Miguel Puente Valdes


Status: Paid Back

$475.00   Loan Request
$475.00   Paid Back

About the Entrepreneur

Name: Miguel Puente Valdes
Location: Tampico, Tamaulipas, Mexico
Activity: Clothing Sales

About the Loan

Loan Amount: $475.00
Loan Use: To buy merchandise to expand business
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 5, 2007
Date Disbursed: Oct 20, 2007
Date Funded:Oct 6, 2007
Loan Ended:Feb 6, 2008

About the Country

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



Miguel considers himself a fighter and a very responsible person that is not afraid of working. He is single and he started his own business because he did not have a stable job and he needed something to live on. A close friend advised him to sell clothes, and that is how in 2005 he started selling clothes among his acquaintances and later on he started selling door to door and that way he got a client base and improved his business. He now wants to expand his business.

Miguel is asking for a $475 loan in order to buy clothes for the next season which will be colder and that way be able to offer better products to his clients and increase his sales, offering to pay back the loan in 4 months. He is very thankful for the support that he is given so that he can get ahead and improve his quality of life.

Translated from Spanish by Samantha, Kiva Volunteer.



Miguel se considera una persona muy luchadora, responsable y que no le tiene miedo al trabajo, él es un hombre soltero, el empezó su negocio por que no tenía un trabajo fijo y necesitaba hacer algo para poder vivir, por lo que escucho el consejo de un amigo cercano que le sugirió que se dedique a la venta de ropa y fue así como en el año 2005 el comenzó vendiendo ropa entre sus amistades y poco a poco fue vendiendo de casa en casa y así se fue haciendo de una cartera de clientes y a la vez fue mejorando su negocio, ahora el desea continuar con su negocio y llegar a hacerlo crecer.


Miguel esta solicitando un préstamo por US $ 475 para poder comprar ropa para la temporada que viene que ya comenzará a hacer más frío y así poder ofrecer buenos productos a sus clientes e incrementar sus ventas, ofreciendo pagar el préstamo en 4 meses. Él esta muy agradecido por el apoyo que le das para poder salir adelante con su negocio y poder tener una mejor calidad de vida.


Subscribe

Lenders to this entrepreneur

Thalia
Wichita, KS
United States

Elisabeth
London,
United Kingdom

SHORTY
KAUKAUNA, WI
United States

Shiv Shreya
Montreal, Quebec
Canada

Andrew and Christy
Burnaby, British Columbia
Canada

Anonymous
Pasadena, CA
United States

Shelley
Boca grande, FL
United States

Ray
Cincinnati, OH
United States

Avion
Cattaraugus, NY
United States

Paula
Port St. Lucie, FL
United States

Job
amsterdam,
Netherlands

Lee
W. Des Moines, IA
United States

Gordon
Staten Island, NY
United States

Liz
guernsey, Channel Islands

Darren
durango, CO
United States

Check-Six.com
Martinez, CA
United States

inductsys.com
Boise, ID
United States



Journal entries for Miguel Puente Valdes


Loan has been disbursed
 
Entrepreneur: Miguel Puente Valdes
Location: Tampico, Tamaulipas, Mexico

Thank you for your loan. It has been disbursed to Miguel Puente Valdes by Admic Nacional in Mexico. We are excited to watch this business grow. Over the next 4 - 10 months, Admic Nacional will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Victor Paredes from Tampico, Tamaulipas, Mexico
Oct 6, 2007
Comment on this entry

Kiva Help Repayment Schedule for Miguel Puente Valdes

  Expected Repayments Actual Repayments Comments
January 2008 $118.75 $119.00 Repayment Received
February 2008 $118.75 $119.00 Repayment Received
March 2008 $118.75 $119.00 Repayment Received
April 2008 $118.75 $118.00 Repayment Received