Faustino Espinola
| $1,050 |
Loan Request
Disbursed
: Dec 3, 2007
Listed: Nov 17, 2007
Funded: Nov 19, 2007
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|---|---|
| $1,050 |
Paid Back
Ended: Jan 15, 2009
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About the Field Partner
| Fundación Paraguaya administers this loan. Learn more | |||||||
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| Field Partner: | Fundación Paraguaya | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 32 months | ||||||
| Kiva Entrepreneurs: | 13358 | ||||||
| Total Loans: | $3,087,950 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 0.00% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Country
| Country: | Paraguay |
|---|---|
| Avg Annual Income: | $4,555 |
| Currency: | Paraguay Guarani (PYG) |
| Exchange Rate: | 4,777.1500 PYG = 1 USD |
About the Loan
| Location: | San Lorenzo, Paraguay | Repayment Term: | 15 months (more info) |
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|---|---|---|---|---|
| Activity: | Milk Sales | Repayment Schedule: | Monthly | |
| Loan Use: | purchase more dairy products | Currency Exchange Loss: | Covered | |
| Default Protection: | Covered |
Faustino began working as a distributor of dairy products seven years ago. He has previously owned a small grocery but after more saving and sacrifice was able to buy a van. With the van he began his business delivering dairy products to the people in Capiata. In addition to what he sells during his delivery route Leonora also helps with the business by selling dairy products out of their home.
With the loan they have solicited, Faustino and his wife will purchase more dairy products. It is their hope that they will expand their business enough to purchase another vehicle and thereby increase the number of people they can serve.
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Jim
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Journal entries for Faustino Espinola
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Loan has been disbursed
Location: San Lorenzo, Paraguay
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Posted by
Denysse Figueredo from San Lorenzo, Paraguay
Nov 19, 2007 |
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Comment on this entry
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Repayment Schedule for Faustino Espinola
Repayment Schedule for Faustino Espinola
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| February 2008 | $0.00 | $88.00 | |||
| March 2008 | $87.50 | $88.00 |  Repayment Received
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| April 2008 | $87.50 | $88.00 | Repayment Received
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| May 2008 | $87.50 | $88.00 | Repayment Received
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| June 2008 | $87.50 | $88.00 | Repayment Received
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| July 2008 | $87.50 | $88.00 | Repayment Received
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| August 2008 | $87.50 | $88.00 | Repayment Received
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| September 2008 | $87.50 | $88.00 | Repayment Received
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| October 2008 | $87.50 | $88.00 | Repayment Received
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| November 2008 | $87.50 | $88.00 | Repayment Received
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| December 2008 | $87.50 | $88.00 | Repayment Received
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| January 2009 | $87.50 | $0.00 | Repayment Received
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| February 2009 | $87.50 | $82.00 | Repayment Received
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