Pedro Gimenez


Status: Paid Back

$325.00   Loan Request
$325.00   Paid Back

About the Entrepreneur

Name: Pedro Gimenez
Location: Chaco, Paraguay
Activity: Grocery Store

About the Loan

Loan Amount: $325.00
Loan Use: Purchase of sugar, oil, flour, cookies, and other merchandise
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 31, 2007
Date Disbursed: Nov 15, 2007
Date Funded:Nov 1, 2007
Loan Ended:Sep 8, 2008

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,915.8000 PYG = 1 USD



Sr. Pedro Giménez is 62 years old, married, and has three children. All of his children are grown up and married. Pedro lives in a small house with his wife Maria, who is 58. Maria contributes to the household income by working as a seamstress; in addition, she works in the family store. The couple is also currently building an addition to their house for their youngest son and his wife.
In 2001, Pedro opened a small despensa, or convenience store, in addition to working as a construction contractor. His store primarily sells drinks and, due to local demand, has continuously grown over time. Pedro currently cooperates with a wholesale supplier to stock his store.
In addition to running his store, Pedro still works as a contractor. Also Pedro's son Reddy, who lives with his father, is a contractor - they work together every day on a variety of construction projects. During this time, Pedro’s wife Maria attends to the store.
Whenever times were difficult, Pedro managed to learn new skills in order to support his family. For example, he taught himself how to do electrical work and plumbing, and can therefore now offer a variety of services to his clients.
Pedro has asked for a loan of US$325 in order to expand the variety of stock in his shop. With the greater variety, he hopes to expand his business.

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Lenders to this entrepreneur

Glicerio
East Hartford, CT
United States

Jeff
San Francisco, CA
United States

Johanna
Heidelberg,
Germany

Terrence
Syosset, NY
United States

Lutz
Zürich,
Switzerland

Alexander
Zeist,
Netherlands

Eirik
Stavanger,
Norway

Sharon
The Hague,
Netherlands



Journal entries for Pedro Gimenez


Loan has been disbursed
 
Entrepreneur: Pedro Gimenez
Location: Chaco, Paraguay

Thank you for your loan. It has been disbursed to Pedro Gimenez by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the next 10 - 16 months, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Denysse Figueredo from Chaco, Paraguay
Nov 1, 2007
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Kiva Help Repayment Schedule for Pedro Gimenez

  Expected Repayments Actual Repayments Comments
February 2008 $32.50 $66.00 Repayment Received
March 2008 $32.50 $0.00 Repayment Received
April 2008 $32.50 $33.00 Repayment Received
May 2008 $32.50 $33.00 Repayment Received
June 2008 $32.50 $33.00 Repayment Received
July 2008 $32.50 $33.00 Repayment Received
August 2008 $32.50 $33.00 Repayment Received
September 2008 $32.50 $33.00 Repayment Received
October 2008 $32.50 $33.00 Repayment Received
November 2008 $32.50 $28.00 Repayment Received