Mercedes Morales Lopez


Status: Paid Back

$925.00   Loan Request
$925.00   Paid Back

About the Entrepreneur

Name: Mercedes Morales Lopez
Location: San Cristobal De Las Casas, Mexico
Activity: Food Production/Sales

About the Loan

Loan Amount: $925.00
Loan Use: Sale of Traditional Foods
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jul 12, 2007
Date Disbursed: Jul 27, 2007
Date Funded:Jul 13, 2007
Loan Ended:Jun 28, 2008

About the Country

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



Mercedes is 53 years old, married, has six children and her husband is a bricklayer. She is a merchant. She sells baked corn in the afternoons and on the weekends she sells traditional “antojitos” (little cravings) such as tacos, empanadas, and chalupas. She is part of a group named “Montebello 2” together with Cecilia Hernandez Giron, craftswoman, who embroiders napkins, blouses, and coarse cotton trousers. With the loan, Mercedes will invest in the improvement of her store where she sells her products because their preparation requires adequate space and cleanliness. Cecilia will purchase fabric and thread at wholesale prices. Both women will be able to increase their production and its sales.


Translated into English by Patricia Yáñez, Kiva Volunteer.


MERCEDES TIENE 53 AÑOS, CASADA, SEIS HIJOS, SU ESPOSO ES ALBAÑIL. ELLA ES COMERCIANTE, VENDE POR LAS TARDES ELOTES ASADOS Y LOS SABADOS Y DOMINGOS VENDE ANTOJITOS TRADICIONALES DE LA REGION COMO: TACOS, EMPANADAS, CHALUPAS. ELLA FORMA PARTE DE UN GRUPO LLAMADO MONTEBELLO 2 QUE ESTA ADEMAS INTEGRADO POR CECILIA HERNANDEZ GIRON QUE ES ARTESANA, BORDA SERVILLETAS, BLUSAS, PANTALONES DE MANTA. CON EL PRESTAMO MERCEDES INVERTIRA EN EL MEJORAMIENTO DEL LOCAL DONDE VENDE SUS PRODUCTOS, YA QUE SE REQUIERE DE ESPACIO Y LIMPIEZA PARA PREPARARLOS; CECILIA COMPRARA TELA E HILOS AL POR MAYOR Y ASI AMBAS PODRAN AUMENTAR LA PRODUCCION Y LAS VENTAS DE LAS MISMAS.


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Journal entries for Mercedes Morales Lopez


Loan has been disbursed
 
Entrepreneur: Mercedes Morales Lopez
Location: San Cristobal De Las Casas, Mexico

Thank you for your loan. It has been disbursed to MERCEDES MORALES LOPEZ by AlSol (Alternativa Solidaria Chiapas) in Mexico. We are excited to watch this business grow. Over the next 11 - 17 months, AlSol (Alternativa Solidaria Chiapas) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from San Cristobal De Las Casas, Mexico
Jul 28, 2007
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Kiva Help Repayment Schedule for Mercedes Morales Lopez

  Expected Repayments Actual Repayments Comments
October 2007 $84.09 $85.00 Repayment Received
November 2007 $84.09 $85.00 Repayment Received
December 2007 $84.09 $85.00 Repayment Received
January 2008 $84.09 $85.00 Repayment Received
February 2008 $84.09 $85.00 Repayment Received
March 2008 $84.09 $85.00 Repayment Received
April 2008 $84.09 $85.00 Repayment Received
May 2008 $84.09 $85.00 Repayment Received
June 2008 $84.09 $85.00 Repayment Received
July 2008 $84.09 $85.00 Repayment Received
August 2008 $84.10 $75.00 Repayment Received