Ivelisse Altagracia Recio's Group
Status: Ended with Loss - Defaulted
| $1,400.00 | Loan Request | |
|---|---|---|
| $283.81 | Paid Back |
About the Group
| Group Name: | Ivelisse Altagracia Recio's Group |
|---|---|
| Group Members: |
Isabel Amancio Morillo Petra Alquidania Cabassa Alejandrina Cisnero Juana Aquino Ivelisse Altagracia Recio |
| Location: | San Cristobal, Dominican Republic |
| Activity: | Cafe |
About the Loan
| Loan Amount: | $1,400.00 |
|---|---|
| Loan Use: | To start a small cafeteria in her community |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Sep 26, 2008 |
| Date Disbursed: | Oct 10, 2008 |
| Date Funded: | Sep 26, 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 |
|---|---|
| Avg Annual Income: | $7,611.00 |
| Currency: | Dominican Republic Pesos (DOP) |
| Exchange Rate: | 35.1795 DOP = 1 USD |
Ivelisse says she cooks like nobody's business and she's very confident in her chances of making a big success with her new venture. That way, the entrepreneur will be able to provide a more comfortable lifestyle to her family.
The other members of Ivelisse's group are:
Isabel Amancio Morillo, a beauty products retailer,
Alejandrina Cisnero, a beauty salon owner,
Petra Alquidania Cabassa, who sells clothing and beauty accessories, and
Juana Aquino, who retails women's clothing.
The picture shows from left to right: Isabel, Alejandrina, Ivelisse, Petra and Juana.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
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Journal entries for Ivelisse Altagracia Recio's Group
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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 11, 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 Ivelisse Altagracia Recio's Group
Repayment Schedule for Ivelisse Altagracia Recio's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2009 | $233.33 | $233.33 |  Repayment Received
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| February 2009 | $233.33 | $0.00 |  Delinquent
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| March 2009 | $233.33 | $0.00 | Delinquent
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| April 2009 | $233.33 | $0.00 | Delinquent
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| May 2009 | $233.33 | $0.00 | Delinquent
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| June 2009 | $233.35 | $0.00 | Delinquent
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| December 2009 | $0.00 | $50.48 | |||
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