Francisco Jama
| $375 |
Loan Request
Disbursed
: Jan 29, 2007
Listed: Jan 15, 2007
Funded: Jan 15, 2007
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| $375 |
Paid Back
Ended: Jul 19, 2007
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About the Field Partner
| MIFEX administers this loan. Learn more | |||||||
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| Field Partner: | MIFEX | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Closed | ||||||
| Time on Kiva: | 45 months | ||||||
| Kiva Entrepreneurs: | 1918 | ||||||
| Total Loans: | $1,396,800 | ||||||
| Interest & Fees are Charged: | No (Learn more) | ||||||
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| Delinquency Rate: | N/A - No Paying Back Loans | ||||||
| Default Rate: | 24.14% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Country
| Country: | Ecuador |
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| Avg Annual Income: | $4,776 |
| Currency: | United States Dollars (USD) |
About the Loan
| Location: | Guayaquil, Ecuador | Repayment Term: | 8 months (more info) |
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| Activity: | Food Production/Sales | Repayment Schedule: | Monthly | |
| Loan Use: | Buy tables and chairs for his clients to use | Currency Exchange Loss: | N/A | |
| Default Protection: | Covered |
Francisco has a stand where he sells tortillas and common Ecuadorian foods. He started the business off with only $10 of capital several years ago. This business has provided for Francisco and his 3 children. He depends on the stand to provide food, shelter and education for his family. He is requesting the loan in order to buy chairs and tables to put around his stand. He hopes that his business will continue to become popular and that one day he can open a restaurant.
Mifex offers its clients microinsurance and access to business training and educational programs. For more information about microfinance, Ecuador, and our services, please visit www.mifex.org.
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Journal entries for Francisco Jama
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Agradecimientos a Kiva
Location: Guayaquil, Ecuador
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Posted by
Luis Crespo from Guayaquil, Ecuador
Jan 19, 2007 |
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Comment on this entry
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Good investments
Location: Guayaquil, Ecuador
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Posted by
Robert Edgar from Guayaquil, Ecuador
Jul 31, 2007 |
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Comment on this entry
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Repayment Schedule for Francisco Jama
Repayment Schedule for Francisco Jama
| Expected Repayments | Actual Repayments | Comments | |||
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| April 2007 | $62.50 | $0.00 |  Repayment Received
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| May 2007 | $62.50 | $126.00 | Repayment Received
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| June 2007 | $62.50 | $0.00 | Repayment Received
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| July 2007 | $62.50 | $126.00 | Repayment Received
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| August 2007 | $62.50 | $63.00 | Repayment Received
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| September 2007 | $62.50 | $60.00 | Repayment Received
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