Saturday, February 5, 2011

February Kiva Loan: El Salvador


Jose Elias
Location: Puerto El Triunfo, Usulutan, El Salvador
Loan Use: To install electricity in his business premises
Sector:Food
Activity: Food Production/Sales
Repayment Term:8 months
Repayment Schedule:Monthly

26 year-old José Elías lives in Puerto el Triunfo, in Usulután department, with his parents and siblings. He is an employee and also sells fast food such as 'tortas mexicanas' (a type of sandwich), tacos and burgers. He has been in this business for 5 years. He came up with the idea when he was working at FOSALUD as a service assistant. He wanted to do well and lead a more stable life and so he decided to run his business at the same time.

He is currently requesting a loan to install electricity in his business premises and he also hopes to buy supplies so that he can continue preparing meals for his customers.

This investment will improve his business since his premises will be in a more suitable condition with electricity. He intends to pay back his loan at the correct time. His goal is to improve both his own financial position and that of his family.



One loan is still delinquent.

Group: Flores de Dolores
Location: Atlacomulco, Estado de México, Mexico
Sector:Clothing
Activity:Clothing Sales
Loan Use:to buy shawls
Repaid: $0.00

Shamshad Samuael Masih's Group
Location: Khanewal, Pakistan
Sector: Agriculture
Activity: Animal Sales
Loan Use: To buy goats for animal sales business
Repaid: $2.29

Janet Akinyi Ayieko
Location: Eldoret, Kenya
Repayment Term: 8 months
Activity: General Store
Repayment Schedule: Monthly
Loan Use: To open another two stores in town
Repaid: $4.17

Olga Francisca Cano Romero
Location: Portoviejo, Ecuador
Repayment Term: 6 months
Activity: Crafts
Repayment Schedule: Monthly
Loan Use: To buy fabric, down, thread, fasteners, etc.
Repaid: $18.75

Hawa Gull Group
Location: Monrovia South, Liberia
Repayment Term: 6 months
Activity: Food Market
Repayment Schedule: Monthly
Loan Use: To buy more bags of rice, onions, peppers, palm oil, and beans
Repaid: $22.35 DELINQUENT

LOANS PAID IN FULL:

Zenaida Daing- Farming, Sta. Josefa, Agusan Del Sur, Philippines
Elizabeth Aidoo- Food Market, Wiawso, Ghana
Mobateli Plus Group -Manufacturing, The Democratic Republic of the Congo
Paz y Amor Group -Fruits & Vegetables, Dominican Republic
Dustmatov Eralboy - Livestock, Tajikistan
Seccelambras Group -Food Production/Sales, Peru
Rashidat Mumuni -Fish Selling, Nigeria
Karla Vanessa Montiel Barahona -Housing, Nicaragua
Eal Nub -Fish Selling, Cambodia
Atim Irene's Group -Medical Clinic, Uganda
Obama Group- Grocery Store produce- Dar Es Salaam, Tanzania
La Esperanza Group- sugar cane, flour, sugar and coal- Ita, Paraguay
Siguikadi Group- Purchase of selling items -Kadiolo Sikasso, Mali
Altantuya Lhasuren- Butcher Shop- Tsetserleg, Arhangai, Mongolia
Gbawulu Group- To buy bags of cement to make blocks- Monrovia South, Liberia
Iyunge Group: purchasing bigger quantities of beans to sell- Cibitoke, Burundi
Fight For Progress Group- Buy palm-oil, rice, & oranges- Makeni, Sierra Leone
Mamile Orozalieva's Group- purchase more cattle for breeding-Kant, Kyrgyzstan


As of today i've loaned and re-loaned out a total of $600 through KIVA to 24 different groups in 23 different places all around the world. Its amazing what $25.00 can do!

Like Kiva? Think its neat? then Lend!!!!! Visit Kiva!

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