Beneranda Alcantara Doñe

Status: Ended with Loss - Defaulted

$350.00		Loan Request
$238.38		Paid Back

About the Entrepreneur

Name:	Beneranda Alcantara Doñe
Location:	Guanuma, Dominican Republic
Activity:	Grocery Store

About the Loan

Loan Amount:	$350.00
Loan Use:	To invest in a wide variety of goods to replenish a small grocery store.
Repayment Term:	9 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jul 19, 2008
Date Disbursed:	Aug 3, 2008
Date Funded:	Jul 20, 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:	34.2900 DOP = 1 USD

Berenanda is an optimistic and diligent woman who has operated a small grocery store for more than fifteen years. Her three children consider her a living symbol of endurance, confidence, and struggle since she’s supported their education on her own in spite of the very difficult financial situation the family was going through. Berenanda expresses that she’s extremely happy that she could contribute to the education of her kids, who are working now and are able to make a living on their own.

The entrepreneur feels that she still can work for some years and earn more money. She’s requesting a loan to buy a large variety of goods to add to her inventory in order to increase her sales volume. Berenanda hopes that her business will allow her enjoy better her golden years.

Lenders to this entrepreneur

Tom and Nita
Lakeport, CA
United States

Donald
Port Jefferson, NY
United States

Dawn
Bedford, NH
United States

Maria

Donna
Reston, VA
United States

Anonymous
Durham, NH
United States

Kata

Vito
Lyndhurst, NJ
United States

Percy N
Collegeville, PA
United States

Kwenu
CA
United States

Karen & Bill

Jennifer
San Francisco, CA
United States

Camerali Uniti
Prato, Prato
Italy

John
Jersey, Channel Islands
United Kingdom

Journal entries for Beneranda Alcantara Doñe

Loan has been disbursed Entrepreneur: Beneranda Alcantara Doñe Location: Guanuma, Dominican Republic Thank you for your loan. It has been disbursed to Beneranda Alcantara Doñe 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 Guanuma, Dominican Republic Aug 4, 2008
Comment on this entry

Update on your loan in the Dominican Republic Entrepreneur: Beneranda Alcantara Doñe Location: Guanuma, 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 Beneranda Alcantara Doñe

Show Advanced

	Expected Repayments	Actual Repayments	Comments
November 2008	$58.33	$59.00	Repayment Received
December 2008	$58.33	$59.00	Repayment Received
January 2009	$58.33	$57.00	Repayment Received
February 2009	$58.33	$58.33	Repayment Received
March 2009	$58.33	$0.00	Delinquent
April 2009	$58.35	$0.00	Delinquent
December 2009	$0.00	$5.05