Jose Angel Rivas
Status: Paid Back
| $550.00 | Loan Request | |
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| $550.00 | Paid Back |
About the Entrepreneur
| Name: | Jose Angel Rivas |
|---|---|
| Location: | Tegucigalpa, Honduras |
| Activity: | Plastics Sales |
About the Loan
| Loan Amount: | $550.00 |
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| Loan Use: | Purchasing various plastic items |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 11, 2009 |
| Date Disbursed: | Apr 7, 2009 |
| Date Funded: | Apr 17, 2009 |
| Loan Ended: | Sep 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Prisma Honduras, S.A. |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 16 months |
| Kiva Entrepreneurs: | 956 |
| Total Loans: | $446,200 |
| Delinquency Rate: | 0.73% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Honduras |
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| Avg Annual Income: | $3,009.00 |
| Currency: | Honduras Lempiras (HNL) |
| Exchange Rate: | 18.8862 HNL = 1 USD |
Mr. Jose Angel Rivas sells plastic items like buckets, hangers, graters, baskets, and so on. He has been doing this for several years and has a stand in a large market in the capital city. There is substantial demand for the merchandise he sells; moreover, he has a lot of variety, which helps his merchandise sell well. He has to travel to buy his products; consequently, he is asking for a loan so that he can buy a lot of merchandise at once and thus save on travel expenses and pay less by buying in bulk.
El Sr. jose Angel rivas se dedica a la venta de articulos de plastico como ser baldes, pailas, ganchos, rayadores, canastas y otros, dicha actividad la realiza hace varios años y tiene su puesto de ventas en el mercado nacional de la ciudad capital, el tiene bastante demanda con los articulos que vende y tiene mucha variedad lo que le ayuda a tener muy buenas ventas. el tiene que viajar para comprar su producto y por eso es que necesita el credito para comprar mucha mercaderia y asi no tener que invertir dinero en gastos de viaje, ademas que comprando el producto por grandes cantidades es mas barato y se tienen mas ganancias.
Translated from Spanish by Susanna Heinz, Kiva Volunteer
El Sr. jose Angel rivas se dedica a la venta de articulos de plastico como ser baldes, pailas, ganchos, rayadores, canastas y otros, dicha actividad la realiza hace varios años y tiene su puesto de ventas en el mercado nacional de la ciudad capital, el tiene bastante demanda con los articulos que vende y tiene mucha variedad lo que le ayuda a tener muy buenas ventas. el tiene que viajar para comprar su producto y por eso es que necesita el credito para comprar mucha mercaderia y asi no tener que invertir dinero en gastos de viaje, ademas que comprando el producto por grandes cantidades es mas barato y se tienen mas ganancias.
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Journal entries for Jose Angel Rivas
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Loan has been disbursed
Location: Tegucigalpa, Honduras
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Posted by
from Tegucigalpa, Honduras
Apr 18, 2009 |
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Comment on this entry
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Repayment Schedule for Jose Angel Rivas
Repayment Schedule for Jose Angel Rivas
| Expected Repayments | Actual Repayments | Comments | |||
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| July 2009 | $68.75 | $137.50 |  Repayment Received
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| August 2009 | $68.75 | $68.75 | Repayment Received
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| September 2009 | $68.75 | $68.75 | Repayment Received
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| October 2009 | $68.75 | $275.00 | Repayment Received
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| November 2009 | $68.75 | $0.00 | Repayment Received
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| December 2009 | $68.75 | Available Dec 1 | Repayment Received
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| January 2010 | $68.75 | Available Jan 1 | Repayment Received
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| February 2010 | $68.75 | Available Feb 1 | Repayment Received
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