

Jeff
New York, NY
United States

Antoine
London, London
United Kingdom

Mike and Nancy
Signal Mtn., TN
United States

Gordon
Santa Ana, CA
United States

cullen
san francisco, CA
United States

Erling
Bloomfield, CT
United States

Jim
Fayetteville, GA
United States

Kate
crocker, MO
United States

Jane
Egg Harbor Township, NJ
United States

Travis Lopes
Grand Rapids, Michigan
United States

Jason
Saint Louis, mo
United States

Anonymous
Orlando, FL
United States

A. Vitalis Memorial Fund
Glen Ellyn, Illinois
United States

Judy
Tucson, AZ
United States

Alan
Pittsburgh, PA
United States

Lori
Brentwood, TN
United States

Keith and Joanne
LAfayette, CA
United States

Anonymous

Enflow Programming
Monterey, CA
United States

Jennifer
Phoenixville, PA
United States

David
Pembroke Pines, FL
United States

Bob
Norwalk, CT
United States

Lee
Dallas, TX
United States

Kathleen
Woodinville, WA
United States

Gary
Burbank, CA
United States

Susan
Fredericksburg, VA
United States

Anonymous
Beaverton, OR
United States

Kim & Keith
Coquitlam, British Columbia
Canada

Michael and Melissa
Ocean Park, WA
United States

JOE
DUBLIN, OH
United States

Jill
MADISON, WI
United States

Andrea
Orangevale, CA
United States

Nasier
Lelystad, Flevoland
Netherlands

david
glendale, CA
United States

Angelink yourposition
Zürich,
Switzerland

Anonymous
Church Hill, MD
United States

Ursula
san francisco, CA
United States

Evelyn
Summerland, British Columbia
Canada

Karla
Sebastopol, CA
United States

Shana
Norton Shores, MI
United States

Chris Cade
Vancouver, WA
United States

Mary
Picton, Ontario
Canada

dav
york, PA
United States

Lisa
San Jose, CA
United States

Anonymous
Cambridge, MA
United States

tim_esse
Vadnais Heights, MN
United States

Debbie
Decatur, GA
United States

Steve
Vicksburg, MS
United States

Anonymous
washington, DC
United States

Leigh
San Diego, CA
United States

Jessica
Houston, TX
United States

Maheboob
LARGO, FL
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Journal entries for Bde Amistad Group


Loan has been disbursed
 
Entrepreneur: Bde Amistad Group
Location: El Seybo, Dominican Republic

Thank you for your loan. It has been disbursed to the Juana Giron Group group, consisting of Juana Giron, Carmen Berroa, Ana Naranjo, Arisia Perez, Gilma Garcia by Esperanza International, a partner of HOPE International in Dominican Republic. We are excited to watch this business grow. Over the next 5 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
Nov 19, 2008
Comment on this entry

Kiva Business Update
 
Entrepreneur: Bde Amistad Group
Location: El Seybo, Dominican Republic

Juana used her Kiva loan to travel to La Piña (the pineapple), a border town between the Dominican Republic and Haiti, where she purchased new and used clothing at the large outdoor market. She sells her clothing from her house as well as walking from house tom house. Despite the hardship of being a single mother Juana always attends bank meetings and has never missed a loan repayment. Her business is going well, and she hopes to expand to selling shoes and sandals soon.


Posted by Ashley Nelsen from El Seybo, Dominican Republic
Apr 3, 2009
Comment on this entry

Kiva Help Repayment Schedule for Bde Amistad Group

  Expected Repayments Actual Repayments Comments
January 2009 $498.27 $498.28 Repayment Received
February 2009 $332.82 $332.82 Repayment Received
March 2009 $500.19 $500.19 Repayment Received
April 2009 $334.10 $334.10 Repayment Received
May 2009 $334.62 $334.61 Repayment Received