Ismael Torres Sanchez


Status: Refunded

$700.00   Loan Request

About the Entrepreneur

Name: Ismael Torres Sanchez
Location: Nuevo Laredo, Mexico
Activity: Auto Repair

About the Loan

Loan Amount: $700.00
Loan Use: Purchase spare parts for an automobile repair shop.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 27, 2008
Date Disbursed: Sep 12, 2008
Date Funded:Aug 29, 2008
Refund Date:Dec 10, 2008

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.1593 MXN = 1 USD



Mr. Ismael Torres has had an automobile repair shop for more than 6 years. This business represents the income source for his family; he has 3 children who are all students. The business needs spare parts and more up-to-date parts to offer a better service to his clients and that way they won’t have to go somewhere else to get their cars repaired and the business and family income will increase. The repair shop is located on the same land as his house. He has had two loans with FVP which were repaid on time. Mr. Ismael Torres is applying for a loan with KIVA to purchase spare parts for automobiles to make his business grow.

Translated from Spanish by Lene Struck, Kiva volunteer.



El Sr. Ismael Torres tiene un negocio de reparación de automóviles desde hace ya más de 6 años. Este negocio es la fuente de ingreso de su familia ya que tiene 3 hijos los cuales están estudiando. Al negocio le está haciendo falta refacciones y partes más modernos para darles un mejor servicio a sus clientes y así sus clientes no tendrán que ir a otro lugar para que les reparen sus automóviles y sus ingresos al negocio y a la familia serán mejores. El negocio está en el mismo terreno donde está su casa. El ha tenido dos préstamos con FVP los cuales los pago puntualmente. El Sr. Ismael Torres está solicitando un préstamo a KIVA para la compra de refacciones y partes de automóviles para que su negocio tenga más clientes.


Subscribe

Lenders to this entrepreneur

Kay
Columbia, MD KivaFriends.org
United States

festival
Montreal, Quebec
Canada

Jim&Conchita Burmeister
Carlsbad, Ca
United States

Good Dogg
Front Porch, www.kivafriends.org
United States

Collins Family
Kerrville, TX
United States

Big Bully Cat's owner
Sunnyvale, CA
United States

Vermonter
So. Burlington, VT
United States

Joel and Emily
Fort Collins, CO
United States

david
lititz, PA
United States

Bobbu
Washington, DC
United States

Anonymous

Glen & Hilary
New Rochelle, NY
United States

Trent
White Bear Lake, MN
United States

Tom
Houston, TX
United States

Michael
Chicago, IL
United States

Anonymous
Wien, Wien
Austria

Sandra and Andreas
Urdorf,
Switzerland

Alex Rudloff
Satellite Beach, FL
United States

Anonymous
Glen Mills, PA
United States

Anonymous
Doraville, GA
United States



Top Lending Teams for this entrepreneur


KivaFriends.org
Common Interest
956 Members

Journal entries for Ismael Torres Sanchez


Loan has been disbursed
 
Entrepreneur: Ismael Torres Sanchez
Location: Nuevo Laredo, Mexico

Thank you for your loan. It has been disbursed to Ismael Torres Sanchez by Fundación para la Vivienda Progresiva (FVP), a partner of CHF International in Mexico. We are excited to watch this business grow. Over the next 12 months, Fundación para la Vivienda Progresiva (FVP), a partner of CHF International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Nuevo Laredo, Mexico
Sep 14, 2008
Comment on this entry

Loan Refunded
 
Entrepreneur: Ismael Torres Sanchez
Location: Nuevo Laredo, Mexico

This loan has been refunded for the following reason:

Due to an administrative error, this loan was posted twice on Kiva. Per Kiva's policy, it must be refunded. We apologize for the inconvenience and thank you for your support.


Posted by Giovanna Masci, Kiva Staff, from San Francisco, United States
Dec 10, 2008
Comment on this entry

Kiva Help Repayment Schedule for Ismael Torres Sanchez

  Expected Repayments Actual Repayments Comments
December 2008 $58.33 $59.00 Repayment Received
January 2009 $58.34 $0.00 Repayment Received
February 2009 $58.33 $0.00 Repayment Received
March 2009 $58.33 $0.00 Repayment Received
April 2009 $58.34 $0.00 Repayment Received
May 2009 $58.33 $0.00 Repayment Received
June 2009 $58.33 $0.00 Repayment Received
July 2009 $58.33 $0.00 Repayment Received
August 2009 $58.34 $0.00 Repayment Received
September 2009 $58.33 $0.00 Repayment Received
October 2009 $58.33 $0.00 Repayment Received
November 2009 $58.34 $0.00 Repayment Received