Elva Avalos


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Entrepreneur

Name: Elva Avalos
Location: Mariano R. Alonso, Paraguay
Activity: Home Products Sales

About the Loan

Loan Amount: $450.00
Loan Use: To buy material to make ropes and cords.
Repayment Term: 13 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:Jan 15, 2009

About the Country

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



Elva Avalos makes ropes, speacializing in clothes lines, in the city of Mariano R. Alonso. This has been her business and her main source of income for eleven years. She sells her rope not only to businesses in her hometown, but to other stores large cities throughout Paraguay. Hardware stores and general stores in the cities of Ciudad del Este, Villarrica, Coronel Oviedo, Caaguazú, and Encarnación all sell ropes made by Elva Avalos.


She began the business with a small amount of capital, and through her great business sense and exceptional product, her company has grown. It provides a good income for Elva, her husband and two children. It has also provided her two children the opportunity to attend school.


In order to satisfy her faithful customers, Elva is asking for a loan in order to buy the rope material. She hopes that news of his business will continue to travel throughout Paraguay and that she will continue to see and increase in business and profits.



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Journal entries for Elva Avalos


Loan has been disbursed
 
Entrepreneur: Elva Avalos
Location: Mariano R. Alonso, Paraguay

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


Posted by Denysse Figueredo from Mariano R. Alonso, Paraguay
Jan 31, 2008
Comments (1)

Kiva Help Repayment Schedule for Elva Avalos

  Expected Repayments Actual Repayments Comments
April 2008 $0.00 $45.00  
May 2008 $45.00 $45.00 Repayment Received
June 2008 $45.00 $45.00 Repayment Received
July 2008 $45.00 $45.00 Repayment Received
August 2008 $45.00 $45.00 Repayment Received
September 2008 $45.00 $45.00 Repayment Received
October 2008 $45.00 $45.00 Repayment Received
November 2008 $45.00 $45.00 Repayment Received
December 2008 $45.00 $0.00 Repayment Received
January 2009 $45.00 $45.00 Repayment Received
February 2009 $45.00 $45.00 Repayment Received