Luisa Aybar Aybar

Thank you for your loan. It has been disbursed to Luisa Aybar 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.

We recently paid a visit to Luisa’s business so as to get an update for Kiva lenders. Since the disbursement of the loan, the young entrepreneur shifted her plan and, instead of investing in jewelry, she bought women’s clothing to start her business. When we got to Luisa’s shop, there were a few of clothing left. The sales were greatly successful, and now she gets a good clientele. The entrepreneur is now looking forward to expand her shop and add men’s clothing to her inventory. She hopes she’ll be able to do so before long.

Luisa thanks all Kiva lenders who have contributed to make her dream come true. Now, it’s easier for the entrepreneur to support her medicine studies.

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.