Andrea Andujar Cesar's Group

Status: Ended with Loss - Defaulted

$1,125.00		Loan Request
$945.61		Paid Back

About the Group

Group Name:	Andrea Andujar Cesar's Group
Group Members:	Luisa Altagracia Javier Valverde Julia Sonia Andujar Ana Mercedes Mieses Franco Yoana Antonia Guzman De La Cruz Andrea Andujar Cesar
Location:	San Luis, Community Of Santo Domingo, Dominican Republic
Activity:	Food Production/Sales

About the Loan

Loan Amount:	$1,125.00
Loan Use:	To restart a small business cooking fried foods
Repayment Term:	8 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	May 20, 2008
Date Disbursed:	Jun 17, 2008
Date Funded:	Jun 3, 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:	34.1052 DOP = 1 USD

Andrea is in her late thirties, and she’s a proud mother who has devoted herself to hard work in order to take care of her three school-going daughters, who range in age from 10 to 19. Andrea is a well known woman in her community and she leads a group of five entrepreneurs who live in the neighborhood.

Andrea had been cooking for many years, but she had to stop for a while because it had become difficult to have access of capital to run her business. This loan will help her resume her activity. She plans to buy a lot of ingredients for her delicious fried dishes. Andrea hopes that her business will be successful so that she can keep taking care of her daughters and supporting her educations.

Andrea will share her loan with these women:

Yoana Antonia Guzman De la Cruz, a clothing retailer

Ana Mercedes Mieses Franco, who will use her loan to buy shoes to sell in her community

Julia Sonia Andujar, who will use her loan to improve her small store

Luisa Altagracia Javier Valverde, who will use her loan to buy clothes to sell in her neighborhood

About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

Lenders to this group

Dave
Friendswood, TX
United States

Elsie
Montreal, QC
Canada

Sam Snyder
Lawrence, KS
United States

Good Dogg
Front Porch, www.kivafriends.org
United States

Laurent D
Brussels,
Belgium

Friends of MTS Allstream
Winnipeg, Manitoba
Canada

Anonymous
Alexandria, VA
United States

Erica

Anonymous
Charlottesville, VA
United States

Laura
Cambridge, Massachusetts
United States

Katie-Jason
Truckee, CA
United States

bellur
san antonio, TX
United States

Riun
The Woodlands, TX
United States

Curtis and Marylinda
Fishers, IN
United States

Anonymous

Edward
Los Angeles, CA
United States

John
Greenville, NC
United States

Alex
Seattle, WA
United States

Diane
Brooklyn Center, MN
United States

Eric
Denver, CO
United States

Raymod
Hamar,
Norway

Andrew
Portland, OR
United States

Stephen
Fort lee, NJ
United States

ned travis American
woodruff, WI
United States

Mike & Tara
Peoria, AZ
United States

Melissa
Toorak, Victoria
Australia

James Yeang
Kuala Lumpur,
Malaysia

Susan
Gig Harbor, WA
United States

Journal entries for Andrea Andujar Cesar's Group

Loan has been disbursed Entrepreneur: Andrea Andujar Cesar's Group Location: San Luis, Community Of Santo Domingo, Dominican Republic Thank you for your loan. It has been disbursed to the group, consisting of Andrea Andujar Cesar, Yoana Antonia Guzman De La Cruz, Ana Mercedes Mieses Franco, Julia Sonia Andujar, Luisa Altagracia Javier Valverde 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 San Luis, Community Of Santo Domingo, Dominican Republic Jun 17, 2008
Comment on this entry

Update on your loan in the Dominican Republic Entrepreneur: Andrea Andujar Cesar's Group Location: San Luis, Community Of Santo Domingo, 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 (58)

Repayment Schedule for Andrea Andujar Cesar's Group

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	Expected Repayments	Actual Repayments	Comments
September 2008	$187.50	$188.00	Repayment Received
October 2008	$187.50	$188.00	Repayment Received
November 2008	$187.50	$188.00	Repayment Received
December 2008	$187.50	$188.00	Repayment Received
January 2009	$187.50	$185.50	Repayment Received
February 2009	$187.50	$0.00	Delinquent
December 2009	$0.00	$8.11