Jose Angel Rivas


Status: Paying Back

$700.00   Loan Amount
20% repaid

About the Entrepreneur

Name: Jose Angel Rivas
Location: Tegucigalpa, Honduras
Activity: Plastics Sales

About the Loan

Loan Amount: $700.00
Loan Use: Purchase merchandise to restock his business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 21, 2009
Date Disbursed: Aug 21, 2009
Date Funded:Aug 26, 2009

About the Country

Country:Honduras
Avg Annual Income:$3,009.00
Currency:Honduras Lempiras (HNL)
Exchange Rate:18.8900 HNL = 1 USD



Don Angel is 50 years old and sells plastic products such as basins, buckets, wastebaskets, hampers, clothes hangers, storage containers, etc. He has been selling these products for several years from a market in the city of Comayaguela. His business is open Monday through Saturday. He wakes up early in the morning so that he can leave for work.


He lives with his wife and 8 year old daughter, who is a 2nd grade student. His wife helps him sell products during the tourist season. Since he was a young man, Don Angel has enjoyed sales. He is requesting a loan to restock his business so that he can generate higher profits.

Translated from Spanish by Ronan Reodica, Kiva Volunteer


Don Angel tiene 50 años de edad, el se dedica a la venta de productos plasticos como ser pailas, baldes, papeleras, canastas tortilleras, ganchos para ropa, rayadores, pascones etc.
tiene varios años de vender su producto en un mercado de la ciudad de comayaguela, los dias que vende es de lunes a sabado. desde muy temprano se levanta para ir a su negocio.
el vive con su esposa y su hija de 8 años, su hija esta en la escuela cursando el 2 grado de educacion primaria.
su esposa lo apoy a a vender el producto cuando es temporada alta.
a don Angel desde niño le han gustado las ventas, el necesita el credito para surtir mas su negocio y asi obtener mejores utilidades.

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Journal entries for Jose Angel Rivas


Loan has been disbursed
 
Entrepreneur: Jose Angel Rivas
Location: Tegucigalpa, Honduras

Thank you for your loan. It has been disbursed to Jose Angel Rivas by Prisma Honduras, S.A. in Honduras. We are excited to watch this business grow. Over the 12 months of this loan, Prisma Honduras, S.A. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tegucigalpa, Honduras
Aug 27, 2009
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Kiva Help Repayment Schedule for Jose Angel Rivas

  Expected Repayments Actual Repayments Comments
November 2009 $58.33 $87.50 Repayment Received
December 2009 $58.34 $58.33 Repayment Received
January 2010 $58.33 Available Jan 1  
February 2010 $58.33 Available Feb 1  
March 2010 $58.34 Available Mar 1  
April 2010 $58.33 Available Apr 1  
May 2010 $58.33 Available May 1  
June 2010 $58.34 Available Jun 1  
July 2010 $58.33 Available Jul 1  
August 2010 $58.33 Available Aug 1  
September 2010 $58.33 Available Sep 1  
October 2010 $58.34 Available Oct 1