Elena Acosta


Status: Paid Back

$650.00   Loan Request
$650.00   Paid Back

About the Entrepreneur

Name: Elena Acosta
Location: San Lorenzo, Paraguay
Activity: Charcoal Sales

About the Loan

Loan Amount: $650.00
Loan Use: To buy charcoal.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 30, 2008
Date Disbursed: Feb 14, 2008
Date Funded:Jan 31, 2008
Loan Ended:Feb 21, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,694.3000 PYG = 1 USD



Elena Acosta has a small business selling charcoal in the city of San Lorenzo. She has three children and a husband who once worked in construction. But when he realized how profitable his wife’s company was, he left construction and went into business with her. Now they work together selling bags of charcoal to local businesses.



Elena has applied for a loan to buy more heir merchandise to sell. She hopes to continue to increase the size of their business so that she can afford to keep her children in school.



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san

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Journal entries for Elena Acosta


Loan has been disbursed
 
Entrepreneur: Elena Acosta
Location: San Lorenzo, Paraguay

Thank you for your loan. It has been disbursed to Elena Acosta by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the next 11 months, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Denysse Figueredo from San Lorenzo, Paraguay
Jan 31, 2008
Comments (1)

Kiva Help Repayment Schedule for Elena Acosta

  Expected Repayments Actual Repayments Comments
April 2008 $0.00 $60.00  
May 2008 $59.09 $60.00 Repayment Received
June 2008 $59.09 $60.00 Repayment Received
July 2008 $59.09 $60.00 Repayment Received
August 2008 $59.09 $60.00 Repayment Received
September 2008 $59.09 $60.00 Repayment Received
October 2008 $59.09 $60.00 Repayment Received
November 2008 $59.09 $60.00 Repayment Received
December 2008 $59.09 $0.00 Repayment Received
January 2009 $59.09 $51.82 Repayment Received
February 2009 $59.09 $59.09 Repayment Received
March 2009 $59.10 $59.09 Repayment Received