Felipe Cabral


Status: Paid Back

$1,050.00   Loan Request
$1,050.00   Paid Back

About the Entrepreneur

Name: Felipe Cabral
Location: Encarnación, Paraguay
Activity: Food Production/Sales

About the Loan

Loan Amount: $1,050.00
Loan Use: Expansion of his store (to pay for labor and construction materials like bricks, cement, sand, and whitewash).
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 18, 2007
Date Disbursed: Dec 4, 2007
Date Funded:Nov 20, 2007
Loan Ended:Jan 15, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,777.1500 PYG = 1 USD



Felipe Cabral is 45-years-old, has been separated for more than 12 years, and lives in his own house with his two daughters, one who is 15, and the oldest, who is 17. His daughters go to high school and are now in their last years there. Felipe used to sell electronic products on the border market with Argentina, but he had to close his business due to the decline in value of the Argentine peso, since most of his clients came from Argentina.


Now he has a business where he sells drinks, including soft drinks, beer, wine, liquor, whisky, etc., and he has all of the necessary equipment for this type of work. He has had his store right in the middle of the city for two years now. The business is attended to personally by Felipe, and of course, with the constant help of his two daughters. Since his business is getting better every day, Felipe's current project is to finance a hamburger restaurant to be able to attract more clients and to have a larger income.


Felipe is a very hard-working and sacrificing person, since he had to raise his two daughters by himself. But even then he was still able to give them the best. He is requesting a loan to expand his store and to arrange it better to give space to his clients who come to eat and drink there.

Translated from Spanish by Tanya Harper, Kiva volunteer.



El Señor Felipe Cabral tiene 45 años de edad, esta separado hace más de 12 años y vive en su casa propia junto con sus dos hijas, una de 15 años y la mayor de 17 años. Sus hijas van al colegio cursando ya los últimos años.


Felipe se dedicaba a la venta de productos electrónicos en el mercado fronterizo con Argentina, pero tuvo que cerrar su negocio por la caída del valor del peso argentino, de donde provenían la mayor parte de sus clientes.


Hoy día posee un negocio de ventas de bebidas, en donde comercializa gaseosas, cervezas, vinos, licores, wiskies, etc. y cuenta con todos los equipos necesarios para este tipo de trabajo. El local esta ubicado en pleno centro de la ciudad y de esto ya va 2 años. El negocio es atendido personalmente por el señor Felipe y claro, con la ayuda constante de sus dos hijas. Como el negocio va cada día mejor, el proyecto de Felipe es habilitar mas adelante una hamburguesería, para así captar más clientelas y tener mayor ingreso.


Felipe es una persona muy trabajadora y sacrificada por el hecho que tuvo que criar solo sus dos hijas, pero aun así pudo darle siempre lo mejor. El solicita el crédito para hacer una ampliación del local comercial, de este modo distribuir mejor su tienda y dar espacio a los clientes que vienen a consumir en su local.


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Lenders to this entrepreneur

Manuel
Paris,

Anthony ter Neuzen
Haarlem, NH
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Mari
Mosby,
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Richard
Calgary, Alberta
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ActionCOACH
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Vidya
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Lou
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Steven
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W Dwight
Port Townsend, WA
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Aaron
SOUTH BEND, IN
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Leah
Amsterdam,
Netherlands

Brunswick WC Class
Greenwich, CT
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Amy
Arlington, VA
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Janiece
Parker, CO
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mattb
London, London
United Kingdom

Joseph
Coral Gables, FL
United States

Ken. G.
Dollard des Ormeaux,, Quebec
Canada

Joseph
Vernègues,
Russian Federation

Anonymous
Duluth, GA
United States

Corbet
Richardson, TX
United States

keith
Newburyport, MA
United States

Erick & Nadia
Tustin, CA
United States

Don
Ridgecrest, CA
United States

David W. Frey
Nashville, TN
United States

Kenneth
Bergen, Bergen
Norway

anja
Amerongen,
Netherlands

Robert
Webster, MA
United States

Lynn
Minneapolis, MN
United States

Colin G. Haviland
Minneapolis, MN
United States

Deb
Santa Cruz, CA
United States

Anonymous

Hans Poser
Offenburg,
Germany

Bakatilo
Breda, NB
Netherlands

Liz, Jim, Anne, J, Chris

United States



Journal entries for Felipe Cabral


Loan has been disbursed
 
Entrepreneur: Felipe Cabral
Location: Encarnación, Paraguay

Thank you for your loan. It has been disbursed to Felipe Cabral 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 Encarnación, Paraguay
Nov 21, 2007
Comments (6)

thaks to the Kiva Lenders!
 
Entrepreneur: Felipe Cabral
Location: Encarnación, Paraguay

Felipe Cabral would like to thank all the lenders who have helped with their donations to amplify the store. The store has been amplified and stocked with more goods to sell. The increase in diversity of goods along with quantity has allowed Felipe to charge lower prices and still make more of a income. Felipe is thankful for a healthy family, a prosperous small business, and for a chance at a better life. Once again,Felipe Cabral thanks you from the bottom of his heart.


Posted by Denysse Figueredo from Encarnación, Paraguay
Mar 25, 2008
Comments (8)

Kiva Help Repayment Schedule for Felipe Cabral

  Expected Repayments Actual Repayments Comments
February 2008 $0.00 $88.00  
March 2008 $87.50 $88.00 Repayment Received
April 2008 $87.50 $88.00 Repayment Received
May 2008 $87.50 $88.00 Repayment Received
June 2008 $87.50 $88.00 Repayment Received
July 2008 $87.50 $88.00 Repayment Received
August 2008 $87.50 $88.00 Repayment Received
September 2008 $87.50 $88.00 Repayment Received
October 2008 $87.50 $88.00 Repayment Received
November 2008 $87.50 $88.00 Repayment Received
December 2008 $87.50 $88.00 Repayment Received
January 2009 $87.50 $0.00 Repayment Received
February 2009 $87.50 $82.00 Repayment Received