Rodney
Status: Paying Back
| $10,000.00 | Loan Amount |
|---|
0% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Rodney |
|---|---|
| Location: | Gilroy, Ca, United States |
| Activity: | Metal Shop |
About the Loan
| Loan Amount: | $10,000.00 |
|---|---|
| Loan Use: | To purchase inventory |
| Repayment Term: | 39 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Oct 2, 2009 |
| Date Disbursed: | Sep 24, 2009 |
| Date Funded: | Oct 15, 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) |
Rodney started his sheet metal business, Clore Sheet Metal, in 2007 after having worked with his uncle for ten years in the same industry.
In a short period of time, Rodney grew his business into a successful enterprise. He considers himself a fighter; he has acquired numerous contracts and has expanded his business despite the downturn in the economy. Today, he needs $10,000 to finance more growth and to purchase inventory.
In the future, Rodney hopes to keep his business growing, with the goal of hiring others to create jobs in his community. After being denied at his bank for a line of credit because of his credit score, he is relieved to know that there are organizations out there that trust his abilities and are willing to give him a chance.
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."
In a short period of time, Rodney grew his business into a successful enterprise. He considers himself a fighter; he has acquired numerous contracts and has expanded his business despite the downturn in the economy. Today, he needs $10,000 to finance more growth and to purchase inventory.
In the future, Rodney hopes to keep his business growing, with the goal of hiring others to create jobs in his community. After being denied at his bank for a line of credit because of his credit score, he is relieved to know that there are organizations out there that trust his abilities and are willing to give him a chance.
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 Rodney
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Loan has been disbursed
Location: Gilroy, Ca, United States
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Posted by
from Gilroy, Ca, United States
Oct 16, 2009 |
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Comment on this entry
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Repayment Schedule for Rodney
Repayment Schedule for Rodney
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $217.10 | Available Jan 1 | |||
| February 2010 | $256.15 | Available Feb 1 | |||
| March 2010 | $255.83 | Available Mar 1 | |||
| April 2010 | $257.19 | Available Apr 1 | |||
| May 2010 | $263.21 | Available May 1 | |||
| June 2010 | $259.96 | Available Jun 1 | |||
| July 2010 | $262.81 | Available Jul 1 | |||
| August 2010 | $262.74 | Available Aug 1 | |||
| September 2010 | $265.51 | Available Sep 1 | |||
| October 2010 | $265.55 | Available Oct 1 | |||
| November 2010 | $266.97 | Available Nov 1 | |||
| December 2010 | $269.62 | Available Dec 1 | |||
| January 2011 | $269.82 | Available Jan 1 | |||
| February 2011 | $272.40 | Available Feb 1 | |||
| March 2011 | $272.71 | Available Mar 1 | |||
| April 2011 | $274.16 | Available Apr 1 | |||
| May 2011 | $278.62 | Available May 1 | |||
| June 2011 | $277.10 | Available Jun 1 | |||
| July 2011 | $279.48 | Available Jul 1 | |||
| August 2011 | $280.06 | Available Aug 1 | |||
| September 2011 | $282.36 | Available Sep 1 | |||
| October 2011 | $283.06 | Available Oct 1 | |||
| November 2011 | $284.56 | Available Nov 1 | |||
| December 2011 | $286.74 | Available Dec 1 | |||
| January 2012 | $287.60 | Available Jan 1 | |||
| February 2012 | $289.70 | Available Feb 1 | |||
| March 2012 | $290.68 | Available Mar 1 | |||
| April 2012 | $292.22 | Available Apr 1 | |||
| May 2012 | $294.60 | Available May 1 | |||
| June 2012 | $295.35 | Available Jun 1 | |||
| July 2012 | $297.23 | Available Jul 1 | |||
| August 2012 | $298.50 | Available Aug 1 | |||
| September 2012 | $300.30 | Available Sep 1 | |||
| October 2012 | $301.69 | Available Oct 1 | |||
| November 2012 | $303.29 | Available Nov 1 | |||
| December 2012 | $305.13 | Available Dec 1 | |||
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