Nadalia Etina Agustin

Status: Ended with Loss - Defaulted

$250.00		Loan Request
$130.41		Paid Back

About the Entrepreneur

Name:	Nadalia Etina Agustin
Location:	Pedro Brand, Santo Domingo, Dominican Republic
Activity:	Food Production/Sales

About the Loan

Loan Amount:	$250.00
Loan Use:	Purchase raw materials to keep produce fried dishes.
Repayment Term:	8 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Aug 15, 2008
Date Disbursed:	Aug 29, 2008
Date Funded:	Aug 15, 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:	34.5657 DOP = 1 USD

Nadalia is an experienced businesswoman working her hardest to take care of her family and be successful in life. She sells fried dishes in her community. Nadalia's children to go school, and she says that sometimes it's very hard to maintain the cash flow, and that sometimes she has struggled to provide money for her children's educations. Nadalia would like to considerably increase her income. She's requesting a loan to buy a larger stock of raw materials in order to increase her production and her sales volume. Nadalia hopes that someday she'll get enough money to buy a small establishment to run a comfortable restaurant.

Lenders to this entrepreneur

Granger
Austin, TX
United States

He Just Laughs
Jersey City, NJ
United States

david
ADEL, IA
United States

Raymond
Fort Washington, MD
United States

Jay & Mona
New Franklin, MO
United States

Erin
Snohomish, WA
United States

Journal entries for Nadalia Etina Agustin

Loan has been disbursed Entrepreneur: Nadalia Etina Agustin Location: Pedro Brand, Santo Domingo, Dominican Republic Thank you for your loan. It has been disbursed to Nadalia Etina Agustin 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 Pedro Brand, Santo Domingo, Dominican Republic Aug 30, 2008
Comment on this entry

Update on your loan in the Dominican Republic Entrepreneur: Nadalia Etina Agustin Location: Pedro Brand, 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)

Repayment Schedule for Nadalia Etina Agustin

Show Advanced

	Expected Repayments	Actual Repayments	Comments
November 2008	$41.67	$42.00	Repayment Received
December 2008	$41.67	$42.00	Repayment Received
January 2009	$41.67	$41.00	Repayment Received
February 2009	$41.67	$0.00	Delinquent
March 2009	$41.67	$0.00	Delinquent
April 2009	$41.65	$0.00	Delinquent
December 2009	$0.00	$5.41