Altagracia Acevedo
Status: Ended with Loss - Defaulted
| $600.00 | Loan Request | |
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| $312.98 | Paid Back |
About the Entrepreneur
| Name: | Altagracia Acevedo |
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| Location: | Pedro Brand, Santo Domingo, Dominican Republic |
| Activity: | Cafe |
About the Loan
| Loan Amount: | $600.00 |
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| Loan Use: | Purchase food ingredients and a large quantity of alcoholic beverages to serve. |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Aug 14, 2008 |
| Date Disbursed: | Aug 29, 2008 |
| Date Funded: | Aug 15, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | Fundación San Miguel Arcángel, Inc. (FSMA) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Closed |
| Time On Kiva: | 29 months |
| Kiva Entrepreneurs: | 2017 |
| Total Loans: | $593,750 |
| Delinquency Rate: | N/A - No Paying Back Loans |
| Default Rate: | 27.80% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Dominican Republic |
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| Avg Annual Income: | $7,611.00 |
| Currency: | Dominican Republic Pesos (DOP) |
| Exchange Rate: | 34.5657 DOP = 1 USD |
She runs a small cafeteria in a small establishment that she bought several years ago. She also sells beer and other alcoholic beverages.
Altagracia says that she has a large clientele who are very satisfied with the quality of her services. The business of selling drinks works very well and, each night, people and friends turn her space into a gathering place, and they seize the opportunity to play dominoes or billiards. Altagracia is thinking about remodeling the space so that it can be more comfortable for her customers, so she can attract new clients.
With her loan,she'll buy more drinks and raw materials to keep producing tasty food for her customers.
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Journal entries for Altagracia Acevedo
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Loan has been disbursed
Location: Pedro Brand, Santo Domingo, Dominican Republic
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Posted by
from Pedro Brand, Santo Domingo, Dominican Republic
Aug 29, 2008 |
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Comment on this entry
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Update on your loan in the Dominican Republic
Location: Pedro Brand, Santo Domingo, Dominican Republic
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Posted by
Michelle May Kreger, Kiva Staff, from San Francisco, United States
Aug 21, 2009 |
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Comments (58)
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Repayment Schedule for Altagracia Acevedo
Repayment Schedule for Altagracia Acevedo
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2008 | $100.00 | $100.00 |  Repayment Received
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| December 2008 | $100.00 | $100.00 | Repayment Received
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| January 2009 | $100.00 | $100.00 | Repayment Received
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| February 2009 | $100.00 | $0.00 |  Delinquent
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| March 2009 | $100.00 | $0.00 | Delinquent
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| April 2009 | $100.00 | $0.00 | Delinquent
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| December 2009 | $0.00 | $12.98 | |||
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