Cruz Quispe


Status: Paying Back

$1,025.00   Loan Amount
88% repaid

About the Entrepreneur

Name: Cruz Quispe
Location: Laja, Bolivia
Activity: Dairy

About the Loan

Loan Amount: $1,025.00
Loan Use: Purchase of two milk cows in order to increase the volume of milk she is able to sell to PIL Andina.
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 4, 2008
Date Disbursed: Jun 18, 2008
Date Funded:Jun 4, 2008

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.2550 BOB = 1 USD



Cruz lives with her husband and three children in the community of Laja in the Los Andes Province (3 ½ hours outside of La Paz). Her children are 22 years old, 19 years old and 17 years old. Cruz’s dedicates herself primarily to the raising of milk producing cattle, which she sells to the Andean Industrialized Milk Plant. She also works part-time as a transporter, as a way to increase the family income.

Cruz requests a loan in order to purchase high-breed cattle, which will increase the supply of milk her herd produces.

This will be her first loan from IMPRO. The evaluation of her economic status has approved her for this loan.

Translated from Spanish by Casey Unrein, Kiva volunteer.



Cruz vive en la comunidad de Laja, provincia Los Andes (ubicada a tres horas y media de la ciudad de La paz) junto a su esposa y sus 3 hijos de 22, 19 y 17 años respectivamente. Su principal actividad comercial es la cría de ganado vacuno, por lo que produce leche que se comercializa a PIL Andina (Planta Industrializadota de Leche). Adicionalmente, trabaja como transportista para mejorar los ingresos familiares.


Cruz solicita crédito para comprar ganado de raza mejorada con el fin de incrementar su producción de leche.


Es el primer crédito con Impro, la evaluación realizada le califica para otorgarle el préstamo.


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Lenders to this entrepreneur

Georges
Sierre,
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Kari Merete
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Mary
Landenberg, PA
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Yoav
Cambridge, Cambridgeshire
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Kandi
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Dan Raine
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Tamar
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Andrew & Gisela
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Darla & Mike
Bobcaygeon, Ontario
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Paul
Germantown, WI
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russell
brooklyn, NY
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Iris
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Thirty Day Challenge
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Ronen
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Nina
Hamburg,
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Martin
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Sai
San Francisco, CA
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Jean Paul
CHARLY,
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Halsey
Winchester, MA
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Carmen
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Donna
Camarillo, CA
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Anonymous
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John
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duwayne
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Dave
Glenview, IL
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Nathan
Brooklyn, NY
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Jim
Memphis, TN
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Rick
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Lawrence
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Mette
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LeahAndMark
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Journal entries for Cruz Quispe


Loan has been disbursed
 
Entrepreneur: Cruz Quispe
Location: Laja, Bolivia

Thank you for your loan. It has been disbursed to Cruz Quispe by IMPRO in Bolivia. We are excited to watch this business grow. Over the next 18 months, IMPRO will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Laja, Bolivia
Jun 18, 2008
Comment on this entry

Update
 
Entrepreneur: Cruz Quispe
Location: Laja, Bolivia

Cruz started to re pay the loan. 6% has been re paid


Posted by Jose Jimenez from Laja, Bolivia
Jul 23, 2008
Comment on this entry

Update
 
Entrepreneur: Cruz Quispe
Location: Laja, Bolivia

Cruz is one of the few clients that requested a loan to buy two milk cows. The loan is 17% re paid and we can say he is with better conditions compared to other entrepreneurs of the zone. The loan is 17% re paid.


Posted by Jose Jimenez from Laja, Bolivia
Sep 25, 2008
Comment on this entry

Kiva Help Repayment Schedule for Cruz Quispe

  Expected Repayments Actual Repayments Comments
September 2008 $56.94 $57.00 Repayment Received
October 2008 $56.94 $57.00 Repayment Received
November 2008 $56.94 $57.00 Repayment Received
December 2008 $56.94 $57.00 Repayment Received
January 2009 $56.94 $56.72 Repayment Received
February 2009 $56.94 $56.94 Repayment Received
March 2009 $56.94 $56.94 Repayment Received
April 2009 $56.94 $56.94 Repayment Received
May 2009 $56.94 $56.94 Repayment Received
June 2009 $56.94 $56.94 Repayment Received
July 2009 $56.94 $56.94 Repayment Received
August 2009 $56.94 $56.94 Repayment Received
September 2009 $56.94 $56.92 Repayment Received
October 2009 $56.94 $56.94 Repayment Received
November 2009 $56.94 $56.94 Repayment Received
December 2009 $56.94 $56.94 Repayment Received
January 2010 $56.94 Available Jan 1  
February 2010 $57.02 Available Feb 1