Joel Ibarra


Status: Paid Back

$625.00   Loan Request
$625.00   Paid Back

About the Entrepreneur

Name: Joel Ibarra
Location: Carapegua, Paraguay
Activity: Crafts

About the Loan

Loan Amount: $625.00
Loan Use: To buy bedding and clothing
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 26, 2007
Date Disbursed: Nov 10, 2007
Date Funded:Oct 27, 2007
Loan Ended:Apr 28, 2008

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,949.3500 PYG = 1 USD



Joel Ibarra is 26 years old and lives with his father and child in the town of Carapeguá. Joel lost his mother early in life and thanks to the example of his hardworking father, has been able to continue moving forward and providing for the family. As both a student and a worker,Joel sacrifices a lot in order to achieve economic self-sufficiency.



Joel is well known in the area. He began working by establishing an office supply store, which he runs out of his house. Unfortunately, this business did not turn out as well as initially expected and he decided to change. He then began selling local crafts from a mobile stand. He has been doing this for the past three years.



Joel has requested a loan to buy bedding and clothing that he can sell from his stand. In this way he will be able to increase the variety and quantity of goods he sells and continue to grow as a micro-entrepreneur.


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Lenders to this entrepreneur

Connie & Steve
Renton, WA
United States

festival
Montreal, Quebec
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Mary
New York, NY
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Christopher
Oakley, CA
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Whocarez
Hellevoetsluis, Zuid-Holland
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Sam Snyder
Lawrence, KS
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Steve
Bensalem, PA
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Rod
Hamilton, Ontario
Canada

Allison & Ben
Denver, CO
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Rudolf
Weggis,
Switzerland

AJL
Oakland, CA
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Kalli
Los Angeles, CA
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Griffen
Charlotte, NC
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S
Houston, TX
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Geri
Ashford, CT
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Anonymous
Hartford, CT
United States

Steve
Corpus Christi, TX
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Tamara
Burke, VA
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CWP
KivaFriends.org, Bloomington, Indiana
United States

Karen
Piedmont, CA
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Belinda
Highfields, Queensland
Australia

Elizabeth
San Francisco, CA
United States



Journal entries for Joel Ibarra


Loan has been disbursed
 
Entrepreneur: Joel Ibarra
Location: Carapegua, Paraguay

Thank you for your loan. It has been disbursed to Joel Ibarra by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the next 6 - 12 months, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Denysse Figueredo from Carapegua, Paraguay
Oct 28, 2007
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Kiva Help Repayment Schedule for Joel Ibarra

  Expected Repayments Actual Repayments Comments
February 2008 $104.17 $210.00 Repayment Received
March 2008 $104.17 $105.00 Repayment Received
April 2008 $104.17 $105.00 Repayment Received
May 2008 $104.17 $105.00 Repayment Received
June 2008 $104.17 $100.00 Repayment Received
July 2008 $104.15 $0.00 Repayment Received