Miguelina Bautista Feliz

Status: Ended with Loss - Defaulted

$250.00		Loan Request
$130.41		Paid Back

About the Entrepreneur

Name:	Miguelina Bautista Feliz
Location:	Pedro Brand, Santo Domingo, Dominican Republic
Activity:	Shoe Sales

About the Loan

Loan Amount:	$250.00
Loan Use:	To invest in a stock of shoes for her business.
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

Miguelina is a hard-working women striving hard to take care of her family and move a small business forward. She sells women’s wear to her community. Miguelina explains that it's hard to raise her children on her own, but she swears that she won't give up as she wants the kids to become professionals. Miguelina would use the requested loan to buy a new variety of shoes which are currently in high demand. The entrepreneur hopes that her business' continued growth will allow her to earn enough money to repay the loan and to improve her family's living conditions.

Lenders to this entrepreneur

Granger
Austin, TX
United States

He Just Laughs
Jersey City, NJ
United States

Penny
edmonton, Alberta
Canada

Donn and Pat
Santa Rosa, CA
United States

Scott
Santa Barbara, CA
United States

Dave and Marce
Los Angeles, CA
United States

Melind
San Francisco, CA
United States

Journal entries for Miguelina Bautista Feliz

Loan has been disbursed Entrepreneur: Miguelina Bautista Feliz Location: Pedro Brand, Santo Domingo, Dominican Republic Thank you for your loan. It has been disbursed to Miguelina Bautista Feliz 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: Miguelina Bautista Feliz 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 Miguelina Bautista Feliz

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