Hugo Arias


Status: Paid Back

$225.00   Loan Request
$225.00   Paid Back

About the Entrepreneur

Name: Hugo Arias
Location: Caaguazú, Paraguay
Activity: Motorcycle Repair

About the Loan

Loan Amount: $225.00
Loan Use: To buy parts to fix motorcycles.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 26, 2008
Date Disbursed: Mar 11, 2008
Date Funded:Feb 26, 2008
Loan Ended:Jul 27, 2008

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,723.5500 PYG = 1 USD



Hugo Arias is a father of one who works very hard to provide for his son and wife. He is a motorcycle mechanic and has been one since he was very young. His father was in the same line of work and taught the profession to his son. Hugo’s hope is that his son will continue with his education and go on to the university.

Hugo is asking for a loan today to buy more parts for his service shop. He will buy starters, crowns, pistons and chains, and this will help him meet the demands of his customers.



Subscribe

Lenders to this entrepreneur

hamid
Muscat, Sultanate of Oman

Phil & Jean
Honolulu, HI
United States

ross
toronto, Ontario
Canada

Diane R
KivaFriends.org, Santa Clara, CA
United States

Marvin
Lusby, MD
United States

Rosemary
Deering, NH
United States

Good Dogg
Front Porch, www.kivafriends.org
United States

Rene
Waynesboro, Pennsylvania
United States

Anonymous



Journal entries for Hugo Arias


Loan has been disbursed
 
Entrepreneur: Hugo Arias
Location: Caaguazú, Paraguay

Thank you for your loan. It has been disbursed to Hugo Arias by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the next 5 months, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Denysse Figueredo from Caaguazú, Paraguay
Feb 27, 2008
Comment on this entry

Kiva Help Repayment Schedule for Hugo Arias

  Expected Repayments Actual Repayments Comments
May 2008 $0.00 $45.00  
June 2008 $45.00 $45.00 Repayment Received
July 2008 $45.00 $45.00 Repayment Received
August 2008 $45.00 $45.00 Repayment Received
September 2008 $45.00 $45.00 Repayment Received
October 2008 $45.00 $0.00 Repayment Received