Nini Guillen's Group

Status: Ended with Loss - Defaulted

$1,475.00		Loan Request
$769.41		Paid Back

About the Group

Group Name:	Nini Guillen's Group
Group Members:	Nana Ifra Dalin Pie Noutha Desir Erma Joseph Nini Guillen
Location:	Santo Domingo, Dominican Republic
Activity:	Food Production/Sales

About the Loan

Loan Amount:	$1,475.00
Loan Use:	To purchase of raw materials to produce cakes, sweeties and natural juices.
Repayment Term:	9 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jul 24, 2008
Date Disbursed:	Aug 12, 2008
Date Funded:	Jul 29, 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:	34.2977 DOP = 1 USD

Nini is the leader of this group of women, all of whom operate small businesses in the Canela community of Santo Domingo. Nini sells cakes, sweeties and natural juices. She started her business two years ago. Nini, as well as the other members of the group, is from Haiti. She moved to Dominican Republic six years ago because she wanted to improve her family’s living conditions and lift her kids out of poverty. When she got to the country, she couldn’t even speak Spanish. Because she had to work to support her family, she learned the language rapidly. She says that one must struggle to succeed in life. Nini is requesting a loan to buy raw materials to keep producing her goods. She hopes that her business will soon allow her to pay the school tuition for her three kids.

The other members of Nini’s group are:
Erma Joseph, who sells fruits and vegetables; Noutha Desir, who sells clothing; Dalin Pie, who sells shoes and tennis shoes; and Nana Ifra, who will buy items for her small cafeteria.
The picture shows from left to right: Nana, Dalin, Noutha, Erma and Nini.

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

Kay
Columbia, MD KivaFriends.org
United States

digitalword
Ottawa, Ontario
Canada

Marco
Occhieppo Superiore, Biella
Italy

D. Gail
Prince George, BC
Canada

Julie
Central, Hong Kong
Hong Kong

Arjan
Putten, Gelderland
Netherlands

Gronstal Cousins
Across the Country,
United States

Mary
Lansing, IL
United States

Roberta

The Schumachers
St. Paul, MN
United States

Joel
Oldsmar, FL
United States

Philip
Markham, Ontario
Canada

Robert
Toronto, Ontario
Canada

Angela
Ottawa, Ontario
Canada

Daniel
Eden Prairie, MN
United States

CruiseCompete.com
Des Moines, IA
United States

Wendy
Edinburgh, Midlothian
United Kingdom

Ted
McLean, VA
United States

Doug & Mary Ann
Niagara Falls, Ontario
Canada

Charlotte
Anchorage, AK
United States

Bruce Chou
Oakdale & Los Angeles & San Jose, CA
United States

Janice & Ken
Toronto, Ontario
Canada

Vamshi
Stanford, CA
United States

John
Winter Park, FL
United States

Victoria
Akron, OH
United States

Andrea
Arlington, VA
United States

Larry
solana beach, CA
United States

Kenneth
Washington, DC
United States

Anonymous
Pickerington, OH
United States

Mileta
Halifax NS, Nova Scotia
Canada

John
Half Moon Bay, CA
United States

Beverly
Gaithersburg, MD
United States

William
Washington, DC
United States

Lynn

ArtBushkin
Vienna, VA
United States

Charles
East Lansing, Michigan
United States

Jacqueline
Defiance, OH
United States

howard and maureen
pinole, CA
United States

Matt
Brisbane, Queensland
Australia

Abigail
Madison, WI
United States

Grant and Lori
Tucson, AZ
United States

Klaus
Wartenberg,
Germany

Richard
Shell Knob, MO
United States

John Aggerholm
Holte, DK
Denmark

Anonymous
Tampa, FL
United States

Eric

John
Aberden, Aberdeen City
United Kingdom

Jillian
Vence,
France

Lily

Canada

Sotirios
Vallendar,
Germany

WILLIAM
Tavernier, FL
United States

Connie
Burlington, VT
United States

Jennifer
Alpharetta, GA
United States

Journal entries for Nini Guillen's Group

Loan has been disbursed Entrepreneur: Nini Guillen's Group Location: Santo Domingo, Dominican Republic Thank you for your loan. It has been disbursed to the group, consisting of Nini Guillen, Erma Joseph, Noutha Desir, Dalin Pie, Nana Ifra 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 Santo Domingo, Dominican Republic Aug 12, 2008
Comments (2)

Update on your loan in the Dominican Republic Entrepreneur: Nini Guillen's Group Location: 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 Nini Guillen's Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
November 2008	$245.83	$246.00	Repayment Received
December 2008	$245.83	$246.00	Repayment Received
January 2009	$245.83	$245.50	Repayment Received
February 2009	$245.83	$0.00	Delinquent
March 2009	$245.83	$0.00	Delinquent
April 2009	$245.85	$0.00	Delinquent
December 2009	$0.00	$31.91