Ramón Núñez

Status: Paying Back

$1,050
Loan Request
Pre-Disbursed : Nov 4, 2009
Listed: Nov 21, 2009
Funded: Nov 27, 2009
8% repaid

About the Country

Country:Paraguay
Avg Annual Income:$4,555
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,820.0000 PYG = 1 USD


About the Loan

Location: Ita, Paraguay   Repayment Term: 14 months
(more info)
Activity: Transportation   Repayment Schedule: Monthly
Loan Use: To repair his delivery truck.   Currency Exchange Loss: Covered
      Default Protection: Covered
Ramón Núñez is 43 years old and lives in the village of J. Augusto Saldivar, a few miles from Asuncion.

Ramón has two trucks, one of which he uses for the transportation of fruit and vegetables to sell at farmer’s markets, supermarkets, meat markets, and shops in the neighborhoods of Asunción and surrounding areas. He has been delivering fruit and vegetables for more than 15 years. With the other truck, Ramón moves freight and make other large deliveries. He has been in that business for over 4 years.

Ramón started his business with a horse-drawn cart in a busy neighborhood. After working hard for many years, he saved the money necessary to replace his horse and cart with a truck. Ramón also has 33 hectares of land, which he received as an inheritance from his parents. There, Ramón plants vegetables, which he also then harvests and sells from his truck.

Ramón needs a loan so that he can repair his truck, an indispensable part of his business.

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Journal entries for Ramón Núñez


Loan to Ramón Núñez in Paraguay has been 100% funded
 
Entrepreneur: Ramón Núñez
Location: Ita, Paraguay

Thanks to you and 35 other Kiva Lenders, the 1050.00 loan requested by Ramón Núñez in Paraguay has been 100% funded. The loan will be used for the purpose of: To repair his delivery truck..

Over the months of this loan, Kiva’s Field Partner in Paraguay, Fundación Paraguaya, will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ita, Paraguay
Nov 27, 2009
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Kiva Help Repayment Schedule for Ramón Núñez

  Expected Repayments Actual Repayments Comments
February 2010 $87.50 $87.50 Repayment Received
March 2010 $87.50 Available Mar 1  
April 2010 $87.50 Available Apr 1  
May 2010 $87.50 Available May 1  
June 2010 $87.50 Available Jun 1  
July 2010 $87.50 Available Jul 1  
August 2010 $87.50 Available Aug 1  
September 2010 $87.50 Available Sep 1  
October 2010 $87.50 Available Oct 1  
November 2010 $87.50 Available Nov 1  
December 2010 $87.50 Available Dec 1  
January 2011 $87.50 Available Jan 1