Felina Petidos

Status: Ended with Loss - Defaulted

$250.00		Loan Request
$130.41		Paid Back

About the Entrepreneur

Name:	Felina Petidos
Location:	Pedro Brand, Santo Domingo, Dominican Republic
Activity:	Food Production/Sales

About the Loan

Loan Amount:	$250.00
Loan Use:	Purchase of raw materials to produce fried dishes for her customers.
Repayment Term:	8 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Aug 15, 2008
Date Disbursed:	Aug 30, 2008
Date Funded:	Aug 16, 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

Felina grows and sells fried plantains, potatoes, salamis and natural juices to people in her community. This activity is the principal means of support of her family, and she would like to increase her business volume so that she can improve her children's living conditions. Felina explains that the new school year is fast approaching, and she's not ready yet to support the children. She plans on using the loan requested to purchase more raw materials, so that she can increase her productions and thus improve her revenue. Felina says that she'll keep working hard to move her business forward and to help her children become good professionals.

Lenders to this entrepreneur

He Just Laughs
Jersey City, NJ
United States

Brian
Chicago, IL
United States

Tony
chula vista, CA
United States

Chester
Houston, TX
United States

Bob
randolph, NJ
United States

Kenneth
LONGWOOD, FL
United States

Martin
Randolph, NJ
United States

Journal entries for Felina Petidos

Loan has been disbursed Entrepreneur: Felina Petidos Location: Pedro Brand, Santo Domingo, Dominican Republic Thank you for your loan. It has been disbursed to Felina Petidos 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: Felina Petidos 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 (58)

Repayment Schedule for Felina Petidos

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