Angelina Hernandez Guzman

Status: Ended with Loss - Defaulted

$500.00		Loan Request
$446.85		Paid Back

About the Entrepreneur

Name:	Angelina Hernandez Guzman
Location:	Carvajal Community Of San Cristobal, Dominican Republic
Activity:	Hardware

About the Loan

Loan Amount:	$500.00
Loan Use:	To purchase metals and aluminum products for a small store.
Repayment Term:	11 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Mar 4, 2008
Date Disbursed:	Mar 19, 2008
Date Funded:	Mar 5, 2008

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:	33.6805 DOP = 1 USD

Angelina, a thirty-year-old housekeeper and mother of four children who sells various products ranging from sheets metal, iron, and other aluminum products. She started her business a few months ago with a loan she took from FSMA. The entrepreneur used her loan wisely and managed to make her business successful. She explains that she needs money to support her children’s education. Her housekeeper’s salary is not enough to cover all her family’s expenses.
Angelina wants to boost her business. She’s requesting a loan of $500 to buy more metals in order to increase her sales volume and her income.

Lenders to this entrepreneur

O & L
Laurel, Maryland
United States

Cyn & Chipotle
Parsippany, NJ
United States

Judith
St. Peter, MN
United States

Marius
Oslo,
Norway

Rose
New Orleans, LA
United States

Sat Kriya
San Francisco, CA
United States

Anonymous
Anonymous,
Austria

The Burton Family
Richmond, VA
United States

June Hayes
Rockport, MA
United States

Reese and Arie
Chattanooga, TN
United States

cy
Paterson, NJ
United States

Benilda
Chino Hills, CA
United States

Journal entries for Angelina Hernandez Guzman

Loan has been disbursed Entrepreneur: Angelina Hernandez Guzman Location: Carvajal Community Of San Cristobal, Dominican Republic Thank you for your loan. It has been disbursed to Angelina Hernandez Guzman by Fundación San Miguel Arcángel, Inc. in Dominican Republic. We are excited to watch this business grow. Over the next 9 months, Fundación San Miguel Arcángel, Inc. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Carvajal Community Of San Cristobal, Dominican Republic Mar 20, 2008
Comment on this entry

Update on your loan in the Dominican Republic Entrepreneur: Angelina Hernandez Guzman Location: Carvajal Community Of San Cristobal, 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 Angelina Hernandez Guzman

Show Advanced

	Expected Repayments	Actual Repayments	Comments
June 2008	$55.56	$56.00	Repayment Received
July 2008	$55.56	$56.00	Repayment Received
August 2008	$55.56	$56.00	Repayment Received
September 2008	$55.56	$56.00	Repayment Received
October 2008	$55.56	$56.00	Repayment Received
November 2008	$55.56	$56.00	Repayment Received
December 2008	$55.56	$56.00	Repayment Received
January 2009	$55.56	$52.45	Repayment Received
February 2009	$55.52	$0.00	Delinquent
December 2009	$0.00	$2.40