Oscar Rafael Sic Pacheco


Status: Paying Back

$625.00   Loan Amount
24% repaid

About the Entrepreneur

Name: Oscar Rafael Sic Pacheco
Location: Totonicapan, Guatemala
Activity: Weaving

About the Loan

Loan Amount: $625.00
Loan Use: Buy raw materials
Repayment Term: 14 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



Sr. Oscar Sic is 27 years old and married. He is a weaver by profession and makes “traditional women’s skirts”. Together with his wife, they operate a 2 loom workshop and have one employee. For six years they have been making skirts out of their home in the Tzansiguan neighborhood in the village of Vásquez, Totonicapán district, Guatemala. Now that customer demand has increased, they do not have sufficient finances to grow their business. For this reason, Sr. Oscar has requested a loan from Asociación ASDIR to buy raw materials needed to increase his sales.

Translated from Spanish by Ronan Reodica, Kiva Volunteer


El señor Oscar Sic tiene 27 años de edad, es Casado de oficios tejedor, “elaboración de cortes típicos para mujeres” cuenta con un taller de 2 telares, habita junto a sus esposa, él y su esposa se dedican al mismo oficio cuentan con un empleado para la misma actividad, lleva 6 años de elaborar cortes en su residencia que se encuentra en el Caserío Tzansiguan, Aldea Vásquez, 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.

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Journal entries for Oscar Rafael Sic Pacheco


Loan has been disbursed
 
Entrepreneur: Oscar Rafael Sic Pacheco
Location: Totonicapan, Guatemala

Thank you for your loan. It has been disbursed to Oscar Rafael Sic Pacheco by Asociación ASDIR in Guatemala. We are excited to watch this business grow. Over the 11 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 Oscar Rafael Sic Pacheco

  Expected Repayments Actual Repayments Comments
October 2009 $52.08 $52.08 Repayment Received
November 2009 $52.08 $52.08 Repayment Received
December 2009 $52.08 $52.08 Repayment Received
January 2010 $52.08 Available Jan 1  
February 2010 $52.08 Available Feb 1  
March 2010 $52.08 Available Mar 1  
April 2010 $52.08 Available Apr 1  
May 2010 $52.08 Available May 1  
June 2010 $52.08 Available Jun 1  
July 2010 $52.08 Available Jul 1  
August 2010 $52.08 Available Aug 1  
September 2010 $52.12 Available Sep 1