Mario Vera
Status: Paid Back
| $1,200.00 | Loan Request | |
|---|---|---|
| $1,200.00 | Paid Back |
About the Entrepreneur
| Name: | Mario Vera |
|---|---|
| Location: | Mariano R. Alonso, Paraguay |
| Activity: | Traveling Sales |
About the Loan
| Loan Amount: | $1,200.00 |
|---|---|
| Loan Use: | To buy fans, grills, sheets, mosquito nets, and jeans. |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Feb 1, 2008 |
| Date Disbursed: | Feb 16, 2008 |
| Date Funded: | Feb 2, 2008 |
| Loan Ended: | Jul 4, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | Fundación Paraguaya |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 30 months |
| Kiva Entrepreneurs: | 11737 |
| Total Loans: | $2,788,775 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Paraguay |
|---|---|
| Avg Annual Income: | $4,555.00 |
| Currency: | Paraguay Guarani (PYG) |
| Exchange Rate: | 4,694.3000 PYG = 1 USD |
With a loan issued to him by Fundación Paraguaya, he was able to buy a motorcycle and transport goods with much more ease. Having a mode of transportation opened up many more possibilities for the expansion of his business. While he was away on deliveries his wife stayed home to take care of their two children.
Today his dream is to save enough money to open his own store in his house. As a traveling salesman, he is away from home a lot and would like to be around his children more of the time. However, he knows that his income is the only way to give his children the opportunity to attend school, an experience he wishes he had as a child.
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Journal entries for Mario Vera
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Loan has been disbursed
Location: Mariano R. Alonso, Paraguay
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Posted by
Denysse Figueredo from Mariano R. Alonso, Paraguay
Feb 4, 2008 |
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Comment on this entry
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Repayment Schedule for Mario Vera
Repayment Schedule for Mario Vera
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| May 2008 | $240.00 | $240.00 |  Repayment Received
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| June 2008 | $240.00 | $240.00 | Repayment Received
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| July 2008 | $240.00 | $240.00 | Repayment Received
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| August 2008 | $240.00 | $240.00 | Repayment Received
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| September 2008 | $240.00 | $240.00 | Repayment Received
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