Venacia Etiene Agustin

Status: Ended with Loss - Defaulted

$350.00		Loan Request
$126.77		Paid Back

About the Entrepreneur

Name:	Venacia Etiene Agustin
Location:	Pedro Brand, Santo Domingo, Dominican Republic
Activity:	Clothing Sales

About the Loan

Loan Amount:	$350.00
Loan Use:	Purchase clothing in order to keep running her small business.
Repayment Term:	9 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Aug 21, 2008
Date Disbursed:	Sep 4, 2008
Date Funded:	Aug 21, 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

Venacia lives in the municipality of Pedro Brand in Santo Domingo, and she sells women's clothing to make a living. As Venacia doesn't have her own store to sell her goods, she has to visit customers, friends and neighbors all day long with the aim of selling her goods. Nonetheless, Venacia hopes that her business keeps growing and she can attain a greater income. Soon, she'll be able to rent or buy a small establishment to run a store. With her loan, the entrepreneur will add a greater stock of clothing to her inventory. Venacia would like to become an important clothing vendor in her community.

Lenders to this entrepreneur

Anonymous
Oslo, Oslo
Norway

He Just Laughs
Jersey City, NJ
United States

Chris
Derby, Derbyshire
United Kingdom

Gerald
Oak Creek, WI
United States

steven
proctorsville, VT
United States

Bob
Glendale, AZ
United States

Anonymous
New York, NY
United States

Roruskrumble Yipkike

Andorra

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

Alan
Sunnyvale, CA
United States

Ellen
Hollis, NH
United States

Karl
St Louis, MO
United States

Dale
Medicine Hat, Alberta
Canada

Journal entries for Venacia Etiene Agustin

Loan has been disbursed Entrepreneur: Venacia Etiene Agustin Location: Pedro Brand, Santo Domingo, Dominican Republic Thank you for your loan. It has been disbursed to Venacia Etiene 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 Sep 4, 2008
Comment on this entry

Update on your loan in the Dominican Republic Entrepreneur: Venacia Etiene 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 Venacia Etiene Agustin

Show Advanced

	Expected Repayments	Actual Repayments	Comments
December 2008	$58.33	$59.00	Repayment Received
January 2009	$58.33	$57.67	Repayment Received
February 2009	$58.33	$0.00	Delinquent
March 2009	$58.33	$0.00	Delinquent
April 2009	$58.33	$0.00	Delinquent
May 2009	$58.35	$0.00	Delinquent
December 2009	$0.00	$10.10