Daniel Torres

Status: Paying Back

$1,025
Loan Request
Pre-Disbursed : Sep 17, 2009
Listed: Oct 13, 2009
Funded: Oct 19, 2009
25% repaid

About the Country

Country:Paraguay
Avg Annual Income:$4,555
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,895.0000 PYG = 1 USD


About the Loan

Location: Ita, Paraguay   Repayment Term: 14 months
(more info)
Activity: Services   Repayment Schedule: Monthly
Loan Use: To purchase honey   Currency Exchange Loss: Covered
      Default Protection: Covered
Daniel is 36 years old and has been married to Lucille for seven years. They have two children, aged 4 and 5. Since Daniel was very young, he started working in the market with his uncle, selling fruits and vegetables in a small stall. When he turned 18, he traveled to Argentina to work in tailoring. Since then, he has been creating costumes for men. He worked for 5 years in Argentina, and with his small savings he returned to Paraguay to set up a small business selling honey. With the support of his wife who helps selling the product, they hope to generate revenue. He is very grateful for the business because they now have their own home and a vehicle, which makes it easier to distribute honey to different parts in the city.
They are very happy with their jobs because of the earnings they have made. The income gives them economic stability for their entire family. This time, he is applying for a loan to buy more honey, to make honey cakes and sweets. Having more capital means getting better prices that will help sell their products in wholesale form.


Subscribe

Lenders to this entrepreneur

katherine
Hamlet, NC
United States

Laurent D
Brussels,
Belgium

The Alaska Pack
www.kivafriends.org/, Alaska
United States

Berry
Wyoming,
United States

ronzo
apex, NC
United States

el Chapulín Colorado
NH
United States

D
brunswick, ME
United States

Geoff

United States

Sharon
Oilton, OK
United States

Sherry
Newton, MA
United States

Mark
Antwerp, Antwerp
Belgium

Steve and Gayle
La Salle, Il
United States

Russell
Avon, OH
United States

Jack
Hunt Valley, MD
United States

Lori
Mount Airy, MD
United States

Cheryl
Fort Washington, MD
United States

Amanda
Minnetonka, MN
United States

Ernie
Delta, British Columbia
Canada

Martin S.L.
Erlangen,
Germany

Sommer
Beech Grove, IN
United States

Ben
San Francisco, CA
United States

Happy V
Ladysmith, British Columbia
Canada

Bengt
Oslo,
Norway

Andy
Mount Union, PA
United States

Kinjo
Sydney, NSW
Australia

Johan
OSLO, OSLO
Norway

Thirty Day Challenge
Manchester, Grtr. Manchester
United Kingdom

Joshua
San Francisco, CA
United States

David
KivaFriends.org, Evansville, IN
United States



Top Lending Teams for this entrepreneur


Endangered Beekeepers
Friends
44 Members

Team Europe
Local Area
1444 Members

Kiva Christians
Friends
3635 Members

Intel Small Things Challenge
Businesses
494 Members

Journal entries for Daniel Torres


Loan has been disbursed
 
Entrepreneur: Daniel Torres
Location: Ita, Paraguay

Thank you for your loan. It has been disbursed to Daniel Torres by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the 11 months of this loan, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ita, Paraguay
Oct 20, 2009
Comment on this entry

Kiva Help Repayment Schedule for Daniel Torres

  Expected Repayments Actual Repayments Comments
December 2009 $85.42 $85.42 Repayment Received
January 2010 $85.41 $85.41 Repayment Received
February 2010 $85.42 $85.42 Repayment Received
March 2010 $85.42 Available Mar 1  
April 2010 $85.41 Available Apr 1  
May 2010 $85.42 Available May 1  
June 2010 $85.42 Available Jun 1  
July 2010 $85.41 Available Jul 1  
August 2010 $85.42 Available Aug 1  
September 2010 $85.42 Available Sep 1  
October 2010 $85.41 Available Oct 1  
November 2010 $85.42 Available Nov 1