Gerardo Carreon Cuellar


Status: Paid Back

$825.00   Loan Request
$825.00   Paid Back

About the Entrepreneur

Name: Gerardo Carreon Cuellar
Location: Apodaca, N. L., Mexico
Activity: Natural Medicines

About the Loan

Loan Amount: $825.00
Loan Use: Purchasing merchandise
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jul 1, 2007
Date Disbursed: Jul 18, 2007
Date Funded:Jul 4, 2007
Loan Ended:Jan 4, 2008

About the Country

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



Gerardo is married and has a beautiful three year old girl. With the birth of his daughter, the household expenses increased, and his salary was not enough to cover all the debts. Gerardo decided to start selling nutritional products two years ago to increase his income. He began selling the products to his friends and neighbors but soon gained many more clients and made his business grow.


To be able to increase the quality and variety of products he offers, Gerardo is asking for a loan of $825 dollars, which he agrees to return in six months. With your help, you can raise the quality of life of this family and be part of the growth of this business, they will appreciate it.

Translated by Kiva volunteer Maite Barragán


Gerardo es casado y tiene una preciosa hija de 3 años de edad. Con la llegada de su pequeña, los gastos en su hogar se incrementaron y el salario que recibe resultó insuficiente para cubrir todas las deudas, ante la necesidad de un ingreso extra, Gerardo decidió comenzar a vender productos nutricionales y complementos alimenticios hace dos años, inició sus ventas entre amigos y vecinos, afortunadamente ha logrado ganar muchos más clientes y hacer crecer su negocio.


Para poder incrementar la variedad de productos y mejorar la calidad del servicio que ofrece, Gerardo solicita un préstamo de $ 825 dólares que se compromete a devolver en 6 meses. Con tu ayuda puedes mejorar la vida de esta familia, se parte del crecimiento de este negocio, ellos te lo agradecerán.


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Journal entries for Gerardo Carreon Cuellar


Loan has been disbursed
 
Entrepreneur: Gerardo Carreon Cuellar
Location: Apodaca, N. L., Mexico

Thank you for your loan. It has been disbursed to Gerardo Carreon Cuellar 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 Apodaca, N. L., Mexico
Jul 4, 2007
Comments (1)

Kiva Help Repayment Schedule for Gerardo Carreon Cuellar

  Expected Repayments Actual Repayments Comments
October 2007 $137.50 $138.00 Repayment Received
November 2007 $137.50 $138.00 Repayment Received
December 2007 $137.50 $138.00 Repayment Received
January 2008 $137.50 $138.00 Repayment Received
February 2008 $137.50 $138.00 Repayment Received
March 2008 $137.50 $135.00 Repayment Received