Miguel Argos


Status: Paid Back

$825.00   Loan Request
$825.00   Paid Back

About the Entrepreneur

Name: Miguel Argos
Location: Guayaquil, Ecuador
Activity: Food Production/Sales

About the Loan

Loan Amount: $825.00
Loan Use: The loan will be used to buy a three wheel cycle for his business selling dairy products
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 20, 2007
Date Disbursed: Nov 5, 2007
Date Funded:Oct 22, 2007
Loan Ended:May 22, 2008

About the Country

Country:Ecuador
Avg Annual Income:$4,776.00
Currency:United States Dollars (USD)



Business Description



Miguel sells dairy products. He started this business 20 years ago thanks to the help of his father, who also worked in the same profession. The business has grown now that his main customers are the large shops in the area. Miguel works as a travelling salesman, always dedicated to his job selling milk, cheese, eggs and dairy snacks.



Use of the Loan



He would like to use the loan to buy a three wheel cart for his business, as well as more merchandise as his customers have recently been asking for new products.



Personal Information



Miguel is 45 years old and has 4 children, the oldest help him with the business. They live together in a home made of cement. His goal is grow his business so that one day he can increase his family's income and have a much better financial situation.




Descripción del Negocio


El Señor Argos se dedica ala venta de productos lácteos, el inicio este negocio hace 20 años gracias a la ayuda de su padre el cual se dedicaba también a esta misma labor, su negocio a crecido ya que sus mayores consumidores son las tiendas del sector, pues don Miguel es un comerciante ambulante que siempre esta dedicado a su labor con mucho empeño, vende queso, leche, huevos y embutidos.



Uso del Préstamo


Quiere usar parte de su crédito para comprar un triciclo y la otra parte en mercadería ya que últimamente sus clientes han realizado nuevos pedidos de nuevos productos. /p>

Información Personal


Tiene 45 años y cuatro hijos, su vivienda es de cemento y en el negocio le ayuda una de sus hijas mayores, su meta es crecer su negocio para un día poder mejorar sus ingresos familiares y de esta manera poder tener una vida económica mucho mejor.



Translated by Kiva volunteer, Emily Charnes


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Lenders to this entrepreneur

Kay
Columbia, MD KivaFriends.org
United States

Joanna
Philadelphia, PA
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Diane R
KivaFriends.org, Santa Clara, CA
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Ruth
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Marty
pittsburgh, PA
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Tracy
APO, AE
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Gregorio
Walnut, CA
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karen
freeport, ME
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Anonymous
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Ray
West Chester, PA
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Carl
Richmond, VA
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Anonymous
Santa Barbara, CA
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Keri
Bettendorf, IA
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nonpublished.com
Miami Beach, FL
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Carolyn
Verbank, NY
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Joint Youth Ministries
Wilton, CT
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Anonymous
Ingoldisthorpe, Norfolk
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Brian and Marisa
Pasadena, CA
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Rafal
Mount Prospect, IL
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Anonymous
Edmonton, Alberta
Canada

Cliff
Cincinnati, OH
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St. David's
Nashville, TN
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Anonymous

Anonymous
Burlingame, CA
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Brad
Vancouver, British Columbia
Canada

Katherine
Emmaus, PA
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Josh
San Francisco, CA
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Howard & Jillian
Vence,
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Anonymous
Los Angeles, CA
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Anita
Houston, TX
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Suresh
Portland, OR
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Journal entries for Miguel Argos


Agradecimientos
 
Entrepreneur: Miguel Argos
Location: Guayaquil, Ecuador

Miguel agradece por el crédito dado por kiva y la red de micro finanzas. ahora puede el ofertar bienes y servicios a la población meta y atender el presupuesto del hogar gracias al crédito recibido que permite generar mas ingresos para el crecimiento del negocio.

www.mifex.org


Posted by Luis Crespo from Guayaquil, Ecuador
Nov 20, 2007
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Kiva Help Repayment Schedule for Miguel Argos

  Expected Repayments Actual Repayments Comments
February 2008 $103.12 $104.00 Repayment Received
March 2008 $103.12 $104.00 Repayment Received
April 2008 $103.12 $104.00 Repayment Received
May 2008 $103.12 $104.00 Repayment Received
June 2008 $103.12 $104.00 Repayment Received
July 2008 $103.12 $305.00 Repayment Received
August 2008 $103.12 $0.00 Repayment Received
September 2008 $103.16 $0.00 Repayment Received