Ana Greicis Peralta Geronimo's Group

Status: Ended with Loss - Defaulted

$1,500.00		Loan Request
$1,021.63		Paid Back

About the Group

Group Name:	Ana Greicis Peralta Geronimo's Group
Group Members:	Andrea Ramirez Diaz Ignacia Mateo Galvan Magaly Tavares Yolanda Morel Ana Greicis Peralta Geronimo
Location:	San Isidro, Community Of Santo Domingo, Dominican Republic
Activity:	General Store

About the Loan

Loan Amount:	$1,500.00
Loan Use:	Purchase of perfumes, beauty products, clothing and other goods for a small general store.
Repayment Term:	8 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jul 6, 2008
Date Disbursed:	Jul 23, 2008
Date Funded:	Jul 9, 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:	34.2055 DOP = 1 USD

This group is formed by five valiant women who have decided to endeavor to make a positive change in their families’ living conditions and provide their kids with a better future. Ana Greicis, a proud mother of three children, plays the role of leader of the group. Greicis owns and operates a small store which lots of people visit every day topurchase of various goods such as perfumes, clothing, beauty products and so on.

Ana Greicis plans on using her loan to increase her supplies. She’d like her business to generate greater income so that she can better support her family. Greicis wants to fit out and extend the shop space, but due to her financial situation she says that’s a few years down the line.
The members of Ana Greicis’ group are:

Yolanda Morel, who produces lunch to order.

Magaly Tavares, an owner of a small grocery store.

Ignacia Mateo Galvan, to buy shoes and pants to restock her small store.

Andrea Ramirez Diaz, to buy beauty products and clothing for a small shop.

Picture: left to right: Andrea, Ignacia, Magaly, Yolanda, and Ana Greicis.

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

Lenders to this group

JESENKA
BOSTON, MA
United States

Julie
Bedford, MA
United States

Charlie
Redmond, WA
United States

Alice
Raleigh, NC
United States

Vidar
Woburn, MA
United States

Katherine
Modbury, South Australia
Australia

Anonymous

Lili
Vancouver, BC
Canada

Larry
San Diego, CA
United States

Anonymous
Ayrshire
United Kingdom

Kara
Edgewater, CO
United States

Sandy
Honesdale, PA
United States

Jim
Battle Ground, WA
United States

Ariel and Sam

Lisa
San Anselmo, CA
United States

jason
enon, OH
United States

MB
Quincy, MA
United States

Ted & Savannah
Tulsa, OK
United States

Henry
Moorpark, CA
United States

Jan & Scott
Marion, IA
United States

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

Kevin
Pawtucket, RI
United States

The Hortons
Victoria
Australia

Robert
Malabar, New South Wales
Australia

Marilyn
Elk Grove Village, IL
United States

Erin

robert
Canton, MI
United States

Chris24
Toronto, Ontario
Canada

Anonymous
Huntington, NY
United States

Tsuyoshi
Bunkyo, Tokyo
Japan

Jim Barton
Tiburon, CA
United States

Allison,Scott, and Jack
Seal Beach, CA
United States

Sally
Los Angeles, CA
United States

Laura
Red Deer, Alberta
Canada

Tom
Brooklyn, NY
United States

Hey Joe Guitar
New York, NY
United States

Kristin

Aaron

RyRy's mom
Meriden, CT
United States

Journal entries for Ana Greicis Peralta Geronimo's Group

Loan has been disbursed Entrepreneur: Ana Greicis Peralta Geronimo's Group Location: San Isidro, Community Of Santo Domingo, Dominican Republic Thank you for your loan. It has been disbursed to the group, consisting of Ana Greicis Peralta Geronimo, Yolanda Morel, Magaly Tavares, Ignacia Mateo Galvan, Andrea Ramirez Diaz 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 San Isidro, Community Of Santo Domingo, Dominican Republic Jul 23, 2008
Comments (1)

Update on your loan in the Dominican Republic Entrepreneur: Ana Greicis Peralta Geronimo's Group Location: San Isidro, 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 (58)

Repayment Schedule for Ana Greicis Peralta Geronimo's Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
October 2008	$250.00	$250.00	Repayment Received
November 2008	$250.00	$250.00	Repayment Received
December 2008	$250.00	$250.00	Repayment Received
January 2009	$250.00	$250.00	Repayment Received
February 2009	$250.00	$0.00	Delinquent
March 2009	$250.00	$0.00	Delinquent
December 2009	$0.00	$21.63