Jose Patrocinio Aguilar Hernandez


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Jose Patrocinio Aguilar Hernandez
Location: Zacatecas, Mexico
Activity: Auto Repair

About the Loan

Loan Amount: $600.00
Loan Use: To buy tools and parts for his mechanic business.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 27, 2008
Date Disbursed: Jun 11, 2008
Date Funded:May 28, 2008
Loan Ended:Feb 21, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.3819 MXN = 1 USD



Jose started his business when his brother, due to the demands of his work, asked that he work with him independently 12 years ago. He sought his own business where he could earn more money and also give good service to the clients. Jose worked as an employee but did not earn very much since they only paid him 50% of what he repaired. That was when he decided to take out a loan to go into the mechanic business in general. He is married and has 3 children ages 14, 11 and 6 years.


He needs a loan of $600 that will be repaid in 6 months to buy a scanner to process the work more quickly, to buy repair parts and to increase his inventory. With your aid this will be possible.

Translated from Spanish by B, Kiva Volunteer.



Jose inició el negocio, cuando su hermano debido a la demanda del trabajo le pidio que trabajara con el indpendientemente, hace 12 años. El buscaba un trabajo propio y en donde pudiera ganar mas dinero y asi dar buen servicio a los clientes; el trabajaba como empleado, no ganaba muy bien ya que solo le pagaba el 50% de lo que reparaba, y fue cuando decidimos sacar credito para ir habilitanto el negocio de mecanica en general. El esta casado y tiene 3 hijos de 14, 11 y 6 años.


El necesita un prestamo por US$600 que pagara en 6 meses para comprar un scanner para sacar el trabajo mas rapido, asi como para comprar refacciones y elevar su inventario. Con tu ayuda esto sera posible.


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Lenders to this entrepreneur

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Peter
kivafriends.org, Brighton, England
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Sustainable Websites
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Anonymous
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Ben Brinckerhoff
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Boyd
Calgary, AB
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Steve
Denver, CO
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Anonymous
Colchester, Essex
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Kurt
San Antonio, TX
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Cindy
Havertown, PA
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Matt
Cathedral City, CA
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Bennie
Denver, CO
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Larry & Sybil
Aurora, MO
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Bill & Kimberly
Charlotte, North Carolina
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Fil
Alliston, Ontario
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Humza
Pelham, NH
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Larry, Verona, and Noa
Vancouver, WA
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Donna
Smithers, British Columbia
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Marilyn
Innisfil, Ontario
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Gilles
Kontich,
Belgium

Kiva B4B
Spring House, PA
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Journal entries for Jose Patrocinio Aguilar Hernandez


Loan has been disbursed
 
Entrepreneur: Jose Patrocinio Aguilar Hernandez
Location: Zacatecas, Mexico

Thank you for your loan. It has been disbursed to Jose Patrocinio Aguilar Hernandez by Admic Nacional in Mexico. We are excited to watch this business grow. Over the next 6 months, Admic Nacional will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Leticia Ramirez from Zacatecas, Mexico
May 29, 2008
Comment on this entry

from employee to owner
 
Entrepreneur: Jose Patrocinio Aguilar Hernandez
Location: Zacatecas, Mexico

Jose and his two brothers worked as mechanics for years for another owner. When the owner of the shop passed away about two years ago, Jose and his brothers opened their own repair shop.

The business is going well. The location is surrounded by other mechanic yards. They work together on sharing parts and equipment. The yard is filled with cars under repair and their children. There were cousins and neighborhood kids playing all over while their dads worked on the cars.

This loan was used to purchase some computer equipment that is required to repair newer cars. The loan was provided by ADMIC, the local Kiva partner. ADMIC has been providing loans and technical support to micro businesses throughout Mexico for over thirty years.


Posted by Megan McTiernan from Zacatecas, Mexico
Feb 3, 2009
Comment on this entry

Kiva Help Repayment Schedule for Jose Patrocinio Aguilar Hernandez

  Expected Repayments Actual Repayments Comments
August 2008 $0.00 $100.00  
September 2008 $100.00 $100.00 Repayment Received
October 2008 $100.00 $100.00 Repayment Received
November 2008 $100.00 $100.00 Repayment Received
December 2008 $100.00 $0.00 Repayment Received
January 2009 $100.00 $100.00 Repayment Received
February 2009 $100.00 $100.00 Repayment Received