Santa Lucía Martinez

Location:	San Cristobal, Dominican Republic	Repayment Term:	9 months (more info)
Activity:	Food Production/Sales	Repayment Schedule:	Monthly
Loan Use:	To purchase empanada ingredients and bulk clothing	Currency Exchange Loss:	Covered
		Default Protection:	Covered

Santa Lucía lives with her husband and five children in the Cambita community of San Cristobal. She’s been selling empanadas to people in her neighborhood for seven years and now has a well established clientele. Santa Lucía also sells women’s clothing with her husband's help. She rents a small shop and sometimes visits customers' to sell her garments. With her loan, Santa Lucía will buy clothing in bulk to add to her stock in order to increase her sales. Moreover, she’ll buy ingredients to keep producing her delicious empanadas and expand that side of her business.

Lenders to this entrepreneur

Rick
San Francisco, CA
United States

Colin
Los Angeles, CA
United States

Steve
Owings Mills, MD
United States

Anonymous
Fort Wayne, IN
United States

Anonymous
Toronto, Ontario
Canada

John
Madison, WI
United States

Anonymous
Somerville, MA
United States

George
Calgary, Alberta
Canada

Yolanda
Maastricht,
Netherlands

Journal entries for Santa Lucía Martinez

Loan has been disbursed Entrepreneur: Santa Lucía Martinez Location: San Cristobal, Dominican Republic Thank you for your loan. It has been disbursed to Santa Lucía Martinez by Fundación San Miguel Arcángel, Inc. in Dominican Republic. We are excited to watch this business grow. Over the next 6 months, Fundación San Miguel Arcángel, Inc. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from San Cristobal, Dominican Republic Jun 9, 2008
Comment on this entry

Update on your loan in the Dominican Republic Entrepreneur: Santa Lucía Martinez 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 (59)

Repayment Schedule for Santa Lucía Martinez

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	Expected Repayments	Actual Repayments	Comments
September 2008	$50.00	$50.00	Repayment Received
October 2008	$50.00	$50.00	Repayment Received
November 2008	$50.00	$50.00	Repayment Received
December 2008	$50.00	$50.00	Repayment Received
January 2009	$50.00	$50.00	Repayment Received
February 2009	$50.00	$0.00	Delinquent
December 2009	$0.00	$2.16