Aloida Figuereo Guzman


Status: Ended with Loss - Defaulted

$525.00   Loan Request
$106.43   Paid Back

About the Entrepreneur

Name: Aloida Figuereo Guzman
Location: San Cristobal, Dominican Republic
Activity: Sewing

About the Loan

Loan Amount: $525.00
Loan Use: Purchase of cloth and other materials for her dressmaking activities
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 27, 2008
Date Disbursed: Oct 11, 2008
Date Funded:Sep 27, 2008

About the Country

Country:Dominican Republic
Avg Annual Income:$7,611.00
Currency:Dominican Republic Pesos (DOP)
Exchange Rate:34.9815 DOP = 1 USD



Aloida is 23 years old and a promising entrepreneur. She's a dressmaker and has started a small shop to offer her services to people in her community.



Aloida is single and lives with her six brothers and sisters. Aloida predominantly sews dresses according to specific requirements of her customers, but she also produces some nice shirts and pants which she offers to people in the neighborhood.



This loan is to buy cloth, clothing thread, and various materials that the dressmaker needs to operate her business. Aloida wants to attract more people to her small shop so that she can increase her earnings. This will help her to keep supporting her Computer Science studies at the university in Santo Domingo.


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Journal entries for Aloida Figuereo Guzman


Loan has been disbursed
 
Entrepreneur: Aloida Figuereo Guzman
Location: San Cristobal, Dominican Republic

Thank you for your loan. It has been disbursed to Aloida Figuereo Guzman 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 San Cristobal, Dominican Republic
Oct 11, 2008
Comment on this entry

Update on your loan in the Dominican Republic
 
Entrepreneur: Aloida Figuereo Guzman
Location: San Cristobal, 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)

Kiva Help Repayment Schedule for Aloida Figuereo Guzman

  Expected Repayments Actual Repayments Comments
January 2009 $87.50 $87.50 Repayment Received
February 2009 $87.50 $0.00 Delinquent
March 2009 $87.50 $0.00 Delinquent
April 2009 $87.50 $0.00 Delinquent
May 2009 $87.50 $0.00 Delinquent
June 2009 $87.50 $0.00 Delinquent
December 2009 $0.00 $18.93