Reynaldo Ochoa González


Status: Paid Back

$925.00   Loan Request
$925.00   Paid Back

About the Entrepreneur

Name: Reynaldo Ochoa González
Location: San Juanito, Chihuahua, Mexico
Activity: Soft Drinks

About the Loan

Loan Amount: $925.00
Loan Use: Purchase raw materials
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jul 1, 2007
Date Disbursed: Jul 17, 2007
Date Funded:Jul 3, 2007
Loan Ended:Jan 3, 2008

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:United States Dollars (USD)



Reynaldo is married and has a little son. They are originally from San Juanito, Chihuahua, which is in the north of Mexico. Since there's a lack of job opportunities where he lives, in order to obtain the resources that his family needed, Reynaldo started making and selling "Pinole", a typical Mexican corn-based drink. When he began this business he toasted between 5 and 6 corn kilograms and he used a hand mill. Fortunately, since he makes high quality products and he has been able to count on his clients, he was able to purchase a foliage crushing machine, therefore increasing his production.


Reynaldo needs a loan of US$925 in order to cover his clients orders. He will use this loan to purchase Pinole raw materials. He commits to repay this loan in six months. You can improve this family's life and help this business grow. Do not hesitate any more and help him!

Translated from Spanish by Yael Schwartzman, Kiva Volunteer.



Reynaldo es casado y tiene un pequeño hijo, ellos son originarios de San Juanito, Chihuahua, al norte de México. Ante la falta de empleo de la localidad, para poder obtener los recursos que necesitaba su familia, Reynado inició con la elaboración y venta de pinole, que es un bebida típica mexicana fabricada con maíz, cuando empezó tostaba entre 5 y 6 kilos de maíz y utilizaba un molino de mano, afortunadamente sus productos son de muy buena calidad y ha contado con la aceptación de sus clientes, ahora tiene una trituradora de follaje y es como ha hecho crecer su producción.


Para cubrir los pedidos de sus clientes, Reynaldo necesita un préstamo de $ 925 dólares que empleará en la compra de insumos que necesita, él se compromete a devolver esta cantidad en 6 meses. Tú puedes mejorar la vida de esta familia y colaborar en el crecimiento de este negocio, no lo dudes más y apóyalo.


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Journal entries for Reynaldo Ochoa González


Loan has been disbursed
 
Entrepreneur: Reynaldo Ochoa González
Location: San Juanito, Chihuahua, Mexico

Thank you for your loan. It has been disbursed to Reynaldo Ochoa González by Admic Nacional in Mexico. We are excited to watch this business grow. Over the next 6 - 12 months, Admic Nacional will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Victor Paredes from San Juanito, Chihuahua, Mexico
Jul 3, 2007
Comments (1)

Kiva Help Repayment Schedule for Reynaldo Ochoa González

  Expected Repayments Actual Repayments Comments
October 2007 $154.17 $155.00 Repayment Received
November 2007 $154.17 $155.00 Repayment Received
December 2007 $154.17 $155.00 Repayment Received
January 2008 $154.17 $155.00 Repayment Received
February 2008 $154.17 $155.00 Repayment Received
March 2008 $154.15 $150.00 Repayment Received