Ángel Peralta


Status: Paid Back

$1,050.00   Loan Request
$1,050.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $1,050.00
Loan Use: Purchase inventory for vegetable market
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 3, 2006
Date Disbursed: Aug 22, 2006
Date Funded:Aug 8, 2006
Loan Ended:Mar 1, 2007

About the Country

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



Don Angel is a 29 year-old native of Valencia, Ecuador who, along with his wife, owns a house and cares for his three children. His business is selling platanos and yucca, and he has been honing his skills for 5 years. Plátano y Yuca Don Ángel is located in the Municipal de Bastión Popular, a large marketplace where entrepreneurs sell their goods. He works from 4:00 am until 12:00, but he could not operate without the help of his right-hand woman – his wife. They both alternate going out to other provinces to stock up on the finest yucca and platanos. They are requesting a loan of $1030 so they can purchase food in cash and receive a discount. Ultimately, this capital will enable them to serve a wider market than just the frequent customers of the Bastion Popular. Our evaluation of their business is that it is sustainable because Don Angel and his wife are hard-working, proven, and responsible. With the help of this Mifex loan these entrepreneurs hope to make improvements on their house and provide a better future for their children.


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Journal entries for Ángel Peralta


Loan has been disbursed
 
Entrepreneur: Ángel Peralta
Location: Guayaquil, Ecuador

Thank you for your loan. It has been disbursed to Ángel Peralta by MIFEX in Ecuador. We are excited to watch this business grow. Over the next 6 - 10 months, MIFEX will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by James Chavez from Guayaquil, Ecuador
Aug 23, 2006
Comment on this entry

Agradecimientos
 
Entrepreneur: Ángel Peralta
Location: Guayaquil, Ecuador

Don Angel y su familia, agradecen a los prestatarios sociales y a Kiva por su inmensa ayuda a los microempresarios ecuatorianos. Su prestamo a permitido que su famila esta mas unida por que ahora pueden trabajar juntos y generar ingresos fiancieros como resultado del microcredito. Su hogar tiene mejores dias por que puede tener una alimentacion de mejor calidad y dotarle de educacion a sus hijos.

Guayaquil-Ecuador


Posted by Luis Crespo from Guayaquil, Ecuador
Nov 7, 2006
Comment on this entry

Loan Evaluation
 
Entrepreneur: Ángel Peralta
Location: Guayaquil, Ecuador

Don Angel has just completed the last payment of his first loan. He was able to use the loan as planned, as 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 in the process of applying for a second Kiva loan in order to set up another point of sale. 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.


Posted by Robert Edgar from Guayaquil, Ecuador
Mar 1, 2007
Comment on this entry

Kiva Help Repayment Schedule for Ángel Peralta

  Expected Repayments Actual Repayments Comments
November 2006 $175.00 $175.00 Repayment Received
December 2006 $175.00 $175.00 Repayment Received
January 2007 $175.00 $175.00 Repayment Received
February 2007 $175.00 $175.00 Repayment Received
March 2007 $175.00 $175.00 Repayment Received
April 2007 $175.00 $0.00 Repayment Received
May 2007 $0.00 $175.00