Eltan


Status: Paying Back

$1,000.00   Loan Amount
72% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $1,000.00
Loan Use: Working capital
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Mar 1, 2009
Date Disbursed: Jan 27, 2009
Date Funded:Mar 2, 2009

About the Country

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



Eltan's family consists of four members: his partner, his two sons of seven and three years respectively, and him. Eltan works transporting passengers with his own motorcycle taxi. In his home he has a neighborhood store where all kinds of groceries are sold. Eltan's competition is medium, since there exist many others doing the same activities, but at the same time demand is very high.

The loan will be used for working capital in his grocery business. This is Eltan's fourth loan and during all the time of his commercial relationship he has proved to be an excellent client.

Translated from Spanish by Daniel Burke, Kiva Volunteer


La familia de Eltan esta compuesta por cuatro integrantes: su concubina, sus dos hijos de siete y tres años respectivamente y él. Eltan se dedica al transporte de pasajeros con su propia moto taxi, en su domicilio cuentan con una tienda de barrio donde venden todo tipo de abarrotes. La competencia para Eltan es media ya que existen muchos con las mismas actividades pero paralelamente la demanda también es muy elevada. El crédito será destinado como capital de trabajo en su negocio de abarrotes. Esta es la cuarta operación de Eltan y en todo el tiempo de la relación somercial demostró ser un excelente cliente.

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Journal entries for Eltan


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

Thank you for your loan. It has been disbursed to Eltan by Fundación Agrocapital, a partner of ACDI/VOCA in Bolivia. We are excited to watch this business grow. Over the 11 months of this loan, 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
Mar 3, 2009
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Kiva Help Repayment Schedule for Eltan

  Expected Repayments Actual Repayments Comments
May 2009 $146.79 $146.79 Repayment Received
June 2009 $76.16 $76.16 Repayment Received
July 2009 $78.06 $78.06 Repayment Received
August 2009 $80.02 $80.02 Repayment Received
September 2009 $82.02 $82.02 Repayment Received
October 2009 $84.07 $84.07 Repayment Received
November 2009 $86.17 $86.17 Repayment Received
December 2009 $88.32 $88.32 Repayment Received
January 2010 $90.53 Available Jan 1  
February 2010 $92.79 Available Feb 1  
March 2010 $95.07 Available Mar 1