Idalisia Ramirez

Status: Ended with Loss - Defaulted

$875.00		Loan Request
$456.43		Paid Back

About the Entrepreneur

Name:	Idalisia Ramirez
Location:	Yamasa, Dominican Republic
Activity:	Clothing Sales

About the Loan

Loan Amount:	$875.00
Loan Use:	To replenish her small clothing store
Repayment Term:	8 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jul 28, 2008
Date Disbursed:	Aug 18, 2008
Date Funded:	Aug 4, 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:	34.2919 DOP = 1 USD

Idalisia operates a small clothing store, and she’s taking out her third loan with FSMA. Idalisia had been operating her activity in a public square, but she used her last loan to rent a small establishment for the business. She says that selling clothing in a comfortable establishment has allowed her to capture a big number of customers.

Currently, Idalisia is out of stock of pants and shoes. She’s requesting a loan to buy a greater variety of these goods to add to her inventory in order to keep satisfying her customers' needs.

Idalisia says she’ll keep walking hard to propel her company to new heights.

Lenders to this entrepreneur

Andrew
Felton, CA
United States

Andres, Becky & Cosita
La Crescenta, CA
United States

peter

The Wasiak Foundation
Melbourne, Victoria
Australia

Paula
Port Deposit, MD
United States

Alnore
el dorado hills, CA
United States

Carol

Victoria
Landers, CA
United States

Donald
Chicago, IL
United States

Brian & Gay
Colorado Springs, Colorado
United States

Pete
Brighton,
United Kingdom

howard and maureen
pinole, CA
United States

John
Norwalk, CA
United States

Charles
East Lansing, Michigan
United States

winifred
seattle, WA
United States

Michael & Christa
The Hague, Zuid-Holland
Netherlands

He Just Laughs
Jersey City, NJ
United States

Popi & Nana & Shay
Lafayette, IN
United States

Guy
Gilbert, AZ
United States

Linda
Santa Cruz, CA
United States

r & l
Winter Springs, FL
United States

Dawn

United States

Tom
Atlanta, GA
United States

Karman
Bryan, TX
United States

Grant & Ruth
Niagara-on-the-Lake, ON
Canada

Jennie
Beaverton, OR
United States

Anonymous
Burbank, CA
United States

Polly

Ellen
Winchester, MA
United States

Jenise
Santa Cruz, CA
United States

Raymond
Fort Washington, MD
United States

Bettina & Miguel
Belmont, CA
United States

Beverly
SCOTTSDALE, AZ
United States

Journal entries for Idalisia Ramirez

Loan has been disbursed Entrepreneur: Idalisia Ramirez Location: Yamasa, Dominican Republic Thank you for your loan. It has been disbursed to Idalisia Ramirez 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 Yamasa, Dominican Republic Aug 19, 2008
Comment on this entry

Update on your loan in the Dominican Republic Entrepreneur: Idalisia Ramirez Location: Yamasa, 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 Idalisia Ramirez

Show Advanced

	Expected Repayments	Actual Repayments	Comments
November 2008	$145.83	$146.00	Repayment Received
December 2008	$145.83	$146.00	Repayment Received
January 2009	$145.83	$145.50	Repayment Received
February 2009	$145.83	$0.00	Delinquent
March 2009	$145.83	$0.00	Delinquent
April 2009	$145.85	$0.00	Delinquent
December 2009	$0.00	$18.93