One of our Kiva clients has paid back his loan, the 4 other clients
continue to make progress.
Want to make a $25 loan?
Here is an update for our newest client:
UPDATE:
He has paid back 5% of his loan.
LOAN: 17
month loan for $1100 funded by 35 lenders.
Carlos
Cesar Fernandez Mendoza is 44 years old and lives in Peru, is
seeking a loan of $1,100 to purchase spare parts
and car accessories. He needs $350 more to get
started.
He works primarily on the electrical part of vehicles and has his
own shop. He has also worked as a teacher of electric mechancis at the
Catalina Buendia de Pecho Institute for the past seven years.
Carlos would like to invest in the purchase of instruments to be able
to offer better quality and effectiveness in his
diagnostics.
Here is an update on our first 4 clients:
UPDATE:
He has paid back 100% of his loan.
LOAN: 12
month loan for $1400 funded by 49 lenders.
Roman Dzvidzinskiy in the Ukraine, He owns a small business
offering auto repair services in the town of Ivano-Frankivsk. Roman
specializes in fixing engines..
UPDATE:
He has paid back 81% of his loan.
LOAN: 9
month loan for $700.00 funded by 27 lenders.
Miguel in Bolivia, he loves vehicles and he tells us that he is a
'vehicle doctor' since he spends every day maintaining and repairing
vehicles.
UPDATE:
He has paid back 44% of his loan.
LOAN: 14
month loan for $800 funded by 29 lenders.
Luis Alberto in Bolivia, this is his second loan, in order to purchase
a hydraulic lift and other tools such as wrenches for his workshop.
He wants to expand his workshop as the number of customers requiring
his services has gone up in recent months
UPDATE:
He has paid back 49% of his loan.
LOAN:
14 month loan for $1,000 funded by 27 members.
Anonymous,
Lebanon. He has more than fifteen years of experience in car repair
and has run his own small repair shop for three years. With his loan
of $1000 from Kiva partner Ameen s.a.l., he wants to increase his
capital and buy needed equipment. He hopes to diversify and sell car
oil in his shop
Learn
more about Kiva.org.
With our donations, http://www.kiva.org/lender/AESwave
provides micro-loans to entrepreneurs
on 5 continents. In October 2010 we loaned money out to 4
mechanics / technicians.