José Luis Ruiz Rodríguez


Status: Paying Back

$525.00   Loan Amount
33% repaid

About the Entrepreneur

Name: José Luis Ruiz Rodríguez
Location: Nuevo Laredo, Mexico
Activity: Auto Repair

About the Loan

Loan Amount: $525.00
Loan Use: Initiate the deed to his property & purchase tools for his business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 20, 2009
Date Disbursed: Jun 17, 2009
Date Funded:Jul 21, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:13.5612 MXN = 1 USD



Sr. José Luis Ruiz is a family man. Fifteen years ago, he acquired the land on which he is built his house. He took out three previous loans with FVP to finance the construction, and all were paid on time. He is requesting a new loan so that he can file the deed to his property.


Don José is an auto mechanic by trade, but he does not have the most modern tools.


At the moment, he does not have the money to carry out the processing of the deed or to purchase new tools. That’s why he is requesting this loan, and he will make the payments using the earnings from his business.

Translated from Spanish by Ronan Reodica, Kiva Volunteer


El señor José Luis Ruiz es padre de familia y tiene ya 15 años que adquirió un terreno en el cual fue construyendo su casa con tres créditos que ha tenido con FVP, los cuales ha pagado puntual mente. Ahora está solicitando nueva mente un préstamo para poder escriturar la propiedad.
También a su negocio de mecánica (Reparación de Autos) le está haciendo falta herramienta más moderna.
Pero en esté momento no cuenta con el dinero necesario para llevar acabo el tramite de las escrituras y la comprar de la herramienta, es por eso que solicita el crédito, y desea pagarlo con los ingresos de obtiene del negocio.

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Journal entries for José Luis Ruiz Rodríguez


Loan has been disbursed
 
Entrepreneur: José Luis Ruiz Rodríguez
Location: Nuevo Laredo, Mexico

Thank you for your loan. It has been disbursed to José Luis Ruiz Rodríguez 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 Nuevo Laredo, Mexico
Jul 22, 2009
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Kiva Help Repayment Schedule for José Luis Ruiz Rodríguez

  Expected Repayments Actual Repayments Comments
September 2009 $43.75 $43.75 Repayment Received
October 2009 $43.75 $43.75 Repayment Received
November 2009 $43.75 $43.75 Repayment Received
December 2009 $43.75 $43.75 Repayment Received
January 2010 $43.75 Available Jan 1  
February 2010 $43.75 Available Feb 1  
March 2010 $43.75 Available Mar 1  
April 2010 $43.75 Available Apr 1  
May 2010 $43.75 Available May 1  
June 2010 $43.75 Available Jun 1  
July 2010 $43.75 Available Jul 1  
August 2010 $43.75 Available Aug 1