William
Status: Paying Back
| $9,800.00 | Loan Amount |
|---|
8% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | William |
|---|---|
| Location: | San Francisco, California, United States |
| Activity: | Services |
About the Loan
| Loan Amount: | $9,800.00 |
|---|---|
| Loan Use: | To pay for insurance for a new location and to expand his business |
| Repayment Term: | 38 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Jul 29, 2009 |
| Date Disbursed: | Jul 22, 2009 |
| Date Funded: | Aug 20, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Opportunity Fund |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Pilot |
| Time On Kiva: | 5 months |
| Kiva Entrepreneurs: | 43 |
| Total Loans: | $257,925 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | United States |
|---|---|
| Avg Annual Income: | $47,000.00 |
| Currency: | United States Dollars (USD) |
William (far left) is pictured here with his father and nephew at the original Gentle Parking location.
“Owning my own business is a vehicle to help. I work with all local businesses and I like to help grow the local economy.”
William is the owner of Gentle Parking, a parking lot management company located in San Francisco, CA. After working in the parking services industry for over ten years, William was excited to start his own business and, in just one year, is already expanding by opening a new lot location. He currently has six employees and hopes to continue providing jobs to the community by growing his business.
William’s credit was severely affected by the recent economic downturn, and finding financing for his business has been nearly impossible. This is his 2nd loan with Opportunity Fund, and the money will help purchase the insurance he needs to keep Gentle Parking in business.
Gentle Parking is an eco-friendly company. All of the parking booths are made out of reclaimed materials and run on solar energy. They also recycle everything from old parking tickets to rubber bands. William is also very focused on helping to grow the local economy and he works with local companies whenever possible. By staying local, William is able to keep costs lower and pass the savings on to his customers who enjoy a lower rate than at competing lots.
Gentle Parking is the sole income for William’s family of 5.
You can learn more about Gentle Parking at: www.gentleparking.com
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."
“Owning my own business is a vehicle to help. I work with all local businesses and I like to help grow the local economy.”
William is the owner of Gentle Parking, a parking lot management company located in San Francisco, CA. After working in the parking services industry for over ten years, William was excited to start his own business and, in just one year, is already expanding by opening a new lot location. He currently has six employees and hopes to continue providing jobs to the community by growing his business.
William’s credit was severely affected by the recent economic downturn, and finding financing for his business has been nearly impossible. This is his 2nd loan with Opportunity Fund, and the money will help purchase the insurance he needs to keep Gentle Parking in business.
Gentle Parking is an eco-friendly company. All of the parking booths are made out of reclaimed materials and run on solar energy. They also recycle everything from old parking tickets to rubber bands. William is also very focused on helping to grow the local economy and he works with local companies whenever possible. By staying local, William is able to keep costs lower and pass the savings on to his customers who enjoy a lower rate than at competing lots.
Gentle Parking is the sole income for William’s family of 5.
You can learn more about Gentle Parking at: www.gentleparking.com
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 William
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Loan has been disbursed
Location: San Francisco, California, United States
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Posted by
from San Francisco, California, United States
Aug 21, 2009 |
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Comment on this entry
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Thank You!
Location: San Francisco, California, United States
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Posted by
Andrea Bouch from San Francisco, California, United States
Aug 21, 2009 |
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Comments (4)
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Repayment Schedule for William
Repayment Schedule for William
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $265.52 | $265.52 |  Repayment Received
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| November 2009 | $260.55 | $260.55 | Repayment Received
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| December 2009 | $261.98 | $262.02 | Repayment Received
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| January 2010 | $261.88 | Available Jan 1 | |||
| February 2010 | $263.27 | Available Feb 1 | |||
| March 2010 | $263.22 | Available Mar 1 | |||
| April 2010 | $263.89 | Available Apr 1 | |||
| May 2010 | $266.53 | Available May 1 | |||
| June 2010 | $265.24 | Available Jun 1 | |||
| July 2010 | $266.53 | Available Jul 1 | |||
| August 2010 | $266.60 | Available Aug 1 | |||
| September 2010 | $267.85 | Available Sep 1 | |||
| October 2010 | $267.96 | Available Oct 1 | |||
| November 2010 | $268.65 | Available Nov 1 | |||
| December 2010 | $269.83 | Available Dec 1 | |||
| January 2011 | $270.02 | Available Jan 1 | |||
| February 2011 | $271.17 | Available Feb 1 | |||
| March 2011 | $271.40 | Available Mar 1 | |||
| April 2011 | $272.09 | Available Apr 1 | |||
| May 2011 | $273.96 | Available May 1 | |||
| June 2011 | $273.49 | Available Jun 1 | |||
| July 2011 | $274.53 | Available Jul 1 | |||
| August 2011 | $274.89 | Available Aug 1 | |||
| September 2011 | $275.89 | Available Sep 1 | |||
| October 2011 | $276.29 | Available Oct 1 | |||
| November 2011 | $277.00 | Available Nov 1 | |||
| December 2011 | $277.93 | Available Dec 1 | |||
| January 2012 | $278.41 | Available Jan 1 | |||
| February 2012 | $279.31 | Available Feb 1 | |||
| March 2012 | $279.83 | Available Mar 1 | |||
| April 2012 | $280.55 | Available Apr 1 | |||
| May 2012 | $281.50 | Available May 1 | |||
| June 2012 | $281.98 | Available Jun 1 | |||
| July 2012 | $282.77 | Available Jul 1 | |||
| August 2012 | $283.42 | Available Aug 1 | |||
| September 2012 | $284.07 | Available Sep 1 | |||
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