Anolie Seraphin's Group


Status: Ended with Loss - Defaulted

$1,775.00   Loan Request
$925.90   Paid Back

About the Group

Group Name: Anolie Seraphin's Group
Group Members: Luisa Batista
Carmen Mercedes De La Cruz Bautista
Yenny Mendez
Silvia Cuevas
Anolie Seraphin
Location: San Luis, Community Of Santo Domingo, Dominican Republic
Activity: Food Production/Sales

About the Loan

Loan Amount: $1,775.00
Loan Use: Purchase of raw materials to produce cakes, ice cream and sweets.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 15, 2008
Date Disbursed: Aug 10, 2008
Date Funded:Jul 27, 2008

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:34.2260 DOP = 1 USD



Anolie has been living in the San Luis community of Santo Domingo for more than ten years. Her story is similar to the women of the group that she represents. They all are brave and hard-working women and mothers who have left their country (Haiti) to move to direction of Dominican Republic to make a living and raise their kids.


Anolie sells a wide variety of stuffs, ranging from sweets and cakes to ice cream and natural juices. Anolie explains that she’d like to be in her country with her people, but the reality is that Haiti is still economically and politically unstable, and she’s afraid of getting there and becoming victim of an act of violence. In the meantime, she’ll keep selling her goods in order to support her family.


With this loan, Anolie will buy more goods to add to her stock.


These are the other women with whom Anolie will receive the funds:


Silvia Cuevas, a clothing vendor,


Yenny Mendez, who retails women’s clothing,


Carmen Mercedes De La Cruz Bautista, for a small shoe store, and


Luisa Batista, to buy clothing in bulk to resell in her community.



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

Holli
bellevue, WA
United States

Kiva B4B
Spring House, PA
United States

Michele
Akron, OH
United States

Sharon
Oxford, OH
United States

Ruth
Frechen,
Germany

Carole
Westbrook, ME
United States

Mileta
Halifax NS, Nova Scotia
Canada

Laura & Jerome
Houilles, Ile-de-France
France

Nancy
Auburn, WA
United States

Mike
Seattle, WA
United States

Elizabeth
St. Paul, MN, www.kivafriends.org
United States

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

Antonella
Gainesville, FL
United States

Kay
Columbia, MD KivaFriends.org
United States

Wolfgang
KivaFriends.org, Berlin
Germany

Theres Suzanne
Brüttisellen,
Switzerland

Anonymous
baltimore, MD
United States

Michiel & Ren
Belleville, Ontario
Canada

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

Gordon
Winamac, IN
United States

Kathleen
Boston, MA
United States

Tamon
Tokyo, 
Japan

Patrick
Luxembourg,
Luxembourg

Dee

selma
Crofton, MD
United States

Amalio
Arlington, VA
United States

Emily
New York, NY
United States

Melissa
Hudson, OH
United States

Grant
Garibaldi Highlands, British Columbia
Canada

Jillian
Vence,
France

Anonymous
malleville les grés,
France

Christine
Westboro, MA
United States

amy
Englewood, NJ
United States

Darlene
Calgary, Alberta
Canada

Christopher
london, London
United Kingdom

Fuel4Entreprenuers
Keller, Texas
United States

Bob and Carolyn
Sudbury, Ma
United States

Glenn
Jarabacoa, La Vega
Dominican Republic

Edie
Nashville, TN
United States

Steven
Port Townsend, WA
United States

Natalie
Ada, MI
United States

Terry
Davis, CA
United States

scott
park city, UT
United States

Ted & Julie
Sunnyvale, CA
United States

Julie
Miles City, MT
United States

Anonymous

Terri
Longmont, CO
United States

Anonymous
Green Valley, AZ
United States

The McCurry Family
Fresno, CA
United States

Hannah
Coquitlam, British Columbia
Canada

Marco
Occhieppo Superiore, Biella
Italy

Anonymous
Atlanta, Georgia
United States

Anonymous

Leslie
Suffern, NY
United States

James
san leandro, CA
United States

Teresa & Tim
Portland, OR
United States

Jessica
Jamaica Plain, MA
United States

Charity
Sacramento, CA
United States

Patricia
Spring Hill, FL
United States

Anonymous
Milano, Milano
Italy



Journal entries for Anolie Seraphin's Group


Loan has been disbursed
 
Entrepreneur: Anolie Seraphin'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 Anolie Seraphin, Silvia Cuevas, Yenny Mendez, Carmen Mercedes De La Cruz Bautista, Luisa Batista 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 Luis, Community Of Santo Domingo, Dominican Republic
Aug 10, 2008
Comments (3)

Update on your loan in the Dominican Republic
 
Entrepreneur: Anolie Seraphin'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 Anolie Seraphin's Group

  Expected Repayments Actual Repayments Comments
November 2008 $295.83 $296.00 Repayment Received
December 2008 $295.83 $296.00 Repayment Received
January 2009 $295.83 $295.50 Repayment Received
February 2009 $295.83 $0.00 Delinquent
March 2009 $295.83 $0.00 Delinquent
April 2009 $295.85 $0.00 Delinquent
December 2009 $0.00 $38.40