Bernarda Vizcaino Aybar


Status: Ended with Loss - Defaulted

$450.00   Loan Request
$378.25   Paid Back

About the Entrepreneur

Name: Bernarda Vizcaino Aybar
Location: Baní, Dominican Republic
Activity: Cafe

About the Loan

Loan Amount: $450.00
Loan Use: Purchase of raw materials for a small cafeteria
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 14, 2008
Date Disbursed: Jun 28, 2008
Date Funded:Jun 14, 2008

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:34.1702 DOP = 1 USD



Bernarda is thirty-four years old, and she and her husband have three children in the range of eight to seventeen years old, all of whom attend school. Bernarda has been running a small cafeteria for five years in the Alto Limonal community of Baní. The entrepreneur talks about the multiple advantages of her business and she explains that she could do some renovation in her house, support her children’s studies and face other financial issues.

Education holds an important place in the entrepreneur’s life. Actually, despite her age and her responsibilities, Bernarda will get her high school diploma this year, and she wants to obtain a Bachelor’s degree in Nursing.


Bernarda is requesting a loan to buy a large quantity of raw materials to keep producing her delicious breakfasts and lunches for her customers. The entrepreneur hopes that her business will allow her reach her goals and keep fending for her family.


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Lenders to this entrepreneur

Jessica
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Jennifer
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Anonymous
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michelle
colbert, WA
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Makis
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Pappy Steve
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Jeff

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jit
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boutique|mac
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Linda
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Journal entries for Bernarda Vizcaino Aybar


Loan has been disbursed
 
Entrepreneur: Bernarda Vizcaino Aybar
Location: Baní, Dominican Republic

Thank you for your loan. It has been disbursed to Bernarda Vizcaino Aybar by Fundación San Miguel Arcángel, Inc. (FSMA) in Dominican Republic. We are excited to watch this business grow. Over the next 6 months, Fundación San Miguel Arcángel, Inc. (FSMA) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Baní, Dominican Republic
Jun 28, 2008
Comment on this entry

Bernarda Vizcaino Aybar
 
Entrepreneur: Bernarda Vizcaino Aybar
Location: Baní, Dominican Republic

We recently paid a visit to Bernarda in order to have a business update for the Kiva lenders. The entrepreneur is still working hard to make her cafeteria progress. The loan was very helpful for her, as she could in fact invest the funds to buy a large stock of ingredients shed needed to continue preparing her breakfasts and lunches.

Business has been very successful for Bernarda, and she managed to attract more people to her café. The entrepreneur is still looking forward to obtaining a Bachelor’s degree in Nursing, and is putting aside money so that she can start studying before long.

Bernarda expresses her warm thanks to all the Kiva community which is supporting her to make her dream come true.


Posted by Jean Daniel Louis from Baní, Dominican Republic
Jan 20, 2009
Comment on this entry

Update on your loan in the Dominican Republic
 
Entrepreneur: Bernarda Vizcaino Aybar
Location: Baní, 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)

Kiva Help Repayment Schedule for Bernarda Vizcaino Aybar

  Expected Repayments Actual Repayments Comments
September 2008 $75.00 $75.00 Repayment Received
October 2008 $75.00 $75.00 Repayment Received
November 2008 $75.00 $75.00 Repayment Received
December 2008 $75.00 $75.00 Repayment Received
January 2009 $75.00 $75.00 Repayment Received
February 2009 $75.00 $0.00 Delinquent
December 2009 $0.00 $3.25