María Del Rosario Ramírez Moyeda


Status: Paid Back

$475.00   Loan Request
$475.00   Paid Back

About the Entrepreneur

Name: María Del Rosario Ramírez Moyeda
Location: Monterrey, Nuevo León, Mexico
Activity: Cosmetics Sales

About the Loan

Loan Amount: $475.00
Loan Use: to buy merchandise to offer her customers
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 11, 2007
Date Disbursed: Nov 25, 2007
Date Funded:Nov 11, 2007
Loan Ended:May 14, 2008

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.8175 MXN = 1 USD



María del Rosario is a woman who constantly struggles for her two children. She really wishes and desires that they succeed in life through academics. Since the father of her two children abandoned them, she now has to pull through and support for her family. Therefore, she started to look for another way to improve their income. In her free afternoons, she started to sell beauty products and home goods like duvets through a catalog business. Little by little, she started to build up her clientele until she had a steady customer base and was able to offer a variety of products.


Without a doubt, María thinks that it is necessary to move ahead and find a better future for her children. Thus, she is seeking a loan of $475 which will be repaid in installments over 6 months. The loan will be used to buy more merchandise for product demos; this will enable her to attract more customers to buy her products. With your help, María will be able to grow her business as well as increase possibilities for self-improvement for her two sons.


Translated from Spanish by Geraldine Kim, Kiva Translator.



María del Rosario es una mujer que lucha constantemente por sus dos hijos que tanto quiere, y desea que salgan adelante en la vida a base de estudios. Debido a que el papá de sus hijos los abandonó y ahora ella es la que tiene que salir adelante, para poder mantener a su familia. Por lo tanto comenzó a buscar un ingreso extra para poder obtener mayores recursos. En las tardes libres comenzó a ofrecer productos de belleza y productos del hogar por catálogo como son los edredones, poco a poco comenzó a hacer clientela, hasta que formó un grupo, hasta que se pudo hacer de un repertorio de productos y clientas que la siguen.



Sin embargo María considera que es necesario seguir adelante y buscar un mejor futuro para sus hijos. Por lo tanto, está solicitando un crédito de US $475 y está dispuesta a pagarlos en un plazo de 6 meses y con ese dinero comprará más mercancía para poder programar demostraciones y así poder tener más clientas que le compren los productos. Con tu ayuda María podrá crecer su negocio y así crecer las posibilidades de que se superen los hijos de María.


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Journal entries for María Del Rosario Ramírez Moyeda


Loan has been disbursed
 
Entrepreneur: María Del Rosario Ramírez Moyeda
Location: Monterrey, Nuevo León, Mexico

Thank you for your loan. It has been disbursed to María Del Rosario Ramírez Moyeda 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 Monterrey, Nuevo León, Mexico
Nov 14, 2007
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Kiva Help Repayment Schedule for María Del Rosario Ramírez Moyeda

  Expected Repayments Actual Repayments Comments
February 2008 $79.17 $80.00 Repayment Received
March 2008 $79.17 $80.00 Repayment Received
April 2008 $79.17 $80.00 Repayment Received
May 2008 $79.17 $80.00 Repayment Received
June 2008 $79.17 $80.00 Repayment Received
July 2008 $79.15 $75.00 Repayment Received