Lucrecia Martinez Reyes
Status: Ended with Loss - Defaulted
| $825.00 | Loan Request | |
|---|---|---|
| $167.25 | Paid Back |
About the Entrepreneur
| Name: | Lucrecia Martinez Reyes |
|---|---|
| Location: | San Cristobal, Dominican Republic |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $825.00 |
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| Loan Use: | To restock her grocery store in order to make it more profitable. |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Sep 21, 2008 |
| Date Disbursed: | Oct 5, 2008 |
| Date Funded: | Sep 21, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | Fundación San Miguel Arcángel, Inc. (FSMA) |
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| 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 |
|---|---|
| Avg Annual Income: | $7,611.00 |
| Currency: | Dominican Republic Pesos (DOP) |
| Exchange Rate: | 34.3130 DOP = 1 USD |
The injection of capital helped the small entrepreneur to revitalize her business, and since them she's been managing to make it profitable. Currently, Lucrecia's business is in the black, and she wants to work harder in order to increase her sales volume and income. With her loan, she'll buy a large stock of various goods to add to her inventory.
Lucrecia is a trustworthy person, and during her time with our organization she's never failed to repay her loans. As Lucrecia's creditworthiness remains steady, we believe she'll do her utmost to reimburse on the dot this loan which will allow her to improve her business and her family's living conditions.
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Journal entries for Lucrecia Martinez Reyes
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Loan has been disbursed
Location: San Cristobal, Dominican Republic
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Posted by
from San Cristobal, Dominican Republic
Oct 5, 2008 |
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Comment on this entry
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Update on your loan in the Dominican Republic
Location: San Cristobal, 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 (57)
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Repayment Schedule for Lucrecia Martinez Reyes
Repayment Schedule for Lucrecia Martinez Reyes
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2009 | $137.50 | $137.50 |  Repayment Received
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| February 2009 | $137.50 | $0.00 |  Delinquent
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| March 2009 | $137.50 | $0.00 | Delinquent
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| April 2009 | $137.50 | $0.00 | Delinquent
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| May 2009 | $137.50 | $0.00 | Delinquent
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| June 2009 | $137.50 | $0.00 | Delinquent
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| December 2009 | $0.00 | $29.75 | |||
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