Juan Morel


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Juan Morel
Location: Caaguazú, Paraguay
Activity: Furniture Making

About the Loan

Loan Amount: $500.00
Loan Use: Buy different kinds of wood for furniture-making business.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 8, 2008
Date Disbursed: Jul 23, 2008
Date Funded:Jul 9, 2008
Loan Ended:Jan 22, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,020.0000 PYG = 1 USD



Juan, 25, is single and lives with his mother. He worked in his father's glass business from a young age and took over the business when his father died. He still operates the glass business along with a carpentry business that he just bought. He wants to make furniture that he will later sell in the interior of the country.


Juan wants to buy a store on the main street of Caaguazu so that he can set his business up there. He's applying for a loan to buy wood to make "roperos" (stand-alone closets or armoires).

Translated from Spanish by Jere Wiseman, Kiva Volunteer



El Señor Juan Morel de 25 años de edad, es soltero, actualmente esta viviendo con su Madre. El sr. Juan desde pequeño trabajaba en la vidriaría de su Padre, cundo falleció su padre el quedo al frente del negocio. Actualmente esta trabajando en su vidriaría y también acaba de comprarse una carpintería donde desea fabricar mubles para su posterior venta en el interior del país.


Como sueño personal desea comprar un local en la avenida principal de Caaguazú para poner allí su negocio. El cliente solicita el crédito para la compra de maderas para la fabricación de roperos.


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Lenders to this entrepreneur

Tom
Sunland, California,
United States

Doug Wong
Calgary, AB
Canada

Aimee
Seattle, WA
United States

yuki-H
Tsuchiura, Ibaraki
Japan

Ciara
Co Dublin, Dublin
Ireland

Jenjer & Gerco
Harderwijk, Gelderland
Netherlands

olollo, inc.
Brooklyn, NY
United States

Joan
Las Vegas, NV
United States

Arthur
New Westminster, BC
Canada

Marianne
Lysterfield, Victoria
Australia

Stan
San Gabriel, CA
United States

Greta Galeazzi
GALEAZZI GRETA, EUROPEAN CITIZEN
Italy

James Levy
Madrid, Madrid
Spain

Jackie

Canada

Harold
Paris,
France

Susan
Fairfax, VA
United States

Pomerleau Family
Gibsonia, PA
United States



Journal entries for Juan Morel


Loan has been disbursed
 
Entrepreneur: Juan Morel
Location: Caaguazú, Paraguay

Thank you for your loan. It has been disbursed to Juan Morel 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
Jul 21, 2008
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Kiva Help Repayment Schedule for Juan Morel

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