Marisol Peña Hernández

Status: Ended with Loss - Defaulted

$375.00		Loan Request
$285.31		Paid Back

About the Entrepreneur

Name:	Marisol Peña Hernández
Location:	Yamasa, Dominican Republic
Activity:	Grocery Store

About the Loan

Loan Amount:	$375.00
Loan Use:	To purchase sacks of beans, rice, vegetables and other goods
Repayment Term:	18 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Nov 9, 2007
Date Disbursed:	Nov 24, 2007
Date Funded:	Nov 10, 2007

About the Field Partner

Field Partner:

Fundación San Miguel Arcángel, Inc. (FSMA)

Field Partner Risk Rating:

(Learn more)

Closed

29 months

2017

$593,750

N/A - No Paying Back Loans

Default Rate:

27.80%

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:	33.8200 DOP = 1 USD

Marisol is 26 years old and lives with her partner and their 3-year-old boy. Jointly with her partner, she runs a grocery store that they started one year ago. They sell a very wide range of products and people visit the grocery store frequently to buy products they need to prepare food. Bananas, maniocs, rice, beans, carrots, vegetable oil, bread, juice and energy drinks are just some of the varied products that you can find in theirbusiness.
Marisol is requesting a loan to increase the volume operations of her store. She will invest the funds to buy bulk goods to supply her business.

Lenders to this entrepreneur

Elizabeth
Toronto, Ontario
Canada

Tom
Tucson, AZ
United States

Michael
Elmhurst, IL
United States

Blake
Naples, NY
United States

Molly
Deerfield, IL
United States

Christopher Shirk
California
United States

Anonymous
Toledo, OH
United States

GIllian

Tigger
Adelaide, South Australia
Australia

Jason
Charleston, SC
United States

Keith
Hinsdale, IL
United States

Per
Hagersten, Sweden
Sweden

Larry and Anne
Bonduel, WI
United States

Sonja
Stirling, Stirling

Lisa & Kirk
Spokane Valley, WA
United States

Journal entries for Marisol Peña Hernández

Loan has been disbursed Entrepreneur: Marisol Peña Hernández Location: Yamasa, Dominican Republic Thank you for your loan. It has been disbursed to Marisol Peña Hernández by Fundación San Miguel Arcángel, Inc. in Dominican Republic. We are excited to watch this business grow. Over the next 16 - 22 months, Fundación San Miguel Arcángel, Inc. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Yamasa, Dominican Republic Nov 24, 2007
Comment on this entry

Update on your loan in the Dominican Republic Entrepreneur: Marisol Peña Hernández Location: Yamasa, Dominican Republic Your loan to the business or businesses above will not be repaid in full and is now considered defaulted. To learn about the reasons for this default, please visit FSMA’s Field Partner page. We have done our best to provide comprehensive details about why your loan defaulted and what Kiva is doing to help prevent situations like this from happening in the future. A vast majority of our Field Partners are healthy organizations that are very capable of administering your loans with the highest integrity. If you have any questions, after visiting FSMA’s Field Partner page and reviewing the information there, please let us know.
Posted by Michelle May Kreger, Kiva Staff, from San Francisco, United States Aug 21, 2009
Comments (57)

Repayment Schedule for Marisol Peña Hernández

Show Advanced

	Expected Repayments	Actual Repayments	Comments
February 2008	$23.44	$24.00	Repayment Received
March 2008	$23.44	$24.00	Repayment Received
April 2008	$23.44	$24.00	Repayment Received
May 2008	$23.44	$24.00	Repayment Received
June 2008	$23.44	$24.00	Repayment Received
July 2008	$23.44	$24.00	Repayment Received
August 2008	$23.44	$24.00	Repayment Received
September 2008	$23.44	$24.00	Repayment Received
October 2008	$23.44	$24.00	Repayment Received
November 2008	$23.44	$24.00	Repayment Received
December 2008	$23.44	$18.00	Repayment Received
January 2009	$23.44	$23.25	Repayment Received
February 2009	$23.44	$0.00	Delinquent
March 2009	$23.44	$0.00	Delinquent
April 2009	$23.44	$0.00	Delinquent
May 2009	$23.40	$0.00	Delinquent
December 2009	$0.00	$4.06