Margarita Guadalupe Paz Sarmiento


Status: Paying Back

$450.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Margarita Guadalupe Paz Sarmiento
Location: Cuenca, Ecuador
Activity: Beauty Salon

About the Loan

Loan Amount: $450.00
Loan Use: To buy a sterilizer and furniture for her workplace
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Nov 1, 2009
Date Disbursed: Sep 24, 2009
Date Funded:Nov 1, 2009

About the Country

Country:Ecuador
Avg Annual Income:$4,776.00
Currency:United States Dollars (USD)



The community bank Alianza Unida (United Alliance) is located in the city of Cuenca. This city is known for its writers and artists, as well as for its architectural beauty. It also has very lovely landscapes due to its hilly geography. Its cold climate constrasts with the warmth of its kind and friendly people, like our members.


Sra. Margarita Guadalupe Paz Sarmiento lives in the major city of Cuenca. She is an active member of the community bank Alianza Unida. She is 26 years old, and happily married. Her husband works for Pronaca (the factory where they make meat by-products from chicken, pork, etc.) She is the mother of three children, who are 9, 8, and 1.5 years old. Her two sons are elementary school students. They don´t have their own house, so therefore they live in a rented house.


Margarita is a professional stylist. She has been working almost seven months in this job, and she has to divide up her time between taking care of her children and the household chores. She tells us that her last daughter has health problems, and since she doesn´t have anyone to leave her with, she felt obligated to close her business for the moment.


Our member has been working with the community bank for eight years, and the loans that she received, she invested in a supplies shop that she previously had. She also settled her maternal expenses and the medications for her daughter who was born sick. With the loan that the FUNDACIÓN ESPOIR will give her, she will invest it in the new business to buy a sterilizer and furniture for her workplace.


Her big dream is to have her own location in order to make her workplace bigger, and give better service to her customers and improve herself more every day.


Translated from Spanish by Amy McGinty, Kiva Volunteer


El banco comunal Alianza Unida se encuentra en la ciudad de Cuenca, esta ciudad es reconocida por sus escritores y artistas así como por su belleza arquitectónica, además tiene paisajes muy hermosos por su geografía accidentada, su clima frió contrasta con el calor de su gente amable y cordial como nuestras socias.

La señora Margarita Guadalupe Paz Sarmiento vive en la urbe de la ciudad de Cuenca es socia activa del Banco Comunal Alianza Unida, tiene 26 años de edad está felizmente casada su esposo trabaja en Pronaca (fábrica donde elaboran derivados cárnicos de pollo, cerdo, etc.), es madre de tres niños de: 9, 8, y 1,5 años, sus dos hijos son estudiantes de primaria, no tienen casa propia por lo que viven arrendando.

Margarita es Estilista profesional lleva ya siete meses trabajando en ésta actividad y debe distribuir su tiempo con el cuidado de sus hijos y los quehaceres del hogar, nos comenta que su ultima niña tienen problemas de salud y como no tiene con quien dejarla se ha visto obligada a cerrar momentáneamente su negocio.

Nuestra socia lleva ocho años trabajando en el banco comunal y los créditos recibidos invirtió en una tienda de víveres que tenía anteriormente, además solventó sus gastos maternales y los medicamentos de su niña que nació enferma. Con el préstamo que la FUNDACIÓN ESPOIR le entregue lo va a invertir en su nuevo negocio para comprar un esterilizador y muebles para su gabinete.

Su gran sueño es tener un local propio para agrandar su gabinete y dar un mejor servicio a sus clientes y superarse cada día más.


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Ramona
KivaFriends.org, Berlin
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Jörg
Hamburg,
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KIVA Shopping Club #3
KivaFriends.org, Birmingham, AL
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Buchanan Family
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Dag Ove
Stavanger, Stavanger
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Rich
Sandy Hook, CT
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Tom
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Good Dogg
Front Porch, www.kivafriends.org
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Anonymous
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Chi Upsilon Sigma
ewing, NJ
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Strat
Haslum,
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NoVES
Vienna, VA
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Anonymous
Chicago, IL
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Isao
Sagamihara, Kanagawa
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Journal entries for Margarita Guadalupe Paz Sarmiento


Loan has been disbursed
 
Entrepreneur: Margarita Guadalupe Paz Sarmiento
Location: Cuenca, Ecuador

Thank you for your loan. It has been disbursed to MARGARITA GUADALUPE PAZ SARMIENTO by Fundación ESPOIR in Ecuador. We are excited to watch this business grow. Over the 3 months of this loan, Fundación ESPOIR will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Cuenca, Ecuador
Nov 2, 2009
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Kiva Help Repayment Schedule for Margarita Guadalupe Paz Sarmiento

  Expected Repayments Actual Repayments Comments
January 2010 $225.00 Available Jan 1  
February 2010 $112.50 Available Feb 1  
March 2010 $112.50 Available Mar 1