Marie


Status: Paying Back

$7,500.00   Loan Amount
0% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Marie
Location: Oakland, California, United States
Activity: Clothing Sales

About the Loan

Loan Amount: $7,500.00
Loan Use: To buy additional inventory items and a system to better organize her inventory
Repayment Term: 38 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: N/A
Date Listed: Oct 26, 2009
Date Disbursed: Oct 7, 2009
Date Funded:Nov 1, 2009

About the Country

Country:United States
Avg Annual Income:$47,000.00
Currency:United States Dollars (USD)



Marie is the proud owner of MarieDenee.com, an online boutique selling plus-sized women’s clothing to a clientele that Marie describes as “curvy, confident, and chic”.

Marie and her sister were raised by a single mom in the military. The first in her family to go to college, Marie even went on to pursue a Master’s in business administration. “Right when I finished college, a trend started in my family - my uncle, my mom and my aunties all went back to school.”

After finding her passion for the world of fashion, Marie worked as a manager for a large department store. Marie loved her job, but she was laid off in 2008. Strengthened by the sense of independence and adventure she gained while being raised in the military, Marie turned to self-employment to make ends meet. She launched MarieDenee.com in September, 2009 and runs the whole operation out of her apartment. “When I was first laid off, I didn’t know how I was going to make my rent. Life gave me lemons, and I decided to make lemonade!”

A $7,500 loan will allow Marie to invest in a system to better organize her inventory as well as increase the number and type of items she can offer her customers. “I have a booming business that grew out of my bedroom and this loan will help me to organize method to my madness. I made my dream come to fruition. It took faith to learn how to trust my own strength. I’m proud, but I’m excited because this is just the beginning!”

Visit http://www.mariedenee.com.




Important Information About This Loan
Kiva realizes that access to credit is a challenge for entrepreneurs everywhere. Kiva started out as a website focused on developing-world entrepreneurs. In June 2009, Kiva began experimenting with allowing entrepreneurs in the United States to raise money on its website. If this is something you support, please feel free to fund this loan. If you have questions, including how an entrepreneur in your neighborhood might get a loan, please visit our Help Center and click on "Loans in the United States."

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Journal entries for Marie


Loan has been disbursed
 
Entrepreneur: Marie
Location: Oakland, California, United States

Thank you for your loan. It has been disbursed to Marie by Opportunity Fund in United States. We are excited to watch this business grow. Over the 36 months of this loan, Opportunity Fund will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Oakland, California, United States
Nov 2, 2009
Comments (1)

Kiva Help Repayment Schedule for Marie

  Expected Repayments Actual Repayments Comments
July 2010 $226.64 Available Jul 1  
August 2010 $226.52 Available Aug 1  
September 2010 $229.72 Available Sep 1  
October 2010 $229.73 Available Oct 1  
November 2010 $231.35 Available Nov 1  
December 2010 $234.42 Available Dec 1  
January 2011 $234.62 Available Jan 1  
February 2011 $237.61 Available Feb 1  
March 2011 $237.94 Available Mar 1  
April 2011 $239.61 Available Apr 1  
May 2011 $244.83 Available May 1  
June 2011 $243.02 Available Jun 1  
July 2011 $245.79 Available Jul 1  
August 2011 $246.46 Available Aug 1  
September 2011 $249.14 Available Sep 1  
October 2011 $249.94 Available Oct 1  
November 2011 $251.70 Available Nov 1  
December 2011 $254.25 Available Dec 1  
January 2012 $255.26 Available Jan 1  
February 2012 $257.72 Available Feb 1  
March 2012 $258.86 Available Mar 1  
April 2012 $260.68 Available Apr 1  
May 2012 $263.49 Available May 1  
June 2012 $264.37 Available Jun 1  
July 2012 $266.60 Available Jul 1  
August 2012 $268.10 Available Aug 1  
September 2012 $270.23 Available Sep 1  
October 2012 $271.89 Available Oct 1  
November 2012 $273.80 Available Nov 1  
December 2012 $275.71 Available Dec 1