Enrique Garcia


Status: Paid Back

$700.00   Loan Request
$700.00   Paid Back

About the Entrepreneur

Name: Enrique Garcia
Location: La Paz, Bolivia
Activity: Services

About the Loan

Loan Amount: $700.00
Loan Use: Buy a sound system for his disc jockey business
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 9, 2008
Date Disbursed: May 27, 2008
Date Funded:May 13, 2008
Loan Ended:Sep 15, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.3150 BOB = 1 USD



Mr. Enrique lives with his mother in a rented home on Buenos Aires Avenue in La Paz city. His business is providing sound amplification at social events, such as weddings, birthdays, etc. The loan he is seeking will be used to buy a sound system that will improve the quality of sound so that he will gain more contracts and improve his income. Because of his good credit history he can obtain a new loan for this purchase.

Translated from Spanish by Cindy Kendall, Kiva Volunteer



El señor Enrique vive en anticrético con su mamá en la Av. Buenos Aires de la Ciudad de La Paz; la actividad que realiza para generar sus ingresos es el servicio de amplificación en acontecimientos sociales, como ser matrimonios, cumpleaños, etc. El crédito que solicita es para comprar un equipo con el cual puede mejorar la calidad del sonido de tal manera que pueda tener mayores contratos y mejorar sus ingresos.

Por su antecedente histórico puede obtener un nuevo crédito ya que su historial de pagos es muy bueno.


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Lenders to this entrepreneur

Laurent D
Brussels,
Belgium

stephanie
tamarac, FL
United States

Brock
Ottawa, Ontario
Canada

BARBARA
ARLINGTON, VA
United States

Romin
Newbury, Berkshire
United Kingdom

Lisa
Tacoma, WA
United States

Sandy
www.kivafriends.org, Allen, Texas
United States

Wolfgang
Dortmund,
Germany

Patrick
Portage, MI
United States

Anonymous
Austin, TX
United States



Journal entries for Enrique Garcia


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

Thank you for your loan. It has been disbursed to Enrique Garcia by IMPRO in Bolivia. We are excited to watch this business grow. Over the next 15 months, IMPRO will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from La Paz, Bolivia
May 28, 2008
Comments (1)

Update
 
Entrepreneur: Enrique Garcia
Location: La Paz, Bolivia

Enrique bought a sound system for his disc jockey business. He put some signs telling that he has new equipment and his services are cheaper and he got a contract to give his services at a wedding (which will be on august 9) The loan is 7% re paid.


Posted by Jose Jimenez from La Paz, Bolivia
Jul 22, 2008
Comments (1)

Update
 
Entrepreneur: Enrique Garcia
Location: La Paz, Bolivia

Now the loan is 20% re paid


Posted by Jose Jimenez from La Paz, Bolivia
Sep 17, 2008
Comment on this entry

Kiva Help Repayment Schedule for Enrique Garcia

  Expected Repayments Actual Repayments Comments
August 2008 $46.67 $47.00 Repayment Received
September 2008 $46.67 $47.00 Repayment Received
October 2008 $46.67 $47.00 Repayment Received
November 2008 $46.67 $47.00 Repayment Received
December 2008 $46.67 $46.00 Repayment Received
January 2009 $46.67 $46.01 Repayment Received
February 2009 $46.67 $46.67 Repayment Received
March 2009 $46.67 $46.67 Repayment Received
April 2009 $46.67 $46.67 Repayment Received
May 2009 $46.67 $46.67 Repayment Received
June 2009 $46.67 $46.66 Repayment Received
July 2009 $46.67 $46.67 Repayment Received
August 2009 $46.67 $46.67 Repayment Received
September 2009 $46.67 $46.69 Repayment Received
October 2009 $46.62 $46.62 Repayment Received