Teresa Vasquez Puac


Status: Paying Back

$575.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Teresa Vasquez Puac
Location: Totonicapan, Guatemala
Activity: Textiles

About the Loan

Loan Amount: $575.00
Loan Use: Commercial: Increase capital
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 8, 2009
Date Disbursed: Apr 22, 2009
Date Funded:May 8, 2009

About the Country

Country:Guatemala
Avg Annual Income:$4,155.00
Currency:Guatemala Quetzales (GTQ)
Exchange Rate:8.0965 GTQ = 1 USD



Teresa Vásquez is 62 years old and is married. She is a retail trader "Buying and Selling typical skirts for women". She has a small business and lives together with her children. She and her husband both work in the same trade. She has 20 years' experience selling skirts in her home, which is located in Zaculeu hamlet, in the Vásquez neighbourhood of the department of Totonicapán, Guatemala. Currently the demand from her customers is growing, but because of the current economic climate she is not able to increase her capital. It's for this reason that Teresa approached the ASDIR Association in order to ask for a loan, with the intention of purchasing primary materials and in this way be able to increase her sales.


Translated from Spanish by Katy Long, Kiva Volunteer



La señora Teresa Vásquez tiene 62 años de edad, es Casada de oficios Comerciante, “Compra y Venta de Cortes típicos para mujeres” cuenta con un pequeño negocio, habita junto con sus hijos, ella y su Esposo se dedican al mismo, lleva 20 años de vender cortes en su residencia que se encuentra en el Caserío Zaculeu, de la Aldea Vásquez del departamento de Totonicapán, Guatemala, actualmente la demanda de su clientela a crecido, pero las condiciones económicas en que se encuentra no son suficientes para que el pueda aumentar su capital, por tal razón acudió a la Asociación ASDIR, a solicitar un préstamo, con la intención de comprar materia prima y de esa manera poder aumentar sus ventas.


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Journal entries for Teresa Vasquez Puac


Loan has been disbursed
 
Entrepreneur: Teresa Vasquez Puac
Location: Totonicapan, Guatemala

Thank you for your loan. It has been disbursed to Teresa Vasquez Puac by Asociación ASDIR in Guatemala. We are excited to watch this business grow. Over the 11 months of this loan, Asociación ASDIR will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Totonicapan, Guatemala
May 9, 2009
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Kiva Help Repayment Schedule for Teresa Vasquez Puac

  Expected Repayments Actual Repayments Comments
July 2009 $47.92 $47.92 Repayment Received
August 2009 $47.92 $47.92 Repayment Received
September 2009 $47.92 $47.92 Repayment Received
October 2009 $47.92 $47.92 Repayment Received
November 2009 $47.92 $47.92 Repayment Received
December 2009 $47.92 $47.92 Repayment Received
January 2010 $47.92 Available Jan 1  
February 2010 $47.92 Available Feb 1  
March 2010 $47.92 Available Mar 1  
April 2010 $47.92 Available Apr 1  
May 2010 $47.92 Available May 1  
June 2010 $47.88 Available Jun 1