Vileises Casado Mateo

Status: Ended with Loss - Defaulted

$300.00		Loan Request
$252.16		Paid Back

About the Entrepreneur

Name:	Vileises Casado Mateo
Location:	San Cristobal, Dominican Republic
Activity:	Clothing Sales

About the Loan

Loan Amount:	$300.00
Loan Use:	To expand her clothing inventory and increase her sales volume
Repayment Term:	9 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	May 25, 2008
Date Disbursed:	Jun 10, 2008
Date Funded:	May 27, 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:	33.8555 DOP = 1 USD

Vileises is thirty years old and has two daughters and one son. Her husband works as watchman, but to earn a living Vileises sells women’s clothing in the Cambita community of San Cristobal. She travels to the capital Santo Domingo on a bi-weekly basis to purchase garments wholesale. To sell her goods, Vileises walks all day selling her wares throughout the community. It is hard work but she is willing to do so in order to improve her life and the lives of her family. Vileises plans to use her loan to purchase bulk clothing to expand her inventory and continue selling as a means of achieving her goals.

Lenders to this entrepreneur

Rick
San Francisco, CA
United States

Chuck
Jackson, WY
United States

Laurie
Vienna, VA
United States

Vivien
Newtown, CT
United States

David
Broomall, PA
United States

Lothar
Bronx, NY
United States

Ross
Meridian, Idaho
United States

turi
Seattle, WA
United States

artists-ally
Millville, NJ
United States

Journal entries for Vileises Casado Mateo

Loan has been disbursed Entrepreneur: Vileises Casado Mateo Location: San Cristobal, Dominican Republic Thank you for your loan. It has been disbursed to Vileises Casado 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 San Cristobal, Dominican Republic Jun 11, 2008
Comment on this entry

Update on your loan in the Dominican Republic Entrepreneur: Vileises Casado Mateo Location: 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 Vileises Casado Mateo

Show Advanced

	Expected Repayments	Actual Repayments	Comments
September 2008	$50.00	$50.00	Repayment Received
October 2008	$50.00	$50.00	Repayment Received
November 2008	$50.00	$50.00	Repayment Received
December 2008	$50.00	$50.00	Repayment Received
January 2009	$50.00	$50.00	Repayment Received
February 2009	$50.00	$0.00	Delinquent
December 2009	$0.00	$2.16