Luisa Jimenez Encarnación
Status: Paid Back
| $550.00 | Loan Request | |
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| $550.00 | Paid Back |
About the Entrepreneur
| Name: | Luisa Jimenez Encarnación |
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| Location: | Hato Nuevo, Dominican Republic |
| Activity: | Home Products Sales |
About the Loan
| Loan Amount: | $550.00 |
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| Loan Use: | To bed linens, window curtains, and other goods for resale |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 12, 2008 |
| Date Disbursed: | May 26, 2008 |
| Date Funded: | May 12, 2008 |
| Loan Ended: | Dec 15, 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: | 34.0420 DOP = 1 USD |
Fortunately, she received a loan from FSMA that allowed her to increase and diversify her inventory and move her business forward. Currently, Luisa offers a large selection of sheets, curtains, and shoes to buyers in the Hato Nuevo community of San Cristobal.
Luisa explains that her business helps her to keep her four children in school. The entrepreneur hopes that if her business continues to grow, she’ll be able to buy her own house someday.
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Econ 384 @ UMW
Fredericksburg, VA
United States
Journal entries for Luisa Jimenez Encarnación
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Loan has been disbursed
Location: Hato Nuevo, Dominican Republic
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Posted by
from Hato Nuevo, Dominican Republic
May 27, 2008 |
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Comment on this entry
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Repayment Schedule for Luisa Jimenez Encarnación
Repayment Schedule for Luisa Jimenez Encarnación
| Expected Repayments | Actual Repayments | Comments | |||
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| August 2008 | $91.67 | $92.00 |  Repayment Received
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| September 2008 | $91.67 | $92.00 | Repayment Received
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| October 2008 | $91.67 | $92.00 | Repayment Received
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| November 2008 | $91.67 | $92.00 | Repayment Received
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| December 2008 | $91.67 | $0.00 | Repayment Received
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| January 2009 | $91.65 | $182.00 | Repayment Received
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