Angel Peralta


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Angel Peralta
Location: Guayaquil, Ecuador
Activity: Food Market

About the Loan

Loan Amount: $1,200.00
Loan Use: Open a new stand where he'll sell his products
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Mar 8, 2007
Date Disbursed: Mar 25, 2007
Date Funded:Mar 11, 2007
Loan Ended:Dec 3, 2007

About the Country

Country:Ecuador
Avg Annual Income:$4,776.00
Currency:United States Dollars (USD)



Don Angel has borrowed from Kiva and Mifex previously. He has a stand in a local market in Bastion Popular where he sells yucca, plantains and avocadoes. He was able to use the first loan as planned; he invested in more of his products at wholesale prices. Angel was able to witness the immediate effects of the capital as his profits increased.



He and his wife have been steadily making improvements to their home and also saving up. They are now applying for a second Kiva loan in order to set up another point of sale. Their business is going so well they believe they can make additional profit from a new stand. This new stand will be run by Angel’s wife, who is his business partner and an integral part of their operation. They extend their gratitude to the community that helped them with their first loan, and hope they will continue to be benefactors of the Kiva system.




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Journal entries for Angel Peralta


Agradecimientos
 
Entrepreneur: Angel Peralta
Location: Guayaquil, Ecuador

Don ángel estaba de viaje a su retorno recibió su microcredito , por cierto es el segundo, el primero pago en forma oportuna y espera poder crecer en su negocio en este semestre. Su familia le ayuda a Ángel en su día a día y reciben ingresos para la manutención del hogar. su hogar tiene mejorar en la vivienda y sus hijos están estudiando.

www.mifex.org


Posted by Luis Crespo from Guayaquil, Ecuador
Apr 18, 2007
Comments (1)

New Plantain Stand!
 
Entrepreneur: Angel Peralta
Location: Guayaquil, Ecuador

Don Angel and his wife have successfully set up their new plantain stand. Senora Peralta now works on her own at a different market selling plantains which they buy wholesale. The Peraltas really enjoy working side by side but are willing to endure this sacrifice of not working together for the benefit of their children and their family as a whole. Their two children are very lively and enjoy being in school.

Both stands are doing well and the new one has taken off due to the sheer popularity of the plantain. In Ecuador, there are many varieties of "platanos" - maduros, verdes, oritos, guineseos, and more. As you can imagine, these show up on your plate in countless ways! Don Angel is happy to provide such a service to his community and looks for new ways to be entrepreneurial.


Posted by Lyz Li from Guayaquil, Ecuador
Nov 12, 2007
Comment on this entry

Kiva Help Repayment Schedule for Angel Peralta

  Expected Repayments Actual Repayments Comments
June 2007 $120.00 $0.00 Repayment Received
July 2007 $120.00 $0.00 Repayment Received
August 2007 $120.00 $240.00 Repayment Received
September 2007 $120.00 $120.00 Repayment Received
October 2007 $120.00 $120.00 Repayment Received
November 2007 $120.00 $120.00 Repayment Received
December 2007 $120.00 $120.00 Repayment Received
January 2008 $120.00 $120.00 Repayment Received
February 2008 $120.00 $360.00 Repayment Received
March 2008 $120.00 $0.00 Repayment Received