Marta
Status: Raised
| $10,000.00 | Loan Request | |
|---|---|---|
| $10,000.00 | Raised |
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Marta |
|---|---|
| Location: | New York, New York, United States |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $10,000.00 |
|---|---|
| Loan Use: | To buy wholesale and sample sale clothing in bulk |
| Repayment Term: | 32 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Nov 4, 2009 |
| Date Disbursed: | Nov 29, 2009 |
| Date Funded: | Nov 22, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | ACCION USA |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Pilot |
| Time On Kiva: | 5 months |
| Kiva Entrepreneurs: | 60 |
| Total Loans: | $282,800 |
| Delinquency Rate: | 3.34% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | United States |
|---|---|
| Avg Annual Income: | $47,000.00 |
| Currency: | United States Dollars (USD) |
Marta is from the Dominican Republic and used to work in a hospital as a nurse's aide. After she was injured on the job, she decided to take her home-based clothing retail business out of her apartment and flea markets, and open up her own shop. She used her savings to invest in her first storefront, where her daughter helps her out.
Marta feels empowered owning her own shop, and is happy that she has been able to learn how to keep her costs down and save money, which is one reason why she is requesting this loan. She plans to use it to purchase wholesale and sample sale clothing, which she can buy for lower prices in bulk.
Marta truly loves her job and says that, someday, she wants to be "as big as Macy's."
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."
Marta feels empowered owning her own shop, and is happy that she has been able to learn how to keep her costs down and save money, which is one reason why she is requesting this loan. She plans to use it to purchase wholesale and sample sale clothing, which she can buy for lower prices in bulk.
Marta truly loves her job and says that, someday, she wants to be "as big as Macy's."
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 Marta
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Loan to Marta in United States has been 100% funded
Location: New York, New York, United States
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Posted by
from New York, New York, United States
Nov 22, 2009 |
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Comment on this entry
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Repayment Schedule for Marta
Repayment Schedule for Marta
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| February 2010 | $291.11 | Available Feb 1 | |||
| March 2010 | $293.78 | Available Mar 1 | |||
| April 2010 | $296.47 | Available Apr 1 | |||
| May 2010 | $299.19 | Available May 1 | |||
| June 2010 | $301.94 | Available Jun 1 | |||
| July 2010 | $304.70 | Available Jul 1 | |||
| August 2010 | $307.50 | Available Aug 1 | |||
| September 2010 | $310.31 | Available Sep 1 | |||
| October 2010 | $313.16 | Available Oct 1 | |||
| November 2010 | $316.03 | Available Nov 1 | |||
| December 2010 | $318.93 | Available Dec 1 | |||
| January 2011 | $321.85 | Available Jan 1 | |||
| February 2011 | $324.80 | Available Feb 1 | |||
| March 2011 | $327.78 | Available Mar 1 | |||
| April 2011 | $330.78 | Available Apr 1 | |||
| May 2011 | $333.81 | Available May 1 | |||
| June 2011 | $336.87 | Available Jun 1 | |||
| July 2011 | $339.96 | Available Jul 1 | |||
| August 2011 | $343.08 | Available Aug 1 | |||
| September 2011 | $346.22 | Available Sep 1 | |||
| October 2011 | $349.40 | Available Oct 1 | |||
| November 2011 | $352.60 | Available Nov 1 | |||
| December 2011 | $355.83 | Available Dec 1 | |||
| January 2012 | $359.09 | Available Jan 1 | |||
| February 2012 | $362.39 | Available Feb 1 | |||
| March 2012 | $365.71 | Available Mar 1 | |||
| April 2012 | $369.06 | Available Apr 1 | |||
| May 2012 | $372.44 | Available May 1 | |||
| June 2012 | $375.86 | Available Jun 1 | |||
| July 2012 | $379.35 | Available Jul 1 | |||
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