Obdulia


Status: Paying Back

$10,000.00   Loan Amount
10% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Obdulia
Location: Fremont, Ca, United States
Activity: Auto Repair

About the Loan

Loan Amount: $10,000.00
Loan Use: Tools, equipment, and advertising
Repayment Term: 38 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: N/A
Date Listed: Jun 10, 2009
Date Disbursed: Mar 19, 2009
Date Funded:Jun 20, 2009

About the Country

Country:United States
Avg Annual Income:$47,000.00
Currency:United States Dollars (USD)



Obdulia helped support her family with an office job in electronics while her husband worked as a car mechanic. When Obdulia was laid off, she saw an opportunity to combine her office experience with her husband’s automotive skills. Using their savings, they opened Family Auto Repair together in 2007. But their savings were not enough to cover essential tools and advertising, and Obdulia’s application for a bank line of credit was denied, leaving them unable to make key investments in their business.
A $10,000 loan enables Obdulia to build her business because she will be able to pay for the tools they need and advertise Family Auto Repair’s services to the community.




Important Information About This Loan
Kiva realizes that access to credit is a challenge for entrepreneurs everywhere. Kiva started out as a website focused on developing-world entrepreneurs. In June 2009, Kiva began experimenting with allowing entrepreneurs in the United States to raise money on its website. If this is something you support, please feel free to fund this loan. If you have questions, including how an entrepreneur in your neighborhood might get a loan, please visit our Help Center and click on "Loans in the United States."

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Journal entries for Obdulia


Loan has been disbursed
 
Entrepreneur: Obdulia
Location: Fremont, Ca, United States

Thank you for your loan. It has been disbursed to Obdulia by Opportunity Fund in United States. We are excited to watch this business grow. Over the 35 months of this loan, Opportunity Fund will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Fremont, Ca, United States
Jun 21, 2009
Comment on this entry

Kiva Help Repayment Schedule for Obdulia

  Expected Repayments Actual Repayments Comments
September 2009 $271.86 $272.14 Repayment Received
October 2009 $271.49 $271.21 Repayment Received
November 2009 $273.40 $274.01 Repayment Received
December 2009 $277.42 $276.81 Repayment Received
January 2010 $277.28 Available Jan 1  
February 2010 $281.19 Available Feb 1  
March 2010 $281.20 Available Mar 1  
April 2010 $283.18 Available Apr 1  
May 2010 $290.48 Available May 1  
June 2010 $287.21 Available Jun 1  
July 2010 $290.87 Available Jul 1  
August 2010 $291.28 Available Aug 1  
September 2010 $294.83 Available Sep 1  
October 2010 $295.40 Available Oct 1  
November 2010 $297.47 Available Nov 1  
December 2010 $300.87 Available Dec 1  
January 2011 $301.68 Available Jan 1  
February 2011 $304.97 Available Feb 1  
March 2011 $305.95 Available Mar 1  
April 2011 $308.10 Available Apr 1  
May 2011 $313.14 Available May 1  
June 2011 $312.47 Available Jun 1  
July 2011 $315.48 Available Jul 1  
August 2011 $316.88 Available Aug 1  
September 2011 $319.78 Available Sep 1  
October 2011 $321.36 Available Oct 1  
November 2011 $323.62 Available Nov 1  
December 2011 $326.34 Available Dec 1  
January 2012 $328.19 Available Jan 1  
February 2012 $330.80 Available Feb 1  
March 2012 $332.82 Available Mar 1  
April 2012 $335.16 Available Apr 1  
May 2012 $337.83 Available May 1