Karina Elizabeth Ramírez Hernández


Status: Paid Back

$1,100.00   Loan Request
$1,100.00   Paid Back

About the Entrepreneur

Name: Karina Elizabeth Ramírez Hernández
Location: Monterrey, Nuevo León, Mexico
Activity: Clothing Sales

About the Loan

Loan Amount: $1,100.00
Loan Use: Buying a sewing machine to sew clothing more quickly.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 18, 2007
Date Disbursed: Dec 3, 2007
Date Funded:Nov 19, 2007
Loan Ended:May 20, 2008

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.9109 MXN = 1 USD



Karina started helping her mom at a seamstress shop two years ago, because her mom had many orders and could not fulfill all of them. That is how her interest in this type of business started. Little by little Karina got clients who want her to make clothes for them, and so, two sewing machines provide Karina's livelihood.


Karina is very hopeful to be able to get married and have children to teach them how good life can be when one works hard. She also wants to help her mother with the household expenses because her mom cannot do much sewing anymore because this work hurts her back. This is why Karina is requesting a loan for US$1,100 to be paid in a period of 6 months. With this money, Karina will be able to buy a new sewing machine and so she will finish her jobs more quickly, because one of the sewing machines she has is now very old and it takes a long time to sew an article of clothing. With your help, Karina will be able to help her mom and save money to get married.

Translated from Spanish by Eliana Colunga, Kiva volunteer



Karina comenzó a ayudarle a su mamá hace dos años, en un taller de costura, puesto que su mamá tenía muchos pedidos y no podía sacarlos todos. Y fue así como comenzó por interesarse en este tipo de negocios. Y poco a poco fue haciéndose de clientas que quieren que les fabrique ropa. Y con dos máquinas de coser es con lo que vive Karina.



Karina está muy ilusionada por poder en un futuro casarse y tener hijos para enseñarles los bueno que es la vida si se trabaja duro. Y también desea ayudar a su mamá con los gastos del hogar, puesto que ya no puede mucho con la costura, porque este oficio molesta mucho la espalda. Por lo tanto está solicitando un crédito de US $1,100 para pagarlos en un plazo de 6 meses y con este dinero Karina podrá comprar una nueva máquina de coser para terminar más rápido sus trabajos. Puesto que una de las que tiene está ya muy viejita y tarda mucho en coser una prenda. Con tu ayuda Karina podrá ayudar a su mamá y juntar dinero para poder casarse.


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Journal entries for Karina Elizabeth Ramírez Hernández


Loan has been disbursed
 
Entrepreneur: Karina Elizabeth Ramírez Hernández
Location: Monterrey, Nuevo León, Mexico

Thank you for your loan. It has been disbursed to Karina Elizabeth Ramírez Hernández 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 20, 2007
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Kiva Help Repayment Schedule for Karina Elizabeth Ramírez Hernández

  Expected Repayments Actual Repayments Comments
February 2008 $0.00 $184.00  
March 2008 $183.33 $184.00 Repayment Received
April 2008 $183.33 $184.00 Repayment Received
May 2008 $183.33 $184.00 Repayment Received
June 2008 $183.33 $184.00 Repayment Received
July 2008 $183.33 $180.00 Repayment Received
August 2008 $183.35 $0.00 Repayment Received