Victor E. Rivas

Status: Paid Back

$500.00		Loan Request
$500.00		Paid Back

About the Entrepreneur

Name:	Victor E. Rivas
Location:	La Paz, Bolivia
Activity:	Taxi

About the Loan

Loan Amount:	$500.00
Loan Use:	Purchase of tires and maintenance of his taxi.
Repayment Term:	14 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Dec 8, 2007
Date Disbursed:	Dec 23, 2007
Date Funded:	Dec 9, 2007
Loan Ended:	Jan 15, 2009

About the Field Partner

Field Partner:

IMPRO

Field Partner Risk Rating:

(Learn more)

Active

31 months

1674

$829,675

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Bolivia
Avg Annual Income:	$2,817.00
Currency:	Bolivia Bolivianos (BOB)
Exchange Rate:	7.6058 BOB = 1 USD

Client History: Victor has a vehicle that serves as a radio taxi for the APOLO company. His wife is a businesswoman. Their home is located in the village of Armonia. The business offices of the radio taxi are located in the village of Copacabana outside of the city of La Paz.

This is the second time that he has requested a loan. The amount requested will be used for the purchase of tires and the complete maintenance of his vehicle. His job allows him access to this loan, as he already has experience as a driver. Driving the taxi generates sufficient income to cover the loan and his personal needs.

Translated from Spanish by Kim Baker, Kiva volunteer.

Historia del Cliente: Victor tiene una movilidad que trabaja como radio taxi de la empresa APOLO; su esposa es comerciante.
Su domicilio se encuentran ubicado en la zona de villa Armonia; las oficinas de la empresa de radio taxi están ubicadas en la zona de Villa Copacabana de la ciudad de La Paz.
Es segunda vez que solicita un crédito. El monto solicitado será destinado la compra de llantas y el mantenimiento completo de su vehiculo.
Su trabajo le permite acceder a este crédito ya que tiene experiencia como chofer. Esta actividad genera ingresos suficientes para cubrir el préstamo y para sus necesidades personales.

Lenders to this entrepreneur

Claus-Peter
www.kivafriends.org,
Germany

Diane
Ann Arbor, MI
United States

Anonymous
Penney Farms, FL
United States

Jason
Tucson, AZ
United States

Marcia
lake forest, IL
United States

Boris
Brooklyn, NY
United States

Thomas
Winnetka, IL
United States

pj
Arnhem, Gelderland
Netherlands

Adar
Oakland, CA
United States

H Lynn Watson
orlando, FL
United States

Mark
Highland Hts, OH
United States

3B-EDITIONS
DIJON,
France

John and Jan
Redmond, WA
United States

Ron & Kathleen
San Miguel de Allende,
Mexico

Angelika
Fairport, NY
United States

Richard
Cookeville, TN
United States

Journal entries for Victor E. Rivas

Loan has been disbursed Entrepreneur: Victor E. Rivas Location: La Paz, Bolivia Thank you for your loan. It has been disbursed to Victor E. Rivas by IMPRO in Bolivia. We are excited to watch this business grow. Over the next 12 months, IMPRO will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from La Paz, Bolivia Dec 23, 2007
Comment on this entry

Update Entrepreneur: Victor E. Rivas Location: La Paz, Bolivia Victor bought the best tires for his car and went to the mechanic for the maintenance. Some reparations had to be made but it wasn´t nothing to worry about. Now he is working with no problems also his wife is doing great at her work. The loan is 16% re paid.
Posted by Jose Jimenez from La Paz, Bolivia Mar 6, 2008
Comment on this entry

Update Entrepreneur: Victor E. Rivas Location: La Paz, Bolivia Victor bought the best tires for his car and went to the mechanic for the maintenance. Some reparations had to be made but it wasn´t nothing to worry about. Now he is working with no problems also his wife is doing great at her work. NOW THE LOAN IS 34% RE PAID which probes we can trust this person he is not a lazy entrepreneur. .
Posted by Jose Jimenez from La Paz, Bolivia Apr 23, 2008
Comment on this entry

Update Entrepreneur: Victor E. Rivas Location: La Paz, Bolivia "The car is resisting much more than I expected" said Victor joking last time we talked with him. Don´t think he is a cheap person that refuses to check his car the problem is that he has other expenses and he doesn´t makes a lot of money but he is taking a better care of his car now. The loan is 50% re paid now.
Posted by Jose Jimenez from La Paz, Bolivia Jul 4, 2008
Comment on this entry

Update Entrepreneur: Victor E. Rivas Location: La Paz, Bolivia Now the loan is 59% re paid
Posted by Jose Jimenez from La Paz, Bolivia Aug 12, 2008
Comment on this entry

Update Entrepreneur: Victor E. Rivas Location: La Paz, Bolivia Now the loan is 76% re paid
Posted by Jose Jimenez from La Paz, Bolivia Oct 7, 2008
Comment on this entry

Repayment Schedule for Victor E. Rivas

Show Advanced

	Expected Repayments	Actual Repayments	Comments
March 2008	$41.67	$42.00	Repayment Received
April 2008	$41.67	$42.00	Repayment Received
May 2008	$41.67	$42.00	Repayment Received
June 2008	$41.67	$42.00	Repayment Received
July 2008	$41.67	$42.00	Repayment Received
August 2008	$41.67	$42.00	Repayment Received
September 2008	$41.67	$42.00	Repayment Received
October 2008	$41.67	$42.00	Repayment Received
November 2008	$41.67	$42.00	Repayment Received
December 2008	$41.67	$39.00	Repayment Received
January 2009	$41.67	$41.34	Repayment Received
February 2009	$41.63	$41.66	Repayment Received