Juan Diego Ortiz Bulux


Status: Paying Back

$675.00   Loan Amount
23% repaid

About the Entrepreneur

Name: Juan Diego Ortiz Bulux
Location: Totonicapan, Guatemala
Activity: Textiles

About the Loan

Loan Amount: $675.00
Loan Use: Buy raw materials
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 14, 2009
Date Disbursed: Jul 9, 2009
Date Funded:Jul 15, 2009

About the Country

Country:Guatemala
Avg Annual Income:$4,155.00
Currency:Guatemala Quetzales (GTQ)
Exchange Rate:8.1615 GTQ = 1 USD



Don Juan Ortiz is 27 years old and lives with his wife and children. He is a tailor by profession and owns a three-machine shop called "Confección de Playeras". He and his wife work in the same office with their two employees. “Playeras” has been in business for 6 years and operates from his home situated in Paraje Pacoc Siguán Cantón Poxlajuj in the Totonicapán district of Guatemala.


Now that customer demand has increased, he does not have sufficient capital to grow his business. He has applied for a loan from Asociación ASDIR with the intention of purchasing raw materials, which will result in increased sales. He also hopes that his family will be successful and experience better living conditions.

Translated from Spanish by Ronan Reodica, Kiva Volunteer


Don Juan Ortiz tiene 27 años de edad, es casado de oficios Sastre, “Confección de Playeras” cuenta con un taller de 3 maquinas, habita junto a su esposa e hijos, él y su esposa se dedican al mismo oficio cuentan con dos empleados para la misma actividad, lleva 6 años de elaborar Playeras en su residencia que se encuentra en el Paraje Pacoc Siguán Cantón Poxlajuj, del departamento de Totonicapán, Guatemala, actualmente la demanda de su clientela a crecido, pero las condiciones económicas en que se encuentra no son suficientes para que el pueda aumentar su capital, por tal razón acudió a la Asociación ASDIR, a solicitar un préstamo, con la intención de comprar materia prima y de esa manera poder aumentar sus ventas, esperando también poder sacar adelante a su familia, y que tengan mejores condiciones de vida

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Journal entries for Juan Diego Ortiz Bulux


Loan has been disbursed
 
Entrepreneur: Juan Diego Ortiz Bulux
Location: Totonicapan, Guatemala

Thank you for your loan. It has been disbursed to Juan Diego Ortiz Bulux by Asociación ASDIR in Guatemala. We are excited to watch this business grow. Over the 12 months of this loan, Asociación ASDIR will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Totonicapan, Guatemala
Jul 16, 2009
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Kiva Help Repayment Schedule for Juan Diego Ortiz Bulux

  Expected Repayments Actual Repayments Comments
October 2009 $51.92 $51.92 Repayment Received
November 2009 $51.92 $51.92 Repayment Received
December 2009 $51.92 $51.92 Repayment Received
January 2010 $51.92 Available Jan 1  
February 2010 $51.92 Available Feb 1  
March 2010 $51.92 Available Mar 1  
April 2010 $51.92 Available Apr 1  
May 2010 $51.92 Available May 1  
June 2010 $51.92 Available Jun 1  
July 2010 $51.92 Available Jul 1  
August 2010 $51.92 Available Aug 1  
September 2010 $51.92 Available Sep 1  
October 2010 $51.96 Available Oct 1