Rosa Vera


Status: Paid Back

$625.00   Loan Request
$625.00   Paid Back

About the Entrepreneur

Name: Rosa Vera
Location: Guayaquil, Ecuador
Activity: Home Products Sales

About the Loan

Loan Amount: $625.00
Loan Use: Rosita is in need of financing in order to increase her product line.
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Dec 13, 2006
Date Disbursed: Dec 29, 2006
Date Funded:Dec 15, 2006
Loan Ended:Aug 21, 2007

About the Country

Country:Ecuador
Avg Annual Income:$4,776.00
Currency:United States Dollars (USD)



Rosita sells pots and other kitchenware. She has been working in this line of business for 2 years after being taught the ins and outs of the trade by her brothers. With $50 in capital she bought some merchandise and began selling door-to-door. Rosita is in need of financing in order to increase her product line. She has always had a scarcity of capital and this has restrained her business from growing. She plans to purchase a variety of products from wholesalers in order to increase profits.



Rosita is 30 years old, is married, and has three children. Her husband is very supportive of her activities and helps her buy and transport the goods. They work very hard to provide an education for their children.



Mifex offers its clients microinsurance and access to business training and educational programs. For more information about microfinance, Ecuador, and our services, please visit www.mifex.org.




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Journal entries for Rosa Vera


Gracias Kiva Y Mifex
 
Entrepreneur: Rosa Vera
Location: Guayaquil, Ecuador

Rosa esta muy agradecida con los prestamistas Kiva solidarios por apoyar a los micro-empresarios ecuatorianos que no tiene acceso a las finanzas por parte de las organizaciones locales. Ella esta seguro que tendrá mejores días en el futuro.

www.mifwx.org


Posted by Luis Crespo from Guayaquil, Ecuador
Dec 21, 2006
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Kiva Help Repayment Schedule for Rosa Vera

  Expected Repayments Actual Repayments Comments
March 2007 $78.12 $79.00 Repayment Received
April 2007 $78.12 $0.00 Repayment Received
May 2007 $78.12 $79.00 Repayment Received
June 2007 $78.12 $158.00 Repayment Received
July 2007 $78.12 $0.00 Repayment Received
August 2007 $78.12 $158.00 Repayment Received
September 2007 $78.12 $79.00 Repayment Received
October 2007 $78.16 $72.00 Repayment Received