Rosula Monges


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Rosula Monges
Location: Ybycuí, Paraguay
Activity: Food Production/Sales

About the Loan

Loan Amount: $600.00
Loan Use: To purchase rice, sugar, noodles, meat, etc.
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 29, 2007
Date Disbursed: Oct 13, 2007
Date Funded:Sep 29, 2007
Loan Ended:Jan 3, 2008

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:United States Dollars (USD)



Rosula Monges is 42 years old and married to Melanio Esquivel. They have 5 children, two who are older and three still in school.



Rosula started her business with savings from the money her husband earned as an employee of a public transportation company. In 2000, she rented a small space right in the terminal where her husband worked, where every day there was an interesting movement of people traveling, and so she saw a brilliant opportunity for this type of business. She started selling fast food such as empanadas, vegetable tarts, fried meats and snacks, and after she diversified her products with more elaborately prepared food.



Today this business is very viable, because she has an established customer base and also offers a catering service for many who can't go home to eat. The loan will be used to buy various merchandise. In addition to the her business serving meals, she also has a small dispensary.




La señora Rosula Monges tiene 42 años de edad, está casada con el señor Melanio Esquivel, matrimonio con cinco hijos, dos mayores de edad y tres en edad escolar.

Rosula comenzó su negocio con los ahorros que genero con el dinero que ganaba su marido quien trabaja como empleado en una empresa de transporte público de pasajeros, en el año 2000, alquiló un pequeño salón justamente en la terminal de la empresa donde trabajaba su marido, en donde cada día había un movimiento interesante de personas que viajaban, por lo tanto vio una oportunidad brillante para este tipo de negocio.
Comenzó vendiendo comidas rápidas tales como: empanadas, milanesas, croquetas, tartas de verduras, etc. y luego fue diversificando sus productos ya con comidas mas elaboradas.
Hoy en día dicha actividad le es muy rentable, porque ya tiene una clientela formada e incluso ya ofrece servicio de catering para muchos que no pueden ir a comer a sus casas.
El crédito será utilizado para la compra de mercaderías varias, ya que además de la venta de comidas posee una pequeña despensa.

Translated by Kiva volunteer, Emily Charnes


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Journal entries for Rosula Monges


Loan has been disbursed
 
Entrepreneur: Rosula Monges
Location: Ybycuí, Paraguay

Thank you for your loan. It has been disbursed to Rosula Monges by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the next 12 - 18 months, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Denysse Figueredo from Ybycuí, Paraguay
Oct 1, 2007
Comments (1)

Kiva Help Repayment Schedule for Rosula Monges

  Expected Repayments Actual Repayments Comments
January 2008 $50.00 $50.00 Repayment Received
February 2008 $50.00 $50.00 Repayment Received
March 2008 $50.00 $500.00 Repayment Received
April 2008 $50.00 $0.00 Repayment Received
May 2008 $50.00 $0.00 Repayment Received
June 2008 $50.00 $0.00 Repayment Received
July 2008 $50.00 $0.00 Repayment Received
August 2008 $50.00 $0.00 Repayment Received
September 2008 $50.00 $0.00 Repayment Received
October 2008 $50.00 $0.00 Repayment Received
November 2008 $50.00 $0.00 Repayment Received
December 2008 $50.00 $0.00 Repayment Received