Adriel


Status: Paid Back

$1,075.00   Loan Request
$1,075.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Adriel
Location: Pucallpa, Peru
Activity: Vehicle Repairs

About the Loan

Loan Amount: $1,075.00
Loan Use: Improvement of his workshop and investment in the tools needed for labor.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 15, 2008
Date Disbursed: Aug 29, 2008
Date Funded:Aug 15, 2008
Loan Ended:Mar 16, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8428 PEN = 1 USD



Adriel is 60 years old and the father of 5 children, 4 of which are independent. He now lives with his wife, Margarita, and his youngest son, for who he works very hard. Adriel offers services as a mechanic, 24 hours a day. Because of his excellent work, he is very busy and does not find it difficult to work at any hour, since his shop is in his own home. He has been a mechanic for 8 years, and feels pleased, since little by little he has purchased the tools he needs for work. Sometimes he has to get up in the middle of the night to tend to a customer, but he does it happily. He works to cover the daily cost of living and to support his son who is studying. Adriel is requesting this loan to expand his business, as well as investing in some other tools. In the future he wants to have his home rebuilt and ensure it has all the comforts for his wife and son.



Translated from Spanish to English by Laura Jung, Kiva Volunteer



Adriel tiene 60 años, es padre de 5 hijos, 4 de ellos ya son independientes. Ahora vive con su esposa Margarita y su último hijo, por quien trabaja arduamente.
Adriel brinda servicios de mecánica, las 24 horas del día, por su excelente trabajo, es muy solicitado y no le es difícil atender a cualquier hora, ya que su taller se encuentra en su misma vivienda. Se dedica a esto hace 8 años, se siete feliz, ya que poco a poco ha ido comprando las herramientas de trabajo que necesitaba. A veces tiene que levantarse a media noche para atender a un cliente, pero lo hace con agrado. Trabaja para solventar sus gastos diarios y el apoyo para su hijo quien esta estudiando.
El motivo por el que solicita el préstamo es para ampliar su negocio, como también implementarse con algunas otras herramientas. Más adelante quiere mandar a reconstruir su vivienda y contar con todas las comodidades para su esposa e hijo.



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Journal entries for Adriel


Loan has been disbursed
 
Entrepreneur: Adriel
Location: Pucallpa, Peru

Thank you for your loan. It has been disbursed to Adriel Angulo Pezo by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the next 6 months, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Pucallpa, Peru
Aug 30, 2008
Comments (1)

Kiva Help Repayment Schedule for Adriel

  Expected Repayments Actual Repayments Comments
November 2008 $179.17 $180.00 Repayment Received
December 2008 $179.17 $179.00 Repayment Received
January 2009 $179.17 $178.50 Repayment Received
February 2009 $179.17 $179.17 Repayment Received
March 2009 $179.17 $179.17 Repayment Received
April 2009 $179.15 $179.16 Repayment Received