De Lunion Group


Status: Paid Back

$900.00   Loan Request
$900.00   Paid Back

About the Group

Group Name: De Lunion Group
Group Members: Elimene Joseph
Ruth Joseph
Luisenie Previl
Annette Lima
Vilaine Celicourt
Location: Trou-du-nord, Haiti
Activity: Used Clothing

About the Loan

Loan Amount: $900.00
Loan Use: used clothing, sandals, shoes, jewlery for re-sale
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 2, 2009
Date Disbursed: Mar 3, 2009
Date Funded:Apr 2, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Haiti
Avg Annual Income:$1,600.00
Currency:Haiti Gourdes (HTG)
Exchange Rate:39.7500 HTG = 1 USD



The “De Lunion” or “Unity” Group is made up of 10 male and female entrepreneurs, half of whom will be taking out a loan this time. These 5 women are looking forward to continued success and growth in their businesses with their 2nd loan. Though small, the group has a wide range of businesses from cosmetics to clothing, and from wood to food.



Ruth Joseph is the representative of the group. Ruth mostly sells used clothing and shoes which she buys in the big city to sell in her community. She says that the 1st loan was beneficial to her business because she was able to buy in larger quantities and increase her profit margin. She hopes to continually grow her business, increase her savings so she may finish school, go to college, and eventually get married. On behalf of Ruth, "De Lunion", and Esperanza, we 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

Karen and Gery
KivaFriends.org, Monarch Beach, CA USA
United States

teresa and rick
Annandale, VA
United States

Mariëlle & Roel
Amsterdam,
Netherlands

Ginette
oakville, Ontario
Canada

Douglas
Puerto Vallarta, Jalisco
Mexico

Mark
Oconomowoc, WI
United States

neddotcom
worldwide, OR
United States

Bertil
Norrt, Sweden
Sweden

Patricia
San Francisco, California
United States

Old Dog
Donabate, Co. Dublin
Ireland

dennis
Cameron, MO
United States

Lynne
Savage, MN
United States

Joe
Milltown, NJ
United States

Heidi
Tacoma, WA
United States

Marcus
Fairhope, AL
United States

Lynn
Brooklyn, NY
United States

Mariel
Burnsville, MN
United States

Shahin Murphy
Toronto, ON
Canada

Anonymous
Jersey City, NJ
United States

David
Corning, NY
United States

Betty
East Point, GA
United States

Marian
New Windsor, NY
United States

Eric
Boise, ID
United States

Anonymous
Diamond Bar, CA
United States

Smith Family
mckinleyville, CA
United States

Diane R
KivaFriends.org, Santa Clara, CA
United States

Judy
Corvallis, OR
United States

Barry and Allegra
Portland, OR
United States

Julie
San Jose, CA
United States

george
albuquerque, NM
United States

Nora
Santa Barbara, CA
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Journal entries for De Lunion Group


Loan has been disbursed
 
Entrepreneur: De Lunion Group
Location: Trou-du-nord, Haiti

Thank you for your loan. It has been disbursed to De Lunion Group, consisting of Elimene Joseph, Ruth Joseph, Luisenie Previl, Annette Lima, Vilaine Celicourt by Esperanza International, a partner of HOPE International in Haiti. We are excited to watch this business grow. Over the 5 months of this loan, 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 Trou-du-nord, Haiti
Apr 3, 2009
Comment on this entry

Kiva Field Update - Message from the Dominican Republic
 
Entrepreneur: De Lunion Group
Location: Trou-du-nord, Haiti

Dear Esperanza lenders,

As you may know, all entrepreneur profiles on Kiva’s website are posted by local Field Partners like Esperanza, whose mission is to “free children and their families from poverty through initiatives that generate income, education, and health, restoring self-worth and dignity to those who have lost hope.” As a Kiva Fellow working with Esperanza International in the Dominican Republic and Haiti, I saw Esperanza’s mission at work most recently while visiting a batey.

For those that are not familiar with the term “batey,” it is a small, barrack-style community built and maintained by large sugar corporations. These communities are often completely surrounded by sugar cane fields, and often they lack basic resources such as clean drinking water, transportation, reliable electricity, and medicine. The majority of a batey’s members work in planting, cutting, and loading sugar cane for eight months of the year. The other four months are a stalemate, during which there are no sugar cane earnings.

In order to ensure continued earnings, one entrepreneur, Cloreta Yan, who lives on a rural batey, used her Kiva loan to open a small store in her house. Her community previously did not have a store where they might buy basic supplies, which meant that community members had to travel to nearby communities to shop. When my fellow Kiva Fellow Kalie Gold and I first visited Cloreta, she offered very basic supplies, such as sugar, oil, and rice. When I conducted a follow-up visit, she was selling over 20 items, including tobacco, ice, drinks, and cookies. She is now earning 600 pesos a week and, according to her loan officer, continues to expand the line of merchandise she sells.

Esperanza has supported 4,251 Kiva entrepreneurs thus far, resulting in approximately $200,000 loaned. Continually working to improve their organization, they have recently opened an office in Trau de Nord, Haiti. Esperanza continues to grow - thanks to Kiva lenders like you!

Staff members at various offices throughout the Dominican Republic visit their entrepreneurs frequently, and many of you will receive an update on an entrepreneur who received a loan contribution from you. Unfortunately, due to logistical and administrative constraints, reaching every entrepreneur for an update is just not possible, even with Esperanza’s dedicated team. Whether or not an update is provided on a specific entrepreneur to whom you made a loan, I hope that you have enjoyed this update on the impact that Esperanza has had with Kiva funds.

Finally, I would like to thank you personally for supporting an entrepreneur in Haiti or the Dominican Republic. It saddens me to realize that this letter marks the end of my time working with Kiva’s Field Partner Esperanza here in the Dominican Republic. For the last three months I have had the pleasure of working with Esperanza, visiting numerous Kiva entrepreneurs, and training staff members in writing business profile updates for Kiva lenders such as yourself.

To see all current fundraising loans from Esperanza on Kiva.org, please click here:

http://www.kiva.org/app.php?page=businesses&partner_id=44&status=Fundraising&sortBy=New+to+Old&_te=mj&_te=mj

To see a short YouTube video on Cloreta Yan, please click here:

http://www.youtube.com/watch?v=8reiqg1pbBo&_te=mj

On behalf of Kiva, Esperanza, and its entrepreneurs, we thank you for your continued support.


Posted by JD Bergeron, Kiva Staff, from San Francisco, United States
Jun 11, 2009
Comments (14)

Kiva Help Repayment Schedule for De Lunion Group

  Expected Repayments Actual Repayments Comments
June 2009 $269.39 $269.37 Repayment Received
July 2009 $145.57 $145.57 Repayment Received
August 2009 $153.35 $153.35 Repayment Received
September 2009 $161.54 $161.56 Repayment Received
October 2009 $170.15 $170.15 Repayment Received