Yenis Teresa Arias Gil

Status: Ended with Loss - Defaulted

$450.00		Loan Request
$306.49		Paid Back

About the Entrepreneur

Name:	Yenis Teresa Arias Gil
Location:	Baní, Dominican Republic
Activity:	Retail

About the Loan

Loan Amount:	$450.00
Loan Use:	Purchase beauty products and clothing for a small business.
Repayment Term:	9 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jun 25, 2008
Date Disbursed:	Jul 12, 2008
Date Funded:	Jun 28, 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:	34.0260 DOP = 1 USD

Yenis Teresa sells beauty products, shoes, and pants to people in the Villa Del Carmen community of Baní. She started her business five years ago when she realized that her husband’s wages were too low to support all the family’s expenses. Now, her business is very profitable and she has a well-established clientele.

With her loan, Yenis will buy a wider variety of goods to add to her stock so that she can satisfy the needs of her customers and attract new clients to her business. Yenis hopes that her business can continue to support her four children’s studies.

Lenders to this entrepreneur

Vic
Chico, CA
United States

douglas
hazelbrook, New South Wales
Australia

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

D. Gail
Prince George, BC
Canada

Teresa
Hicksville, NY
United States

Anonymous
Laufenburg,
Germany

Tommy
Panama City Beach, FL
United States

Hans
Burgwedel,
Germany

Amy
Kapaa, HI
United States

Alexandria
Mokelumne Hill, CA
United States

Joseph & Lori
Marlton, NJ
United States

Anonymous
Burnaby, BC
Canada

Pedro
Jersey City, NJ
United States

john
Huntington Beach, CA
United States

Journal entries for Yenis Teresa Arias Gil

Loan has been disbursed Entrepreneur: Yenis Teresa Arias Gil Location: Baní, Dominican Republic Thank you for your loan. It has been disbursed to Yenis Teresa Arias Gil 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 Jul 12, 2008
Comments (1)

Update on your loan in the Dominican Republic Entrepreneur: Yenis Teresa Arias Gil 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 (57)

Repayment Schedule for Yenis Teresa Arias Gil

Show Advanced

	Expected Repayments	Actual Repayments	Comments
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
March 2009	$75.00	$0.00	Delinquent
December 2009	$0.00	$6.49