Mariana Hope Martinez
Status: Ended with Loss - Defaulted
| $450.00 | Loan Request | |
|---|---|---|
| $91.23 | Paid Back |
About the Entrepreneur
| Name: | Mariana Hope Martinez |
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| Location: | San Cristobal, Dominican Republic |
| Activity: | Beauty Salon |
About the Loan
| Loan Amount: | $450.00 |
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| Loan Use: | To invest in beauty products for her salon. |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Sep 24, 2008 |
| Date Disbursed: | Oct 8, 2008 |
| Date Funded: | Sep 24, 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 |
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| Avg Annual Income: | $7,611.00 |
| Currency: | Dominican Republic Pesos (DOP) |
| Exchange Rate: | 34.4895 DOP = 1 USD |
Mariana operates a small salon from her parent's home, and she's managed to make it successful for many years. Mariana's biggest dream is to buy an establishment for her salon so that she can offer her services in a more comfortable space. This is the second loan the entrepreneur will receive through Kiva, and she'll invest it in a stock of beauty products and materials to keep operating her salon. Mariana is doing her best to move her business forward and get money to keep supporting her studies so that she can become a good professional.
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Journal entries for Mariana Hope Martinez
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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 9, 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 (58)
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Repayment Schedule for Mariana Hope Martinez
Repayment Schedule for Mariana Hope Martinez
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2009 | $75.00 | $75.00 |  Repayment Received
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| February 2009 | $75.00 | $0.00 |  Delinquent
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| March 2009 | $75.00 | $0.00 | Delinquent
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| April 2009 | $75.00 | $0.00 | Delinquent
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| May 2009 | $75.00 | $0.00 | Delinquent
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| June 2009 | $75.00 | $0.00 | Delinquent
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| December 2009 | $0.00 | $16.23 | |||
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