Tereza Adames
Status: Paid Back
| $300.00 | Loan Request | |
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| $300.00 | Paid Back |
About the Entrepreneur
| Name: | Tereza Adames |
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| Location: | Yamasa, Dominican Republic |
| Activity: | Home Products Sales |
About the Loan
| Loan Amount: | $300.00 |
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| Loan Use: | Purchase of a large quantity of bedspreads to resell in her community |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Feb 12, 2008 |
| Date Disbursed: | Feb 26, 2008 |
| Date Funded: | Feb 12, 2008 |
| Loan Ended: | Aug 27, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | Fundación San Miguel Arcángel, Inc. (FSMA) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Closed |
| Time On Kiva: | 29 months |
| Kiva Entrepreneurs: | 2017 |
| Total Loans: | $593,750 |
| Delinquency Rate: | N/A - No Paying Back Loans |
| Default Rate: | 27.80% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Dominican Republic |
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| Avg Annual Income: | $7,611.00 |
| Currency: | Dominican Republic Pesos (DOP) |
| Exchange Rate: | 34.1380 DOP = 1 USD |
Tereza has been selling bedspreads for eight months in El Cacique community of Yamasá. She is twenty-seven years old and has four children. Her husband lives outside the country and visits the family only rarely. Tereza says her business is very profitable because she buys a bedspread at 600 Dominican pesos and resells it at about 1000 pesos or more (USD 1.00 = 34 pesos).
Until now, the entrepreneur has been running her business out of her rented house but she says she will keep doing business in order that she can finish her own house which is being built in the same community. Tereza will use her loan to purchase more bedspreads in order to increase her income.
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Lenders to this entrepreneur
Mambo Zombies
chicago, IL
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James
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Kathy
Boulder, CO
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Borris
Karlsruhe,
Germany
Fisk
Portland, OR
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joan
Hilo, HI
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Karen
Wayne, NJ
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The Power of We
Minneapolis, MN
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Journal entries for Tereza Adames
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Loan has been disbursed
Location: Yamasa, Dominican Republic
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Posted by
from Yamasa, Dominican Republic
Feb 27, 2008 |
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Comment on this entry
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Repayment Schedule for Tereza Adames
Repayment Schedule for Tereza Adames
| Expected Repayments | Actual Repayments | Comments | |||
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| May 2008 | $50.00 | $50.00 |  Repayment Received
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| June 2008 | $50.00 | $50.00 | Repayment Received
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| July 2008 | $50.00 | $50.00 | Repayment Received
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| August 2008 | $50.00 | $50.00 | Repayment Received
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| September 2008 | $50.00 | $50.00 | Repayment Received
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| October 2008 | $50.00 | $50.00 | Repayment Received
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