Victor Clares


Status: Paid Back

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

About the Entrepreneur

Name: Victor Clares
Location: Achacachi, Bolivia
Activity: Cattle

About the Loan

Loan Amount: $1,000.00
Loan Use: Buy a medium quality dairy cow to increase overall milk production
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Nov 23, 2008
Date Disbursed: Oct 16, 2008
Date Funded:Nov 25, 2008
Loan Ended:Nov 15, 2009

About the Country

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



Víctor is a dairy farmer, supplying PIL Andina, a company that makes dairy products such as yogurt and butter. His wife helps to care for and feed the cows. Dairy farming is their principle source of income and helps them cover the costs of supporting their three children. He lives in the community of Irama belen in Achacachi, located in the province of Omasuyo (three hours from the city of La Paz). The loan will be used to purchase a dairy cow of medium quality so he can increase overall milk production. This is his first loan with Impro. The evaluation conducted by Impro qualifies him to be granted the loan.

Translated from Spanish by Priya Bapat, Kiva Volunteer


Víctor es productor de leche de vaca que comercializa a la empresa acopiadora PIL Andina para la transformación en productos derivados como ser yogurt, mantequilla y otros productos; la esposa ayuda con la crianza de las vacas y la alimentación de las mismas. Esta actividad constituye su principal fuente de ingresos con los que cubre la manutención de sus tres hijos. Vive en la comunidad Irama belen – Achacachi de la Provincia Omasuyo (a tres horas de la ciudad de La Paz).

El crédito lo destinara para la compra de una vaca lechera de mediana calidad para que incremente su producción leche.

Es el primer crédito con Impro, la evaluación realizada lo califica para otorgarle el crédito.

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Journal entries for Victor Clares


Loan has been disbursed
 
Entrepreneur: Victor Clares
Location: Achacachi, Bolivia

Thank you for your loan. It has been disbursed to Victor Clares 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 Achacachi, Bolivia
Nov 26, 2008
Comment on this entry

Update
 
Entrepreneur: Victor Clares
Location: Achacachi, Bolivia

Victor bought the cow and the loan is 10% re paid We will give you more information in the next journal.


Posted by Jose Jimenez from Achacachi, Bolivia
Dec 16, 2008
Comment on this entry

Kiva Help Repayment Schedule for Victor Clares

  Expected Repayments Actual Repayments Comments
January 2009 $83.33 $102.92 Repayment Received
February 2009 $83.33 $63.74 Repayment Received
March 2009 $83.33 $142.10 Repayment Received
April 2009 $83.33 $24.56 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