Thursday, January 29, 2009

Kiva Loan - Eugenia Molil Jean Group

It's time for a new Kiva loan! Today's loan will help a few entrepreneurs in the Dominican Republic expand their businesses.

Here is the info from their Kiva loan page:

Name: Eugenia Molil Jean Group
Location: El Seybo, Dominican Republic
Primary Activity: General Store
Loan Requested: $650.00
Repayment Term: 5 months
Loan Use: Purchase new consumer goods and expand business with new personal care products

"Eugenia Molil Jean is bank coordinator for a group called Llegando Lejos (Going Far). Her group has five members. She is 35 years old. She lives with her spouse and five children; ages 16, 11, 8, 7 and 2 years old. She sells chicken in her own community in El Seybo. She has already received three loans from Esperanza and is about to receive her fourth. She would like to increase her business by selling a greater quantity of products, such as sugar and coffee; and to expand her activities by selling deodorant. She finds keeping the clients happy to be the biggest challenge in her daily activities. She would also like to improve her house and make her business grow to provide for her large family. On behalf of Esperanza and the Llegando Lejos Bank of Hope, thank you for your support!"

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