Carmelo Britto


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Entrepreneur

Name: Carmelo Britto
Location: Luque, Paraguay
Activity: Vehicle Repairs

About the Loan

Loan Amount: $450.00
Loan Use: To buy a set of keys and a hydraulic press.
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 14, 2008
Date Disbursed: Feb 29, 2008
Date Funded:Feb 15, 2008
Loan Ended:Mar 4, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,681.1500 PYG = 1 USD



Carmelo Britto is 38 years old and is married to Alicia Rolon. Together they have three children, a fourteen year old daughter and two younger sons. During the week, Carmelo works as a mechanic, and on the weekends and some nights, he works as a taxi driver. Carmelo works a lot, but does so in order to better the life of his wife and three children.
He has been working with Fundacion Paraguaya for only a short amount of time, less than a year. Carmelo is asking for a loan to buy tools for his mechanic shop and to help develop his business. His hope is that soon his shop will bring in enough money so that he does not have to work on the weekends.

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Lenders to this entrepreneur

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Phoebe
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Walter + Barbara
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Alfred
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Daniele
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Peggy
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Bill
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Journal entries for Carmelo Britto


Loan has been disbursed
 
Entrepreneur: Carmelo Britto
Location: Luque, Paraguay

Thank you for your loan. It has been disbursed to Carmelo Britto 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 Luque, Paraguay
Feb 18, 2008
Comments (1)

Kiva Help Repayment Schedule for Carmelo Britto

  Expected Repayments Actual Repayments Comments
May 2008 $40.91 $41.00 Repayment Received
June 2008 $40.91 $41.00 Repayment Received
July 2008 $40.91 $41.00 Repayment Received
August 2008 $40.91 $41.00 Repayment Received
September 2008 $40.91 $41.00 Repayment Received
October 2008 $40.91 $41.00 Repayment Received
November 2008 $40.91 $41.00 Repayment Received
December 2008 $40.91 $41.00 Repayment Received
January 2009 $40.91 $40.18 Repayment Received
February 2009 $40.91 $40.91 Repayment Received
March 2009 $40.90 $40.91 Repayment Received