Elvira Wammann


Status: Paid Back

$1,025.00   Loan Request
$1,025.00   Paid Back

About the Entrepreneur

Name: Elvira Wammann
Location: Asunción, Paraguay
Activity: Cobbler

About the Loan

Loan Amount: $1,025.00
Loan Use: Purchase a variety of shoes and items imported from Bolivia for end-of-year sales
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 3, 2009
Date Disbursed: Dec 2, 2008
Date Funded:Jan 3, 2009
Loan Ended:Jun 15, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,939.6000 PYG = 1 USD



Elvira Wammann has been a client of Kiva partner Fundacion Paraguaya for three years, standing out by making her payments well. She is a single mother, which is why she works doubly hard as the head of household. She has no other income to pay for her home's expenses.

She began her business of buying and selling 10 years ago, selling, door to door, clothes for various occasions until she earned a little bit of money to set herself up in her own location, where she has been until now, relying on a wide stock of merchandise. This allows her to be optimistic about the end of the year, when there are more expected sales.

Translated from Spanish by Olivia Engkvist, Kiva Volunteer


La señora Elvira Wammann es cliente de la Fundación Paraguaya hace 3 años, destacándose por su pago excelente, es madre soltera por lo que sus esfuerzos se redoblan por tener el papel de jefa de hogar y no tener otro ingreso para sustentar los gastos de la casa. Se inició en el negocio de compra y venta hace 10 años , vendiendo ropa de ocasión casa por casa hasta lograr un pequeño capital para establecerse en su local propio hasta hoy día , contando con un amplio stock de mercaderías varias lo cual le permite mirar con optimismo el periodo de fin de año donde hay mas expectativas de ventas.

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Journal entries for Elvira Wammann


Loan has been disbursed
 
Entrepreneur: Elvira Wammann
Location: Asunción, Paraguay

Thank you for your loan. It has been disbursed to Elvira Wammann by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the 5 months of this loan, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Asunción, Paraguay
Jan 4, 2009
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Kiva Help Repayment Schedule for Elvira Wammann

  Expected Repayments Actual Repayments Comments
March 2009 $205.00 $205.00 Repayment Received
April 2009 $205.00 $205.00 Repayment Received
May 2009 $205.00 $205.00 Repayment Received
June 2009 $205.00 $205.00 Repayment Received
July 2009 $205.00 $205.00 Repayment Received