Elsa Franco


Status: Paid Back

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

About the Entrepreneur

Name: Elsa Franco
Location: Caaguazú, Paraguay
Activity: Furniture Making

About the Loan

Loan Amount: $1,000.00
Loan Use: To buy wood
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 26, 2007
Date Disbursed: Oct 11, 2007
Date Funded:Sep 27, 2007
Loan Ended:Sep 28, 2008

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:United States Dollars (USD)



Mrs. Elsa Franco is 36 years old, and she is happily married to 43 year old Mateo Miranda. The couple has four children, who are all students living at home. Elsa began her venture in 1990 as the owner of a small carpentry business that is currently very well equipped with top quality machinery. Recently she began to make fine furniture for commercial sale in large cities like the capital city of Paraguay, Ciudad del Este, among others. She has a truck for deliveries. The couple's dream is to see their children be professionally successful in the future as well. They are asking for a loan to buy pallettes of wood, since today their products demand a higher quality and buying larger quantites requires a larger amount of money.

Translated from Spanish by Sarah Pixler, Kiva Volunteer.



La Sra. Elsa Franco de 36 años de edad, se encuentra felizmente casada con el Sr. Mateo Miranda de 43 años de edad. El matrimonio cuenta con 4 hijos, todos estudiantes y viven con ellos.

Doña Elsa se inicio en este rubro en el año 1990 siendo propietaria de una pequeña carpintería que actualmente se encuentra muy bien equipada y con maquinarias de primera calidad. Posteriormente se dedicaron a la fabricación de muebles finos para la comercialización en grandes ciudades como la capital del Paraguay, Ciudad del Este, entre otros. Y para dicho traslado cuentan con un camión.

El sueño de la pareja es verles a sus hijos que en el futuro sean profesionales exitosos.
El cliente solicita el préstamo para la compra de maderas en rollo, ya que en esta época del año sus productos obtienen una mayor demanda y comprando en grandes cantidades se adquiere una mayor ganancia.


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Lenders to this entrepreneur

Laurence
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Anonymous
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Anonymous
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AJJ
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Bill and Gina
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Nicholas Kristof
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Werner
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Fabienne & Hugues
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Cindy & Chris
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Jason
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Cullen
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Paul
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Patti & Joe
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Journal entries for Elsa Franco


Loan has been disbursed
 
Entrepreneur: Elsa Franco
Location: Caaguazú, Paraguay

Thank you for your loan. It has been disbursed to Elsa Franco by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the next 12 - 18 months, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Denysse Figueredo from Caaguazú, Paraguay
Sep 27, 2007
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Kiva Help Repayment Schedule for Elsa Franco

  Expected Repayments Actual Repayments Comments
December 2007 $0.00 $84.00  
January 2008 $83.33 $84.00 Repayment Received
February 2008 $83.33 $84.00 Repayment Received
March 2008 $83.33 $84.00 Repayment Received
April 2008 $83.33 $84.00 Repayment Received
May 2008 $83.33 $84.00 Repayment Received
June 2008 $83.33 $84.00 Repayment Received
July 2008 $83.33 $84.00 Repayment Received
August 2008 $83.33 $84.00 Repayment Received
September 2008 $83.33 $84.00 Repayment Received
October 2008 $83.33 $84.00 Repayment Received
November 2008 $83.33 $76.00 Repayment Received
December 2008 $83.37 $0.00 Repayment Received