Gladys Antonia Andujar's Group


Status: Ended with Loss - Defaulted

$1,275.00   Loan Request
$1,071.69   Paid Back

About the Group

Group Name: Gladys Antonia Andujar's Group
Group Members: Mirosis Yose Cruz Medina
Angela Mieses Franco
Elizabeth Javier Santana
Griselaida Perez Fransua
Gladys Antonia Andujar
Location: San Luis, Community Of Santo Domingo, Dominican Republic
Activity: Clothing Sales

About the Loan

Loan Amount: $1,275.00
Loan Use: Purchase of clothing in bulk to sell in her community.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 8, 2008
Date Disbursed: Jun 22, 2008
Date Funded:Jun 8, 2008

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:34.0290 DOP = 1 USD



Gladys Antonia defines herself as promoter of this new generation of young entrepreneurs who’re breaking old paradigms and establishing new ways of doing business in their communities. Gladys is just eighteen-years old and she still is a schoolgirl. In spite of her age, Gladys is a very responsible person and a young woman with unshakable courage and the determination to make things happen.


Gladys has been selling women’s clothing for one year in her community, and she says that she makes a great effort to succeed in her endeavor and contribute to her family’s budget. The young and valiant Gladys goes to school in the morning, and in the afternoon she visits friends, customers, and people of the nearby neighborhood to offer her products.


Now, the entrepreneur would like to increase her sales volume significantly. She’s requesting a loan to buy new fashionable pants and blouses to add to her stock. Gladys will receive her loan together with other four women, all of whom are young entrepreneurs and trying hard to succeed in life.


These women are:


Griselaida Perez Fransua, who owns and operates a small beauty parlor.


Elizabeth Javier Santana, who sells clothing in her community.


Angela Mieses Franco, a clothing seller.


Mirosis Yose Cruz Medina, who will invest her loan in products for her beauty salon.


Photo: From left to right: Mirosis, Angela, Elizabeth, Griselaida and Gladys.



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


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Lenders to this group

Jean-Luc
Zürich,
Switzerland

Totally
Vancouver, British Columbia
Canada

Jane
Green Brook, NJ
United States

Debbie
Cincinnati, OH
United States

Susan A
West New York, NJ
United States

David
Noordwijk, Zuid-Holland
Netherlands

Linda
Truro, Nova Scotia
Canada

Shelli
Maple Valley, WA
United States

Reese
North Bethesda, MD
United States

Jill
Splashdown, WA
United States

Louise
Oakland, CA
United States

Kathy
Oklahoma City, OK
United States

james
nanaimo, British Columbia
Canada

Robin
Esbo, FI
Finland

Anonymous
Marietta, GA
United States

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Catharine
Glendale, CA
United States

P. Garvin-Leslie
Detroit, MI
United States

Jessica
Helsinki,
Finland

Geoff

Christmas Island

Michael
Västra Frölunda,
Sweden

Julie & Stephen
Portsmouth, VA
United States

Brian
Elkhorn, WI
United States

Anonymous
Stroudsburg, PA
United States

Diane R
KivaFriends.org, Santa Clara, CA
United States

Cliff
Glen Allen, VA
United States

Ellen
Woodridge, NY
United States

Meg
Scottsdale, AZ
United States

Jan
Olomouc,
Czech Republic

Paula
lake zurich, Illinois
United States

Hideki
Seto city, Aichi
Japan

Agents for Home Buyers
Boulder, CO
United States



Journal entries for Gladys Antonia Andujar's Group


Loan has been disbursed
 
Entrepreneur: Gladys Antonia Andujar'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 Gladys Antonia Andujar, Griselaida Perez Fransua, Elizabeth Javier Santana, Angela Mieses Franco, Mirosis Yose Cruz Medina 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 23, 2008
Comments (1)

Update on your loan in the Dominican Republic
 
Entrepreneur: Gladys Antonia Andujar'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 (57)

Kiva Help Repayment Schedule for Gladys Antonia Andujar's Group

  Expected Repayments Actual Repayments Comments
September 2008 $212.50 $213.00 Repayment Received
October 2008 $212.50 $213.00 Repayment Received
November 2008 $212.50 $213.00 Repayment Received
December 2008 $212.50 $211.00 Repayment Received
January 2009 $212.50 $212.50 Repayment Received
February 2009 $212.50 $0.00 Delinquent
December 2009 $0.00 $9.19