Virgilio Quispe Mamani


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Virgilio Quispe Mamani
Location: Chijipina, Bolivia
Activity: Milk Sales

About the Loan

Loan Amount: $500.00
Loan Use: Purchase milk cow
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 1, 2008
Date Disbursed: Sep 15, 2008
Date Funded:Sep 1, 2008
Loan Ended:Oct 15, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:United States Dollars (USD)




Virgilio owns a milk cow and sells his product to PIL Andina S.A., a company that makes milk products. The company pays him every two weeks and Virgilio uses the money to maintain and educate his family. Virgilio is married and his wife helps sell potatoes and potato flour. The family lives in the Chijipina Chico community in the Omasuyo province, department of La Paz (three hours from city of El Alto). This loan will be invested in the purchase of a milk cow of medium quality, so they will be able to increase their milk production. This is the second time that IMPRO has granted them a loan, and their good repayment history has allowed them to approve this loan request.


Translated from Spanish by Laura Westin, Kiva volunteer.





Virgilio es productor de leche de vaca, comercializa su producto a PIL Andina S.A. una empresa que manufactura productos lácteos y paga quincenalmente a productores como Virgilio quien cubre la manutención y la educación de su familia. Virgilio es casado, su esposa ayuda con la comercialización de papa y chuño. La familia vive en la Comunidad Chijipina Chico Provincia Omasuyo del Departamento de La Paz (a tres horas de la Ciudad de El Alto). El crédito sera invertido en la compra de una vaca lechera de mediana calidad, así podrá incrementar su producción de leche. Es la segunda vez que Impro le otorga un crédito, su buen comportamiento de pago permite aprobar la solicitud.

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Journal entries for Virgilio Quispe Mamani


Loan has been disbursed
 
Entrepreneur: Virgilio Quispe Mamani
Location: Chijipina, Bolivia

Thank you for your loan. It has been disbursed to Virgilio Quispe Mamani by IMPRO in Bolivia. We are excited to watch this business grow. Over the next 12 months, IMPRO will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Chijipina, Bolivia
Sep 15, 2008
Comment on this entry

Update
 
Entrepreneur: Virgilio Quispe Mamani
Location: Chijipina, Bolivia

We have great news for you Virgilio re paid 33% of the loan that indicates he will cover 66% of the loan the next 30 days You have to admit that he is very responsible


Posted by Jose Jimenez from Chijipina, Bolivia
Mar 2, 2009
Comment on this entry

Kiva Help Repayment Schedule for Virgilio Quispe Mamani

  Expected Repayments Actual Repayments Comments
December 2008 $41.67 $42.00 Repayment Received
January 2009 $41.67 $41.34 Repayment Received
February 2009 $41.67 $41.67 Repayment Received
March 2009 $41.67 $41.67 Repayment Received
April 2009 $41.67 $41.67 Repayment Received
May 2009 $41.67 $41.67 Repayment Received
June 2009 $41.67 $41.66 Repayment Received
July 2009 $41.67 $41.67 Repayment Received
August 2009 $41.67 $41.67 Repayment Received
September 2009 $41.67 $41.68 Repayment Received
October 2009 $41.67 $41.67 Repayment Received
November 2009 $41.63 $41.63 Repayment Received