Remedios Fernández


Status: Paid Back

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

About the Entrepreneur

Name: Remedios Fernández
Location: La Paz / El Alto, Bolivia
Activity: Restaurant

About the Loan

Loan Amount: $1,200.00
Loan Use: To buy a mini-bus, which her husband can use to facilitate their work. This will lessen the work load on Remedios and also her children, who work alongside her.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 15, 2007
Date Disbursed: Sep 29, 2007
Date Funded:Sep 15, 2007
Loan Ended:Mar 30, 2008

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:United States Dollars (USD)



Remedios Fernández Quispe is a mother with four children. She prepares and sells food from a cart in all of the markets in El Alto.

She has participated with Pro Mujer for five years, which is the same amount of time that she has had this business. Thanks to Pro Mujer she was able to buy what she needed to get started. Remedios used to make cinnamon ice cream, but she had to quit that business to take care of her children, who were very young.

Now she tends to her food cart with help from her children, due to the existing demand and her need to generate income. She is in need of money to buy a mini-bus, which her husband can use to facilitate their work. This will lessen the work load on Remedios and also her children, who work alongside her.

Translated from Spanish by Jennifer Day, Kiva Volunteer.

Remedios Fernández Quispe, es madre de cuatro hijos se dedica a la preparación y venta de comida en un puesto ambulante en todas las ferias de la ciudad de El Alto.

Ingresa a Pro Mujer, hace cinco años, que es el mismo tiempo que ella se dedica a su actividad, puesto que gracias a Pro Mujer ella compra todo lo necesario para la atención de su puesto de venta de comida.

Anteriormente Remedios se dedicaba a la fabricación y venta de helados de canela, pero tuvo que dejar esta actividad por no descuidar la atención de sus hijos que eran muy pequeños.

Actualmente Remedios atiende su puesto de venta con la ayuda de sus hijos a raíz de la demanda existente y la necesidad de generar ingresos. Ella precisa de dinero para poder comprar un minibús, con el fin de proveer de una herramienta de trabajo a su esposo y de esta manera aliviar su carga laboral, tanto de ella, como de sus hijos que trabajan a su lado


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B Marden
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Debbie
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Veronica & Joe
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Michael
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Anneke
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Gayle
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Journal entries for Remedios Fernández


Loan has been disbursed
 
Entrepreneur: Remedios Fernández
Location: La Paz / El Alto, Bolivia

Thank you for your loan. It has been disbursed to Remedios Fernández by ProMujer Bolivia in Bolivia. We are excited to watch this business grow. Over the next 6 - 12 months, ProMujer Bolivia will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from La Paz / El Alto, Bolivia
Sep 30, 2007
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Kiva Help Repayment Schedule for Remedios Fernández

  Expected Repayments Actual Repayments Comments
December 2007 $200.00 $200.00 Repayment Received
January 2008 $200.00 $0.00 Repayment Received
February 2008 $200.00 $400.00 Repayment Received
March 2008 $200.00 $200.00 Repayment Received
April 2008 $200.00 $200.00 Repayment Received
May 2008 $200.00 $200.00 Repayment Received