Maria Issaura Cabrera

Status: Ended with Loss - Defaulted

$400.00		Loan Request
$208.65		Paid Back

About the Entrepreneur

Name:	Maria Issaura Cabrera
Location:	San Cristobal, Dominican Republic
Activity:	Jewelry

About the Loan

Loan Amount:	$400.00
Loan Use:	To expand her small busines of selling jewelry and shoes.
Repayment Term:	9 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Aug 1, 2008
Date Disbursed:	Aug 15, 2008
Date Funded:	Aug 1, 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:	34.5280 DOP = 1 USD

Maria Issaura is twenty years old and a promising entrepreneur. She sells shoes and silver-plated jewelry in the Hato Nuevo community of San Cristobal. Maria operates her business mainly from her childhood home, but also visits regular customers at their homes, and sells in her university. Actually, Marisa has recently started studying computer networks, and her business is supporting the cost of her studies.
With her loan, the entrepreneur will buy more goods to add to her stock in order to increase her sales volume, and thus her income. Maria Issaura wants to be a good professional in life, and she says she’ll keep working hard so that her business can allow her to reach her goal.

Lenders to this entrepreneur

Donna
Reston, VA
United States

Michael
Västra Frölunda,
Sweden

Heather
Mount Vernon, OH
United States

Matthew
Winter Park, FL
United States

North Ga Coll & State U
DAHLONEGA, GA
United States

Sharon
Poway, CA
United States

Sarah
Berkeley, CA
United States

Bård
Holter, Akershus
Norway

Kent
St. Paul, KS
United States

Anonymous
Harpers Ferry, WV
United States

Karen
Collegeville, PA
United States

indieSpring
Flixton, Manchester
United Kingdom

Journal entries for Maria Issaura Cabrera

Loan has been disbursed Entrepreneur: Maria Issaura Cabrera Location: San Cristobal, Dominican Republic Thank you for your loan. It has been disbursed to Maria Issaura Cabrera 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 Cristobal, Dominican Republic Aug 16, 2008
Comment on this entry

Update on your loan in the Dominican Republic Entrepreneur: Maria Issaura Cabrera Location: San Cristobal, 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 Maria Issaura Cabrera

Show Advanced

	Expected Repayments	Actual Repayments	Comments
November 2008	$66.67	$67.00	Repayment Received
December 2008	$66.67	$67.00	Repayment Received
January 2009	$66.67	$66.00	Repayment Received
February 2009	$66.67	$0.00	Delinquent
March 2009	$66.67	$0.00	Delinquent
April 2009	$66.65	$0.00	Delinquent
December 2009	$0.00	$8.65