Rosa Mateo


Status: Paid Back

$375.00   Loan Request
$375.00   Paid Back

About the Entrepreneur

Name: Rosa Mateo
Location: Casabe, Dominican Republic
Activity: Grocery Store

About the Loan

Loan Amount: $375.00
Loan Use: To buy goods to start a grocery store.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 16, 2007
Date Disbursed: Dec 30, 2007
Date Funded:Dec 16, 2007
Loan Ended:Jun 30, 2008

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:33.3615 DOP = 1 USD



Rosa, 43, is married with four children, three of them boys. They don’t attend school. Her husband works outside her community.

Rosa has always been an active woman. When she is not working as housekeeper, you’ll see her selling anything just to support her children, since her husband's income is not enough to bear all the family's expenses.

Now, Rosa plans on doing business more reliably. With her loan, she will purchase rice, beans, vegetable oil, bread and other foodstuffs to sell within her house. Her general store’s name will be “D’ Rosa Colmado”. Given the loan, Rosa will be able to improve her family's living conditions.

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Lenders to this entrepreneur

Anonymous
Kingsport, TN
United States

Chris
Beaver Falls, PA
United States

Maria
Palo Alto, CA
United States

Michelle
Arlington, VA
United States

Matthias
Uster, ZH
Switzerland

David
Bainbridge Island, WA
United States

Rachel
San Diego, CA
United States

Steve
Columbus, IN
United States

Davina
Innisfail, AB
Canada

Ernesto
Miami Beach, FL
United States



Journal entries for Rosa Mateo


Loan has been disbursed
 
Entrepreneur: Rosa Mateo
Location: Casabe, Dominican Republic

Thank you for your loan. It has been disbursed to Rosa Mateo by Fundación San Miguel Arcángel, Inc. in Dominican Republic. We are excited to watch this business grow. Over the next 6 months, Fundación San Miguel Arcángel, Inc. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Casabe, Dominican Republic
Dec 31, 2007
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Kiva Help Repayment Schedule for Rosa Mateo

  Expected Repayments Actual Repayments Comments
March 2008 $62.50 $63.00 Repayment Received
April 2008 $62.50 $63.00 Repayment Received
May 2008 $62.50 $63.00 Repayment Received
June 2008 $62.50 $63.00 Repayment Received
July 2008 $62.50 $63.00 Repayment Received
August 2008 $62.50 $60.00 Repayment Received