Lino Cazo


Status: Paid Back

$250.00   Loan Request
$250.00   Paid Back

About the Entrepreneur

Name: Lino Cazo
Location: Carapegua, Paraguay
Activity: Textiles

About the Loan

Loan Amount: $250.00
Loan Use: To buy cotton thread in different colours
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 2, 2008
Date Disbursed: May 16, 2008
Date Funded:May 2, 2008
Loan Ended:Mar 16, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,345.4500 PYG = 1 USD



Lino Cazo is 45 years old and has been married to Domitila Morel for 20 years. They have three children. Lina worked as a chauffer at a company for 15 years. Seeing the need to earn a higher income, he decided to become self-employed, selling blankets and hammocks which are woven by his wife. 7 years ago he managed to establish a signifant client base in the area where he markets his products.


It’s worth mentioning that thanks to Lino’s efforts, he was able to build a house and provide his children with an education. He is applying for this loan so that he can buy cotton thread in different colours - to produce and sell bedspreads and hammocks.


Translated from [Spanish] by [Lisa Ritchie], Kiva Volunteer.


El Sr Lino Cazo tiene 45 años está casado hace 20 años con la Sra. Domitila Morel, tienen tres hijos. Lina trabajo durante 15 años trabajó como chofer en una casa comercial y viendo la necesidad de contar con más ingreso decidió trabajar por cuenta propia en la venta de frazadas y hamacas que su señora teje. Hace 7 años que se dedica a actividad por lo que ya pudo lograr formar una cantidad muy importante de clientela en la zona donde comercializa sus productos.


Cabe mencionar que gracias a su esfuerzo pudo construir una casa y darles educación a sus hijos. Solicita el préstamo para la compra de hilos de algodón de distintos colores para la confección de sobrecamas y hamacas para la venta.


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Lenders to this entrepreneur

Anonymous
Highland Lakes, NJ
United States

Chris
Fayetteville, AR
United States

Julie
Columbia, MD
United States

Rebecca
Chevy Chase, MD
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Don
Ocean Springs, MS
United States

Dawson
Chicago, IL
United States



Journal entries for Lino Cazo


Loan has been disbursed
 
Entrepreneur: Lino Cazo
Location: Carapegua, Paraguay

Thank you for your loan. It has been disbursed to Lino Cazo by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the next 9 months, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Denysse Figueredo from Carapegua, Paraguay
May 5, 2008
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Kiva Help Repayment Schedule for Lino Cazo

  Expected Repayments Actual Repayments Comments
August 2008 $27.78 $28.00 Repayment Received
September 2008 $27.78 $28.00 Repayment Received
October 2008 $27.78 $28.00 Repayment Received
November 2008 $27.78 $28.00 Repayment Received
December 2008 $27.78 $28.00 Repayment Received
January 2009 $27.78 $26.67 Repayment Received
February 2009 $27.78 $27.78 Repayment Received
March 2009 $27.78 $27.78 Repayment Received
April 2009 $27.76 $27.77 Repayment Received