Victor Hugo Garcia Roldan

Status: Paid Back

$500.00		Loan Request
$500.00		Paid Back

About the Entrepreneur

Name:	Victor Hugo Garcia Roldan
Location:	Querétaro, Mexico
Activity:	Electrician

About the Loan

Loan Amount:	$500.00
Loan Use:	To buy tools for his work
Repayment Term:	8 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Aug 7, 2008
Date Disbursed:	Aug 22, 2008
Date Funded:	Aug 8, 2008
Loan Ended:	Mar 31, 2009

About the Field Partner

Field Partner:

Admic Nacional

Field Partner Risk Rating:

(Learn more)

Paused

38 months

3374

$1,683,000

38.38%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Mexico
Avg Annual Income:	$11,249.00
Currency:	Mexico Pesos (MXN)
Exchange Rate:	10.0511 MXN = 1 USD

Victor is a man who married when he was very young, and he has two children. His wife helps him sell cosmetics. He learned to be an electrician at a young age and, ten years ago, he and his brother started a business, which allows Victor to give a better quality of life to his son, who will be born soon.

Victor needs a loan for US $500 that he will repay in 6 months so that he can buy a polishing machine, a new drill, and a chopsaw. With your help, Victor will go forward.

Translated from Spanish by A. Shah, Kiva Volunteer.

Víctor es un hombre que se caso muy joven tiene 2 niños, su esposa le ayuda vendiendo cosméticos, el aprendió el ofició de electricista desde pequeño, inicio su negocio hace 10 años junto con su hermano ya que el desea darle una mejor calidad de vida a su hijo que esta próximo a nacer.

El necesita un préstamo por US $500 que pagara en 6 meses para comprar una pulidora, taladro nuevo y caladora. Con tu ayuda Víctor saldrá adelante.

Lenders to this entrepreneur

DA 1
Columbus, OH
United States

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

Michael
Plantation, FL
United States

Christian
Aarberg,
Switzerland

Cath
Glen Waverley, Victoria

Gomer Otterspeer
Amersfoort, Utrecht
Netherlands

Ned
Austin, TX
United States

Dick
Adelaide, SA
Australia

Anette
Copenhagen, Denmark
Denmark

Anthony ter Neuzen
Haarlem, NH
Netherlands

Jon
NORTH MONMOUTH, ME
United States

Philipp

Germany

Robert
Toronto, Ontario
Canada

Kim & Hayden
Sydney, New South Wales
Australia

Journal entries for Victor Hugo Garcia Roldan

Loan has been disbursed Entrepreneur: Victor Hugo Garcia Roldan Location: Querétaro, Mexico Thank you for your loan. It has been disbursed to Victor Hugo Garcia Roldan 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 Rebeca Casas Abrego from Querétaro, Mexico Aug 8, 2008
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Repayment Schedule for Victor Hugo Garcia Roldan

Show Advanced

	Expected Repayments	Actual Repayments	Comments
November 2008	$83.33	$84.00	Repayment Received
December 2008	$83.33	$84.00	Repayment Received
January 2009	$83.33	$82.00	Repayment Received
February 2009	$83.33	$83.33	Repayment Received
March 2009	$83.33	$83.33	Repayment Received
April 2009	$83.35	$83.33	Repayment Received
May 2009	$0.00	$0.01