Mercedes Benítez


Status: Paid Back

$1,075.00   Loan Request
$1,075.00   Paid Back

About the Entrepreneur

Name: Mercedes Benítez
Location: Ita, Paraguay
Activity: Butcher Shop

About the Loan

Loan Amount: $1,075.00
Loan Use: Purcahse Livestock
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 28, 2007
Date Disbursed: Dec 13, 2007
Date Funded:Nov 29, 2007
Loan Ended:Jan 15, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:4,664.8000 PYG = 1 USD



Mercedes is 45 years old. She co-habited with Miguel for 24 years, until she was widowed three years ago, leaving her in charge of their business that they started together when the began their relationship.


Mercedes owns a butcher’s shop, she recounts with much sadness that when her partner died, she had many difficulties in taking over this and the grocery store which they managed together, as it was he who had largely taken care of the businesses. Despite this, she managed to continue forward alone, with the help of her 5 children aged 28, 24, 22, 19 and 13 years-old respectively. Today only the youngest of them lives with her, while the rest are already married and have established their own homes although they continue to help her with the family business.


Today her business continues to function well, with a well-established customer base, and she struggles day-by-day to advance.


Mercedes needs a loan in order to buy livestock which she will then farm in order to sell the meat in her butcher’s shop.


Translated for the Spanish by Kiva Volunteer, Katy Long


Mercedes tiene 45 años. Vivió en pareja durante 24 años con Miguel hasta que enviudó hace 3 años quedándose a cargo del negocio que montaron juntos cuando comenzaron la relación.


Mercedes posee una carnicería, cuenta con mucha tristeza que cuando falleció su pareja tuvo muchas dificultades para retomar el negocio de la carnicería y la despensa que manejaban juntos, debido a que él se ocupaba mayormente de dichos negocios. No obstante logró salir adelante sola con la ayuda de sus cinco hijos de 28, 24, 22, 19 y 13 años respectivamente. Hoy día solamente la menor de todos vive con ella, mientras que los demás ya están casados y han formado sus propios hogares aunque continúan ayudando en el negocio familiar.


Hoy día su negocio continúa bastante bien, cuenta con clientela bien formada y ella lucha día a día por salir adelante.


Necesita de un crédito para la compra de animales vivos que luego faena para vender la carne en su carnicería.


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Journal entries for Mercedes Benítez


Loan has been disbursed
 
Entrepreneur: Mercedes Benítez
Location: Ita, Paraguay

Thank you for your loan. It has been disbursed to Mercedes Benítez 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 Ita, Paraguay
Nov 29, 2007
Comments (1)

Kiva Help Repayment Schedule for Mercedes Benítez

  Expected Repayments Actual Repayments Comments
February 2008 $0.00 $90.00  
March 2008 $89.58 $90.00 Repayment Received
April 2008 $89.58 $90.00 Repayment Received
May 2008 $89.58 $90.00 Repayment Received
June 2008 $89.58 $90.00 Repayment Received
July 2008 $89.58 $90.00 Repayment Received
August 2008 $89.58 $90.00 Repayment Received
September 2008 $89.58 $90.00 Repayment Received
October 2008 $89.58 $90.00 Repayment Received
November 2008 $89.58 $90.00 Repayment Received
December 2008 $89.58 $0.00 Repayment Received
January 2009 $89.58 $85.42 Repayment Received
February 2009 $89.62 $89.58 Repayment Received