Ovideo Salinas Vela


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Ovideo Salinas Vela
Location: Monterrey, Nuevo León, Mexico
Activity: Manufacturing

About the Loan

Loan Amount: $1,200.00
Loan Use: Purchasing supplies
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 8, 2007
Date Disbursed: Aug 22, 2007
Date Funded:Aug 8, 2007
Loan Ended:Feb 10, 2008

About the Country

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



Ovideo is a hardworking, entrepreneurial and very creative man. He is married. His wife not works and just stays at home. They have for sons and his youngest son helps him with the business and is the one leading it.


He has managed to make the business succeed, after he acquired it a year ago. He works a lot and saved enough money to buy from a friend a small factory which makes garbage bags. To date, he has created 7 jobs and has been growing his micro-business- everyday having more and more clients.


Ovideo is requesting a loan for $1,200 to purchase raw materials, since at the moment he has several orders delayed and he does not have the liquidity to supply them. He is offering to pay back the loan in 6 months. Him and his family thank the support that you give them since this business is their only source of income and they wish to continue growing to improve their quality of life.

Translated from Spanish by Luis López Martinelli, Kiva Volunteer.






Ovideo es un hombre muy trabajador, emprendedor y creativo, esta casado y su esposa se dedica al hogar, su hijo menor le ayuda en el negocio y está al frente del mismo, el salió adelante con su negocio que adquirió hace un año atrás, el trabajaba mucho y ahorro un dinero y hace un año adquirió una pequeña fábrica de hacer bolsas de basura y fue comprada a un amigo de él. A la fecha ha dado siete empleos a personas que colaboran con él en el negocio y ha ido creciendo con el trabajo que dedica a su microempresa, teniendo cada vez más clientes.

Ovideo esta solicitando un préstamo por la cantidad de US $ 1,200 para compra materia prima ya que en este momento tiene pedidos atrasados y no cuenta con liquidez, ofreciendo pagar el préstamo en 6 meses. Él y su familia te agradecen el apoyo que le das ya que es su única fuente de ingresos y desea continuar creciendo para mejorar su calidad de vida.


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Lenders to this entrepreneur

Vivian
Paracuellos de Jarama, Madrid
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Katie
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James
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Elizabeth
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terry

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Alex
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James
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Cartomania
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AkaWesley
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Xavier
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Carol
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Anonymous
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Journal entries for Ovideo Salinas Vela


Loan has been disbursed
 
Entrepreneur: Ovideo Salinas Vela
Location: Monterrey, Nuevo León, Mexico

Thank you for your loan. It has been disbursed to Ovideo Salinas Vela 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 Leticia Ramirez from Monterrey, Nuevo León, Mexico
Aug 10, 2007
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Kiva Help Repayment Schedule for Ovideo Salinas Vela

  Expected Repayments Actual Repayments Comments
November 2007 $200.00 $200.00 Repayment Received
December 2007 $200.00 $200.00 Repayment Received
January 2008 $200.00 $200.00 Repayment Received
February 2008 $200.00 $200.00 Repayment Received
March 2008 $200.00 $200.00 Repayment Received
April 2008 $200.00 $200.00 Repayment Received