Sofia Valdez


Status: Paid Back

$400.00   Loan Request
$400.00   Paid Back

About the Entrepreneur

Name: Sofia Valdez
Location: La Paz, Bolivia
Activity: Services

About the Loan

Loan Amount: $400.00
Loan Use: Payment toward increase in cost of living expenses/lease renewal for home.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 12, 2008
Date Disbursed: Feb 27, 2008
Date Funded:Feb 13, 2008
Loan Ended:Mar 16, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.5685 BOB = 1 USD



Mrs. Sofia Valdez lives in a house in “antricretico” (a special type of rental arrangement offered in Bolivia) in the Sopocachi zone of the city of La Paz. Sofia is retired from city of La Paz educational system.



Upon the conclusion of her lease, the owner of the home she lives in asked for an increase in the “anticretico”. Her request for a loan would be to pay this cost of living increase.



This is the first time she seeks a loan, and the socioeconomic analysis completed indicates that she qualifies favorably for access to credit.



Translated from Spanish by Mary Lynn, Kiva Volunteer.



La señora Sofía Valdez vive en una casa en anticretico en la zona de Sopocachi de la Ciudad de La Paz; Sofía es jubilada del magisterio urbano de la ciudad de La Paz.
La dueña de casa le solicitó que le aumente el monto del anticretico, por cuanto el plazo del contrato ha concluido. Por lo que el crédito solicitado será destinado al incremento del anticretico en el cual la señora Sofía reside.
Esta es la primera ocasión que solicita un préstamo y el análisis socioeconómico realizado la califica favorablemente y puede acceder a un crédito.


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Lenders to this entrepreneur

Bob & Donna
Calgary, Alberta
Canada

Steve
Milton, Ontario
Canada

Lydia
Airdrie, Alberta
Canada

Chris
Verona, WI
United States

Lynn
delta, British Columbia
Canada

Aili
San Diego, CA
United States

Steve and Myra
Vernon, CT
United States

John C. Kirkland
Southern California,
United States

Eric
Chicago, IL
United States

Roma
San Carlos, CA
United States

Anonymous
Placerville, CA
United States



Journal entries for Sofia Valdez


Loan has been disbursed
 
Entrepreneur: Sofia Valdez
Location: La Paz, Bolivia

Thank you for your loan. It has been disbursed to Sofia Valdez 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
Feb 28, 2008
Comment on this entry

Update
 
Entrepreneur: Sofia Valdez
Location: La Paz, Bolivia

Now the cost of living increase is not a problem for Sofia anymore. Sofia is living comfortly in the house in "anticretico" (a special type of rental arrangement in Bolivia) it would be great for her to have her own house but unfortunately that is impossible Sofia started to re pay the loan and she covered 9%.


Posted by Jose Jimenez from La Paz, Bolivia
Apr 21, 2008
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Update
 
Entrepreneur: Sofia Valdez
Location: La Paz, Bolivia

Sofia says that taxes are not giving her any problem although she was thinking the opossite "The worst part is when you have unexpected expenses but that is not my case so far I used all the money for the loan to the purpouse I had in mind" she said. The loan is 26% re paid now


Posted by Jose Jimenez from La Paz, Bolivia
Jun 27, 2008
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Update
 
Entrepreneur: Sofia Valdez
Location: La Paz, Bolivia

The loan is 43% re paid now


Posted by Jose Jimenez from La Paz, Bolivia
Jul 28, 2008
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Update
 
Entrepreneur: Sofia Valdez
Location: La Paz, Bolivia

Now the loan is 60% re paid


Posted by Jose Jimenez from La Paz, Bolivia
Oct 1, 2008
Comment on this entry

Kiva Help Repayment Schedule for Sofia Valdez

  Expected Repayments Actual Repayments Comments
May 2008 $33.33 $34.00 Repayment Received
June 2008 $33.33 $34.00 Repayment Received
July 2008 $33.33 $34.00 Repayment Received
August 2008 $33.33 $34.00 Repayment Received
September 2008 $33.33 $34.00 Repayment Received
October 2008 $33.33 $34.00 Repayment Received
November 2008 $33.33 $34.00 Repayment Received
December 2008 $33.33 $29.00 Repayment Received
January 2009 $33.33 $32.99 Repayment Received
February 2009 $33.33 $33.33 Repayment Received
March 2009 $33.33 $33.33 Repayment Received
April 2009 $33.37 $33.35 Repayment Received