Rene


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $1,000.00
Loan Use: Buy tables, chairs, dishes and silverware for restuarant
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 1, 2008
Date Disbursed: Oct 15, 2008
Date Funded:Oct 1, 2008
Loan Ended:Nov 15, 2009

About the Country

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



Rene owns a restaurant in the 16 de Noviembre neighborhood in the tropical Santa Cruz region of eastern Bolivia. He and his wife own their own home in the same neighborhood and have two children, both students, who are 16 and 20 years old and help their parents out in the restaurant. The restaurant offers lunch each day and has many regular customers.


There is a lot of competition with other lunch counters, but Rene's prices are very low, which allows him to maintain a loyal customer base. The restaurant also has very high hygienic standards and the food is high quality, so the business is very stable.


Rene and his wife will use this loan to buy more tables and chairs for their restaurant so that they can seat more clients, as well as new dishes and silverware.


The couple has excellent credit history. This is their fourth loan with AgroCapital, and they have never gotten behind on their payments.


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Journal entries for Rene


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

Thank you for your loan. It has been disbursed to Rene by Fundación Agrocapital, a partner of ACDI/VOCA in Bolivia. We are excited to watch this business grow. Over the next 12 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 16, 2008
Comment on this entry

SEGUIMIENTO VARGAS RIGUEIRA RENE
 
Entrepreneur: Rene
Location: Location Undisclosed, Bolivia

EL FINANCIAMIENTO OTORGADO AYUDO RENE EN SU NEGOCIO, EL MISMO LE PERMITIO INCREMENTAR SUS INGRESOS Y MEJORAR SU PATRIMONIO. TAMBIÉN MEJORÓ LA CALIDAD DE VIDA TANTO DE SU PERSONA COMO LA SE SU FAMILIA. NO TIENE PROBLEMAS CON SUS PAGOS, CANCELA PUNTUALMENTE SU CREDITO DE ACUERDO A LO PACTADO EN EL PLAN DE PAGOS. DE MOMENTO NO REQUIERE DE NUEVOS FINANCIAMIENTOS.


Posted by Paola Gutierrez from Location Undisclosed, Bolivia
Nov 16, 2009
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Kiva Help Repayment Schedule for Rene

  Expected Repayments Actual Repayments Comments
January 2009 $83.33 $83.33 Repayment Received
February 2009 $83.33 $83.33 Repayment Received
March 2009 $83.33 $83.33 Repayment Received
April 2009 $83.33 $83.33 Repayment Received
May 2009 $83.33 $83.33 Repayment Received
June 2009 $83.33 $83.32 Repayment Received
July 2009 $83.33 $83.33 Repayment Received
August 2009 $83.33 $83.33 Repayment Received
September 2009 $83.33 $83.34 Repayment Received
October 2009 $83.33 $83.33 Repayment Received
November 2009 $83.33 $83.33 Repayment Received
December 2009 $83.37 $83.37 Repayment Received