Angel


Status: Paying Back

$1,000.00   Loan Amount
66% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name and location be undisclosed)
Name: Angel
Location: Location Undisclosed, Bolivia
Activity: Personal Purchases

About the Loan

Loan Amount: $1,000.00
Loan Use: To buy a motorcycle
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 4, 2008
Date Disbursed: Oct 18, 2008
Date Funded:Oct 4, 2008

About the Country

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



Angel is a 46 year old man who lives in the tropical Santa Cruz region of eastern Bolivia. He lives with his wife and their son, who helps him with his work as a contractor. Angel also builds cabins and stables. Angel has many years of experience and is very well known in the area. He has very little competition, since most of the contractors in his area moved to Spain to look for better paying jobs. Contractors are in high demand where he lives, so Angel has lots of work, and the prices he can charge have risen substantially due to the lack of contractors in the area.

Angel will use this loan to buy a motorcycle for personal use. He has no negative credit history, according to his credit report.

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Journal entries for Angel


Loan has been disbursed
 
Entrepreneur: Angel
Location: Location Undisclosed, Bolivia

Thank you for your loan. It has been disbursed to Angel by Fundación Agrocapital, a partner of ACDI/VOCA in Bolivia. We are excited to watch this business grow. Over the next 18 months, Fundación Agrocapital, a partner of ACDI/VOCA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Location Undisclosed, Bolivia
Oct 19, 2008
Comment on this entry

Update on your loan to Angel in Bolivia
 
Entrepreneur: Angel
Location: Location Undisclosed, Bolivia

EL CLIENTE OBTUVO EL Crédito PARA COMPRA DE UNA MOTO . LA CUAL SE COMPRO Y LE MEJORO SU INGRESOS , SU CALIDAD DE VIDA MEJORO YA QUE COMO ES ALBAÑIL , TUVO LA POSIBILIDAD DE HACER MEJORAS EN SU DOMICILIO, NO TUVO NI UN TIPO DE PROBLEMA, MAS BIEN TIENE BASTANTE DEMANDA DE TRABAJO, SU EXPECTATIVAS A FUTURO ES SEGUIR MEJORANDO SUS INGRESOS, PARA SEGURI HACIENDO AMPLIACIONES EN SU DOMICILIO

Angel obtained the credit in order to buy a motorcycle. He bought the motorcycle and that has increased his income. Since he is a construction worker, was able to make improvements in his home. He had no problems; in fact, he had a lot of demand for his work. In the future, Angel would like to keep improving his income in order to keep adding on to his house.

Thanks lenders!


Posted by Nilima Achwal from Location Undisclosed, Bolivia
Aug 12, 2009
Comment on this entry

Kiva Help Repayment Schedule for Angel

  Expected Repayments Actual Repayments Comments
January 2009 $55.56 $55.56 Repayment Received
February 2009 $55.56 $55.56 Repayment Received
March 2009 $55.56 $55.56 Repayment Received
April 2009 $55.56 $55.56 Repayment Received
May 2009 $55.56 $55.56 Repayment Received
June 2009 $55.56 $55.56 Repayment Received
July 2009 $55.56 $55.56 Repayment Received
August 2009 $55.56 $55.56 Repayment Received
September 2009 $55.56 $55.56 Repayment Received
October 2009 $55.56 $55.56 Repayment Received
November 2009 $55.56 $55.56 Repayment Received
December 2009 $55.56 $55.56 Repayment Received
January 2010 $55.56 Available Jan 1  
February 2010 $55.56 Available Feb 1  
March 2010 $55.56 Available Mar 1  
April 2010 $55.56 Available Apr 1  
May 2010 $55.56 Available May 1  
June 2010 $55.48 Available Jun 1