Felix Torrez

Status: Paid Back

$1,000.00		Loan Request
$1,000.00		Paid Back

About the Entrepreneur

Name:	Felix Torrez
Location:	La Paz, Bolivia
Activity:	Tailoring

About the Loan

Loan Amount:	$1,000.00
Loan Use:	Working capital
Repayment Term:	20 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Sep 15, 2007
Date Disbursed:	Sep 29, 2007
Date Funded:	Sep 15, 2007
Loan Ended:	Apr 15, 2009

About the Field Partner

Field Partner:

IMPRO

Field Partner Risk Rating:

(Learn more)

Active

31 months

1674

$829,675

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Bolivia
Avg Annual Income:	$2,817.00
Currency:	United States Dollars (USD)

Felix has a tailor shop where he makes sportswear, short vests, and sweatshirts. His home and workshop are located in the 14th of September neighborhood of the city of La Paz. This is the fifth time he has requested a loan from our institution. He has been a client of ours since 2005. His history with our institution qualifies him as a level-1 client, which is to say he has good compliance in the repayment of his debt. The amount he is requesting will be used to buy basic materials (fabric, lining, thread, interfacing).

His work and credit histories allow him to accept this loan, since he has experience in this business, and it gives him income to cover the loan.

(Translated from the Spanish by Naomi Johnson, Kiva volunteer)

Felix tiene un taller de costura donde elabora ropa deportiva, chalecos cortos y buzos.
Su domicilio y taller se encuentran ubicados en la zona 14 de septiembre de la ciudad de La Paz.
Es quinta vez que solicita un crédito de nuestra institución. Es cliente nuestro desde el año 2005. Su historial en nuestra institución lo califica como cliente 1, es decir con cumplimiento bueno en el pago de su obligación. El monto solicitado será destinado compra de materia Prima.( tela, forro, hilo, pellon)

Sus antecedentes crediticios y trabajo le permiten acceder a este crédito ya que tiene experiencia en su negocio, el cual le da ingresos para cubrir el préstamo.

Lenders to this entrepreneur

Nabil
Dunkirk, NY
United States

Chris
Fort Gratiot Township, Mich.
United States

Jeanie
Laguna Niguel, CA USA
United States

antonio and olga
menlo park, CA
United States

SCHC
Powell River, British Columbia
Canada

peter
Seattle, WA
United States

Elaine & David
Los Angeles, CA
United States

Aaron Lemur Mintz
Corner Brook, Newfoundland
Canada

Erima
Midlothian, VA
United States

Anna
NEWPORT BEACH, CA
United States

Kelly
Stockbridge, GA
United States

King Theo
Vancouver, BC
Canada

Mark & Mary
WHARTON, NJ
United States

Seybrun
Wichita,, KS
United States

Mark
St. Helena, CA
United States

Joel
Oldsmar, FL
United States

ChrisNEvelyn
Bethlehem, PA
United States

Andrew
Durham, NC
United States

Sigridur
Reykjavik,
Iceland

Jane
Marlton, NJ
United States

PROGRAM Realty, LLC
Port Charlotte, FL
United States

Gary
Calgary, Alberta
Canada

Parag
HUNTLEY, IL
United States

Mary Ann

Elle Peji
San Diego, California
United States

Christopher
Larkspur, CA
United States

Ken
Oradell, NJ
United States

Jasmine & Brad
Elberta, AL
United States

Jonas
Kopavogur,
Iceland

Jeni
SAN DIEGO, CA
United States

Journal entries for Felix Torrez

Loan has been disbursed Entrepreneur: Felix Torrez Location: La Paz, Bolivia Thank you for your loan. It has been disbursed to Felix Torrez by IMPRO in Bolivia. We are excited to watch this business grow. Over the next 18 - 24 months, IMPRO will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from La Paz, Bolivia Sep 30, 2007
Comments (3)

Update Entrepreneur: Felix Torrez Location: La Paz, Bolivia Felix appreciates the help from Kiva he is happy to have another institution that is ready to support him. He is a smart businessman few weeks ago he made good money because of the carnivals (you know making customes) he is using the basic materials (fabric, lining, thread) he bought with the credit (which is paid in a 22%) and he -as usual- is paying on time.
Posted by Jose Jimenez from La Paz, Bolivia Feb 18, 2008
Comments (1)

UPDATE Entrepreneur: Felix Torrez Location: La Paz, Bolivia Felix is using the basic materials (fabric, lining, thread) he bought with the credit Now he is working with schoolar students making uniforms and stuff related now parades are coming (without going so far march 23 was the day of the bolivian sea or cost lost in the war with Chile for instance) so he is moving to get more clients. NOW THE LOAN IS 28% RE PAID.
Posted by Jose Jimenez from La Paz, Bolivia Mar 24, 2008
Comment on this entry

Update Entrepreneur: Felix Torrez Location: La Paz, Bolivia Right now Felix got a contract to make some t-shirts for some graduation class from one public school of La Paz. He got the contrat because he nows the principal of the school and he strongly recomended his work. Now the loan is 45% re paid. We also have to tell you that Felix is one of our best clients.
Posted by Jose Jimenez from La Paz, Bolivia Jun 11, 2008
Comments (1)

Update Entrepreneur: Felix Torrez Location: La Paz, Bolivia The loan is 50% re paid now. We have to tell you that Felix is one of our best clients and he is working with us since a long time
Posted by Jose Jimenez from La Paz, Bolivia Jul 24, 2008
Comment on this entry

Update Entrepreneur: Felix Torrez Location: La Paz, Bolivia The loan is 62% re paid now
Posted by Jose Jimenez from La Paz, Bolivia Sep 29, 2008
Comment on this entry

Repayment Schedule for Felix Torrez

Show Advanced

	Expected Repayments	Actual Repayments	Comments
December 2007	$55.56	$56.00	Repayment Received
January 2008	$55.56	$0.00	Repayment Received
February 2008	$55.56	$112.00	Repayment Received
March 2008	$55.56	$56.00	Repayment Received
April 2008	$55.56	$56.00	Repayment Received
May 2008	$55.56	$56.00	Repayment Received
June 2008	$55.56	$56.00	Repayment Received
July 2008	$55.56	$56.00	Repayment Received
August 2008	$55.56	$56.00	Repayment Received
September 2008	$55.56	$56.00	Repayment Received
October 2008	$55.56	$56.00	Repayment Received
November 2008	$55.56	$56.00	Repayment Received
December 2008	$55.56	$51.00	Repayment Received
January 2009	$55.56	$54.84	Repayment Received
February 2009	$55.56	$55.56	Repayment Received
March 2009	$55.56	$55.56	Repayment Received
April 2009	$55.56	$55.56	Repayment Received
May 2009	$55.48	$55.48	Repayment Received