Rosanna Pina De La Cruz

Status: Ended with Loss - Defaulted

$250.00		Loan Request
$130.41		Paid Back

About the Entrepreneur

Name:	Rosanna Pina De La Cruz
Location:	Pedro Brand, Santo Domingo, Dominican Republic
Activity:	Clothing Sales

About the Loan

Loan Amount:	$250.00
Loan Use:	To invest in some stylish pants to add to her inventory.
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

Rosanna is in her late twenties, and she's an active businesswoman who tries hard to succeed in life. Rosanna sells women’s pants and shoes in her community. With her loan, she plans on buying a collection of fashionable pants to add to her stock. Rosanna explains that she has to walk all day long to visit friends and customers in order to sell her goods, as she doesn't have an establishment to run her business. She hopes that someday she'll get enough money to buy a small store so that she can have a comfortable space where customers can easily make their purchases.

Lenders to this entrepreneur

Emily's Family
Santa Barbara, CA
United States

He Just Laughs
Jersey City, NJ
United States

ojas
Pflugerville, TX
United States

Manuel & Elizabeth
Moab, UT
United States

Anonymous
Oslo, Oslo
Norway

Lillian E
New Orleans, LA
United States

Diane
Bartlett, IL
United States

Juho
Helsinki, Uusimaa
Finland

Linda
Renton, WA
United States

Stephen
Brampton, Ontario
Canada

Journal entries for Rosanna Pina De La Cruz

Loan has been disbursed Entrepreneur: Rosanna Pina De La Cruz Location: Pedro Brand, Santo Domingo, Dominican Republic Thank you for your loan. It has been disbursed to Rosanna Pina De La Cruz 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: Rosanna Pina De La Cruz 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 Rosanna Pina De La Cruz

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