Victor Manuel Castañeda Ojeda

Status: Paying Back

$375
Loan Request
Pre-Disbursed : Apr 28, 2009
Listed: Apr 30, 2009
Funded: Apr 30, 2009
66% repaid

About the Country

Country:Mexico
Avg Annual Income:$11,249
Currency:Mexico Pesos (MXN)
Exchange Rate:14.0224 MXN = 1 USD


About the Loan

Location: Piedras Negras, Mexico   Repayment Term: 14 months
(more info)
Activity: Retail   Repayment Schedule: Monthly
Loan Use: Purchase stock in order to re-establish their grocery store   Currency Exchange Loss: Covered
      Default Protection: Not Covered
Victor Manuel lives with his wife, Adelita Mata, and they have a small son. He has worked for a company as a driver for the last 5 years, having the company's confidence as he has already demonstrated loyalty towards them. Adelita is in charge of the family and the home. Previously they had a small grocery shop but for health reasons they decided to close it. Now they are re-starting it up and need a loan in order to buy more merchandise to match those things which their own customers have already been requesting, as they are located in a very good commercial sector in their suburb. This is the reason for arranging this loan.

Translated from Spanish by Katy Long, Kiva Volunteer


El señor Victor Manuel vive con su esposa la señora Adelita Mata y tienen a un hijo pequeño, el trabaja para un empresa como chofer desde hace 5 años, contando con la confianza de la organización ya que demuestra lealtad para ellos; la señora Adelita esta a cargo de de la familia y del hogar. Anteriormente tenían una tiendita de abarrotes pero por motivos de salud decidieron cerrarla, ahora que la están reiniciando requieren para comprar mas mercancía de acuerdo a lo que sus propios clientes le han ido solicitando, ya que se encuentran en un muy buen sector comercial dentro de su colonia.
Este es el motivo por el cual tramitan este crédito.

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Journal entries for Victor Manuel Castañeda Ojeda


Loan has been disbursed
 
Entrepreneur: Victor Manuel Castañeda Ojeda
Location: Piedras Negras, Mexico

Thank you for your loan. It has been disbursed to Victor Manuel Castañeda Ojeda by Fundación para la Vivienda Progresiva (FVP), a partner of CHF International in Mexico. We are excited to watch this business grow. Over the 11 months of this loan, Fundación para la Vivienda Progresiva (FVP), a partner of CHF International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Piedras Negras, Mexico
May 1, 2009
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Kiva Help Repayment Schedule for Victor Manuel Castañeda Ojeda

  Expected Repayments Actual Repayments Comments
August 2009 $34.09 $31.28 Repayment Received
September 2009 $34.09 $36.90 Repayment Received
October 2009 $34.09 $25.58 Repayment Received
November 2009 $34.09 $31.24 Repayment Received
December 2009 $34.09 $0.00 Repayment Received
January 2010 $34.09 $62.50 Repayment Received
February 2010 $34.09 $62.50 Repayment Received
March 2010 $34.09 Available Mar 1  
April 2010 $34.09 Available Apr 1  
May 2010 $34.09 Available May 1  
June 2010 $34.10 Available Jun 1