Irene Fernandez


Status: Paid Back

$1,075.00   Loan Request
$1,075.00   Paid Back

About the Entrepreneur

Name: Irene Fernandez
Location: Mariano R. Alonso, Paraguay
Activity: Food Production/Sales

About the Loan

Loan Amount: $1,075.00
Loan Use: buying ingredients to make empanada and milonesas, along with general refreshments
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 8, 2008
Date Disbursed: Mar 23, 2008
Date Funded:Mar 9, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,676.9500 PYG = 1 USD



Irene is the proud mother of three grown children who are living independently and are successful. She has been married to her husband Jacinto for many years and together they have made their living raising chickens.


Six years ago they increased their business and were able to give employment to two other people in the community as well. Over the years they have formed a great clientele and are known for the excellent quality of their chickens.


Now they have expanded their business and also run a general store where they sell the chickens along with other food. Their small convenience store is also successful, however, Irene is looking to expand. She wants to use the meat that they raise to make Paraguayan delicacies to sell as snacks in their shop. With the loan, Irene will buy the necessary ingredients to make the food to sell.



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Journal entries for Irene Fernandez


Loan has been disbursed
 
Entrepreneur: Irene Fernandez
Location: Mariano R. Alonso, Paraguay

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


Posted by Denysse Figueredo from Mariano R. Alonso, Paraguay
Mar 10, 2008
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Kiva Help Repayment Schedule for Irene Fernandez

  Expected Repayments Actual Repayments Comments
June 2008 $89.58 $90.00 Repayment Received
July 2008 $89.58 $90.00 Repayment Received
August 2008 $89.58 $90.00 Repayment Received
September 2008 $89.58 $90.00 Repayment Received
October 2008 $89.58 $90.00 Repayment Received
November 2008 $89.58 $90.00 Repayment Received
December 2008 $89.58 $90.00 Repayment Received
January 2009 $89.58 $86.67 Repayment Received
February 2009 $89.58 $89.58 Repayment Received
March 2009 $89.58 $89.58 Repayment Received
April 2009 $89.58 $89.58 Repayment Received
May 2009 $89.62 $89.59 Repayment Received