Teresa López
Status: Paid Back
| $800.00 | Loan Request | |
|---|---|---|
| $800.00 | Paid Back |
About the Entrepreneur
| Name: | Teresa López |
|---|---|
| Location: | Guayaquil, Ecuador |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $800.00 |
|---|---|
| Loan Use: | Invest in new more vegetables and grains |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Sep 3, 2007 |
| Date Disbursed: | Sep 18, 2007 |
| Date Funded: | Sep 4, 2007 |
| Loan Ended: | Mar 12, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | MIFEX |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Closed |
| Time On Kiva: | 42 months |
| Kiva Entrepreneurs: | 1918 |
| Total Loans: | $1,396,800 |
| Delinquency Rate: | N/A - No Paying Back Loans |
| Default Rate: | 24.14% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ecuador |
|---|---|
| Avg Annual Income: | $4,776.00 |
| Currency: | United States Dollars (USD) |
Teresa has 20 years of experience selling vegetables because she started working with her mom since she was very young at the markets. Little by little, she was able to open her own business, which helps her make ends meet and provide a good education for her children. Teresa and her husband, who has been a great support, open the business everyday from 6:00 am to 2:00 pm.
Teresa would like to have her second loan so that she can continue to invest in her business. She has previously bought grains and more vegetables, and these products have been welcomed by her clients. She will use this loan to buy larger amount of goods from farmers in the rural sectors.
Teresa is 47 years old. She has 2 sons who are already adults and help her as much as they can. Her husband works as a construction worker and helps her with the business whenever he has free time. They hope they can finish building their house, which is currently made out of cane.
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Journal entries for Teresa López
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Agradecimientos a Kiva
Location: Guayaquil, Ecuador
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Posted by
Luis Crespo from Guayaquil, Ecuador
Sep 12, 2007 |
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Comments (1)
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Actualizacion de Prestamo
Location: Guayaquil, Ecuador
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Posted by
Robert Edgar from Guayaquil, Ecuador
Mar 13, 2008 |
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Comments (2)
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Repayment Schedule for Teresa López
Repayment Schedule for Teresa López
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2007 | $133.33 | $134.00 |  Repayment Received
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| January 2008 | $133.33 | $134.00 | Repayment Received
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| February 2008 | $133.33 | $134.00 | Repayment Received
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| March 2008 | $133.33 | $134.00 | Repayment Received
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| April 2008 | $133.33 | $134.00 | Repayment Received
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| May 2008 | $133.35 | $130.00 | Repayment Received
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