Kiva update on your loan

Trip Start Feb 29, 2008
Trip End Ongoing

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Flag of United States  , New Jersey
Wednesday, November 26, 2008

We've recieved the following sad news:

"This is an update on your loan to in Ecuador.

You may have noticed that repayments on this loan have not been coming in for quite some time. After detailed investigation by Kiva representatives in Ecuador, our team has determined that further repayments on your loan are highly unlikely. Therefore, this loan is now considered to be in default.

Although your loan was not repaid in full in this case, we hope you realize that over 95% of loans have been repaid in full to date on Kiva.
We hope you'll give lending to developing world entrepreneurs another chance in the future. "

That's too bad, this specific loan was already 1/5 paid back, meaning the good will was there.
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