Armando Bedoy González


Status: Paid Back

$925.00   Loan Request
$925.00   Paid Back

About the Entrepreneur

Name: Armando Bedoy González
Location: Cadereyta, Nuevo León, México, Mexico
Activity: Electronics Sales

About the Loan

Loan Amount: $925.00
Loan Use: Purchase of Merchandise
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 24, 2007
Date Disbursed: Sep 8, 2007
Date Funded:Aug 25, 2007
Loan Ended:Feb 27, 2008

About the Country

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



Armando is divorced and takes care of his four children. He used to work as a welder; as he was paid too little to cover household expenses, however, he decided to start his own business. Thanks to one of his friends, who invited him to work in the traveling market, he began to offer his services as a repairman. Now he buys parts from used appliances, repairs them if necessary, and then resells them.


Fortunately, Armando has been able to expand his business and increase his number of customers. Now he needs a loan of $925 so that he can purchase more appliances in order to continue to expand his business. He is committed to repaying this loan within 6 months. Armando and his family are very much in need of your help. Please help them by contributing to the success of Armando's business.



Translated from the Spanish by Susanna Heinz, Kiva Volunteer.



Armando es divorciado y se hace cargo de sus cuatro hijos. Anteriormente él trabajaba como soldador pero recibía un salario muy bajo y no lograba cubrir todas las necesidades de sus hijos por lo que decidió comenzar su propio negocio, gracias a la invitación de de uno de sus amigos para trabajar en el mercado ambulante, comenzó ofreciendo sus servicios de reparación de aparatos eléctricos y ahora se dedica a comprar remesas de aparatos usados y venderlos, algunas veces tiene que repararlos antes de ofrecerlos en venta.


Afortunadamente Armando ha hecho crecer su negocio y ha logrado incrementar su clientela, ahora necesita un préstamo de $ 925 dólares con los que planea comprar una remesa de aparatos para continuar creciendo con su negocio, él se compromete a regresar esta cantidad en 6 meses. Esta familia necesita mucho de tu apoyo, ayúdalos a salir adelante contribuyendo al crecimiento de su negocio, muchas gracias.


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Journal entries for Armando Bedoy González


Loan has been disbursed
 
Entrepreneur: Armando Bedoy González
Location: Cadereyta, Nuevo León, México, Mexico

Thank you for your loan. It has been disbursed to Armando Bedoy González 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 Victor Paredes from Cadereyta, Nuevo León, México, Mexico
Aug 27, 2007
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Kiva Help Repayment Schedule for Armando Bedoy González

  Expected Repayments Actual Repayments Comments
November 2007 $0.00 $155.00  
December 2007 $154.17 $155.00 Repayment Received
January 2008 $154.17 $155.00 Repayment Received
February 2008 $154.17 $155.00 Repayment Received
March 2008 $154.17 $155.00 Repayment Received
April 2008 $154.17 $150.00 Repayment Received
May 2008 $154.15 $0.00 Repayment Received