Magin Caraballo Galarza


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Magin Caraballo Galarza
Location: Santa Cruz De La Sierra, Bolivia
Activity: Construction

About the Loan

Loan Amount: $1,000.00
Loan Use: To expand the hosue.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 10, 2008
Date Disbursed: Feb 25, 2008
Date Funded:Feb 11, 2008
Loan Ended:Mar 16, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:United States Dollars (USD)



Magin is a 45 year odl master mason and also is dedicated to his business of renting land. He works in construction in the city and also rents out some rooms of his house for secondary income.
He lives alone with his 16 year old daughter. She is totally dependent on him.
He has more than 10 years of experience in his field and does not depend on hiring workers because of the high migration of workers to the exterior part of the country. This is Magin's third operation [loan] from his time with the Institution. In this time, he has demonstrated himself as a very punctual and responsible person.


This story has been translated from Spanish to English by Nikita Ramchandani, KIVA Volunteer.


Magin es un maestro albañil de 45 años de edad, paralelamente se dedica al negocio de los alquileres. Trabaja en diferentes tipos de obras de construcción en la ciudad y también alquila cuartos en su domicilio como segundo medio de ingreso.
Vive sólo con su hija de 16 años que depende totalmente de él.
Tiene mas de 10 años de experiencia en su actividad como albañil y no cuenta con mucha competencia ya que debido a la migración de mano de obra a paises del exterior, la que queda en el país es bastante cotizada.
Actualmente esta operación es la tercera de Magin con la Institución tiempo en que demostró ser una persona muy responsable y puntual.


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Lenders to this entrepreneur

Anonymous

Carol
Bellville, TX
United States

Matthew
St Albans, Vermont
United States

Mary Ann & Richard
Oakland, CA
United States

Kara
Pine, CO
United States

Bob & Donna
Calgary, Alberta
Canada

Anonymous
London, Ontario
Canada

Arbita
Minneapolis, MN
United States

Kelly
Garden City, MI
United States

Anonymous
Wichita, KS
United States

Charles
Saint Louis, MO
United States

Anonymous
San Francisco, CA
United States

Chris
Verona, WI
United States

Anthony ter Neuzen
Haarlem, NH
Netherlands

April
Mountlake Terrace, WA
United States

Jay & Lisa
Tacoma, WA
United States

Claus-Peter
www.kivafriends.org,
Germany

Nancy
Seattle, WA
United States

Seattle Laptop
Seattle, WA
United States

Robyn
Mississauga, Ontario
Canada

darryl
Calgary, Alberta
Canada

Anonymous
Arese, MI
Italy

mingwangx
Taipei,
Taiwan

Hannah
Ashland, OR
United States

Eric
Lawrenceville, GA
United States

Anonymous
Weare, NH
United States

Scott
West Bath, ME
United States

Paul
Seattle, WA
United States

Tommy
Pinson, AL
United States

Allan & Molly
Ryderwood, WA
United States

Frank
Plano, TX
United States

carlos
Seattle, WA
United States



Journal entries for Magin Caraballo Galarza


Loan has been disbursed
 
Entrepreneur: Magin Caraballo Galarza
Location: Santa Cruz De La Sierra, Bolivia

Thank you for your loan. It has been disbursed to Magin Caraballo Galarza by Fundación Agrocapital in Bolivia. We are excited to watch this business grow. Over the next 12 months, Fundación Agrocapital will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Santa Cruz De La Sierra, Bolivia
Feb 25, 2008
Comment on this entry

Magin's Kiva loan
 
Entrepreneur: Magin Caraballo Galarza
Location: Santa Cruz De La Sierra, Bolivia

I go to visit Magin on Friday afternoon at his home on the outskirts of the city of Santa Cruz. He’s out working, however, and his daughter is home alone with her one-month-old baby. She doesn’t know much about the loan her father took out, but she does say that he’s always busy working, and lets me have a look at some of the construction her father has been doing on the family home (pictured below). He used his Kiva loan to buy materials to build three more rooms onto his house.


Posted by Cynthia McMurry from Santa Cruz De La Sierra, Bolivia
Oct 6, 2008
Comment on this entry

Kiva Help Repayment Schedule for Magin Caraballo Galarza

  Expected Repayments Actual Repayments Comments
May 2008 $83.33 $84.00 Repayment Received
June 2008 $83.33 $84.00 Repayment Received
July 2008 $83.33 $84.00 Repayment Received
August 2008 $83.33 $84.00 Repayment Received
September 2008 $83.33 $84.00 Repayment Received
October 2008 $83.33 $84.00 Repayment Received
November 2008 $83.33 $84.00 Repayment Received
December 2008 $83.33 $79.00 Repayment Received
January 2009 $83.33 $82.97 Repayment Received
February 2009 $83.33 $83.33 Repayment Received
March 2009 $83.33 $83.33 Repayment Received
April 2009 $83.37 $83.37 Repayment Received