Enrique Averanga


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Enrique Averanga
Location: La Paz, Bolivia
Activity: Taxi

About the Loan

Loan Amount: $1,200.00
Loan Use: Working capital
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 21, 2008
Date Disbursed: Mar 8, 2008
Date Funded:Feb 23, 2008
Loan Ended:Oct 15, 2009

About the Country

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



Enrique owns a car he uses to work as a taxi driver. His home is in the area called Cristo Rey Ladera Oeste in La Paz. He has two children and his wife cannot work because when she gave birth to their youngest son, the doctors did not do carry out a proper procedure, leaving her handicapped. This is the second time Enrique has applied for a loan through Impro and his credit record qualifies him as a client type 1, which means he pays his loans on time.

Because his car is not in good shape and because of the requirements stipulated by the taxi company he works for, Enrique is in need of a better vehicle. He will use this loan to buy a car that complies with the requirements of his taxi company. Enrique's old car is about to be sold and the money he will receive from the sale will be put into purchasing the new car. Enrique's good credit record allows him to apply for this loan because he is an experienced driver.

Translated from Spanish to English by Isabel Tan, a Kiva volunteer.

Enrrique tiene una movilidad que trabaja como Radio Taxi.
Su domicilio se encuentra ubicado en la zona Cristo Rey Ladera Oeste de la ciudad de La Paz.
Tiene dos hijos y su esposa no puede trabajar ya que cuando ella tuvo su ultimo hijo le realizaron una mala operación donde quedo minusválida.
Es la Segunda vez que solicita un crédito en Impro y su historial lo califica como cliente 1 es decir con cumplimiento bueno en el pago de su crédito.
Por el mal estado de su vehiculo y las exigencias de la empresa de Radio taxis que representa se ve obligado a cambiar de vehiculo por uno mas moderno. El crédito que solicita será utilizado en la compra de un vehiculo acorde a las exigencias de la Empresa de Radio Taxis donde él trabaja. Su actual vehiculo está en proceso de ser vendido y el dinero que recibirá por dicha venta será usado para completar el valor total del nuevo taxi.
Su antecedente crediticio le permite acceder a este crédito ya que tiene experiencia como chofer.


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Journal entries for Enrique Averanga


Loan has been disbursed
 
Entrepreneur: Enrique Averanga
Location: La Paz, Bolivia

Thank you for your loan. It has been disbursed to Enrique Averanga by IMPRO in Bolivia. We are excited to watch this business grow. Over the next 18 months, IMPRO will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from La Paz, Bolivia
Mar 8, 2008
Comments (1)

Update
 
Entrepreneur: Enrique Averanga
Location: La Paz, Bolivia

Enrique went to the "16 de julio" fair and got the car he wanted. The machine is used but is in good conditions and has all the equipment he needs (radio device to receive messages from the central of radio taxi company where he works). Of course he would like a new car but he couldn´t pay one besides he wasnt running out of time. He started to re pay the loan 11% has been repaid.


Posted by Jose Jimenez from La Paz, Bolivia
May 21, 2008
Comment on this entry

Update
 
Entrepreneur: Enrique Averanga
Location: La Paz, Bolivia

Enrique has repaid 22% of the loan now.


Posted by Jose Jimenez from La Paz, Bolivia
Jul 11, 2008
Comment on this entry

Update
 
Entrepreneur: Enrique Averanga
Location: La Paz, Bolivia

Now the loan is 28% re paid


Posted by Jose Jimenez from La Paz, Bolivia
Sep 2, 2008
Comment on this entry

Kiva Help Repayment Schedule for Enrique Averanga

  Expected Repayments Actual Repayments Comments
June 2008 $66.67 $67.00 Repayment Received
July 2008 $66.67 $67.00 Repayment Received
August 2008 $66.67 $67.00 Repayment Received
September 2008 $66.67 $67.00 Repayment Received
October 2008 $66.67 $67.00 Repayment Received
November 2008 $66.67 $67.00 Repayment Received
December 2008 $66.67 $67.00 Repayment Received
January 2009 $66.67 $64.36 Repayment Received
February 2009 $66.67 $66.67 Repayment Received
March 2009 $66.67 $66.67 Repayment Received
April 2009 $66.67 $66.67 Repayment Received
May 2009 $66.67 $66.67 Repayment Received
June 2009 $66.67 $66.66 Repayment Received
July 2009 $66.67 $66.67 Repayment Received
August 2009 $66.67 $66.67 Repayment Received
September 2009 $66.67 $66.68 Repayment Received
October 2009 $66.67 $66.67 Repayment Received
November 2009 $66.61 $66.61 Repayment Received