Medarda Elizabeth Ramos Rivas


Status: Paying Back

$1,200.00   Loan Amount
11% repaid

About the Entrepreneur

Name: Medarda Elizabeth Ramos Rivas
Location: La Libertad, El Salvador
Activity: Beauty Salon

About the Loan

Loan Amount: $1,200.00
Loan Use: Purchase beauty products to restock her salon
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 13, 2009
Date Disbursed: Aug 5, 2009
Date Funded:Aug 19, 2009

About the Country

Country:El Salvador
Avg Annual Income:$4,900.00
Currency:United States Dollars (USD)



Medarda Elizabeth Ramos Rivas lives in the town of Colon, located in the district of La Libertad. She is 25 years old and lives with her husband and young daughter Andrea, who is 3 years old. Her husband William is employed and earns $200 USD each month for their family.


For seven years, Medarda has been operating a beauty salon that is growing and gaining popularity in the area. She now needs to restock her salon with hair products so that she can generate more income for her family. Since her sales and the demand for her merchandise have been increasing, Medarda decided to apply for a loan so that she can buy a variety of new products to sell at her business.

Translated from Spanish by Ronan Reodica, Kiva Volunteer


Medarda Elizabeth Ramos Rivas reside en el municipio de Colon ubicado en el departamento de La Libertad. Medarda cuenta con 25 años de edad vive con su esposo y su pequeña hija Andrea de 3 años de edad, William esposo de Madarda es empleado y aporta a la familia $200.00 US mensuales. Medarda posee una sala de belleza hace siete años la cual ha ido creciendo y ganando popularidad en la zona ahora Medarda a surtido su sala de belleza con productos para el cabello de esta manera logra generar más ingresos para la familia, ahora ella a tomado la decisión de solicitar un crédito ya que sus ventas y demanda en su productos ha ido aumentando y desea comprar variedad de productos nuevos para surtir su negocio.

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Journal entries for Medarda Elizabeth Ramos Rivas


Loan has been disbursed
 
Entrepreneur: Medarda Elizabeth Ramos Rivas
Location: La Libertad, El Salvador

Thank you for your loan. It has been disbursed to Medarda Elizabeth Ramos Rivas by Apoyo Integral in El Salvador. We are excited to watch this business grow. Over the 18 months of this loan, Apoyo Integral will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from La Libertad, El Salvador
Aug 20, 2009
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Kiva Help Repayment Schedule for Medarda Elizabeth Ramos Rivas

  Expected Repayments Actual Repayments Comments
November 2009 $66.67 $66.67 Repayment Received
December 2009 $66.67 $66.67 Repayment Received
January 2010 $66.67 Available Jan 1  
February 2010 $66.67 Available Feb 1  
March 2010 $66.67 Available Mar 1  
April 2010 $66.67 Available Apr 1  
May 2010 $66.67 Available May 1  
June 2010 $66.67 Available Jun 1  
July 2010 $66.67 Available Jul 1  
August 2010 $66.67 Available Aug 1  
September 2010 $66.67 Available Sep 1  
October 2010 $66.67 Available Oct 1  
November 2010 $66.67 Available Nov 1  
December 2010 $66.67 Available Dec 1  
January 2011 $66.67 Available Jan 1  
February 2011 $66.67 Available Feb 1  
March 2011 $66.67 Available Mar 1  
April 2011 $66.61 Available Apr 1