Martha Lorena Ruiz Flores


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Martha Lorena Ruiz Flores
Location: Managua, Nicaragua
Activity: Clothing Sales

About the Loan

Loan Amount: $600.00
Loan Use: Purchase clothing
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Dec 31, 2007
Date Disbursed: Jan 14, 2008
Date Funded:Dec 31, 2007
Loan Ended:Jun 15, 2008

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:United States Dollars (USD)



Selling clothing is an important business as clothing can be sold at any time of the year. Knowing this, Mr.s Marta Ruiz has been selling clothing for 10 years in order to support her 4 children and her husband.


She says that since the two years she has worked with Ceprodel she has had great opportunities through the loans she has received, taking advantage of the opportunities to expand her sales and income. Today she has a history of 14 loans with Ceprodel.

Translated from Spanish by Cindy Kendall, Kiva volunteer.



La venta de ropa es un negocio muy importante ya que puede ser comercializado en cualquier época del año. Consiente de esta situación, la señora Marta Ruiz desde hace 10 años se dedica a este negocio para poder mantener a sus 4 hijos apoyando de esta manera a su esposo.



Comenta que desde hace dos año ha trabajado con Ceprodel el cual le ha brindado grandes oportunidades por medio de los créditos habiéndolos aprovechado de manera que ha ampliado sus ventas tanto en volumen de mercadería como en utilidades. Hoy en día tiene un record de 14 créditos con Ceprodel.


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Lenders to this entrepreneur

Anonymous
Pleasanton, CA
United States

The Wollman Family
KIRKLAND, WA
United States

David & Janie
Lancaster, PA
United States

Diane
Tucson, AZ
United States

The Schumachers
St. Paul, MN
United States



Journal entries for Martha Lorena Ruiz Flores


Loan has been disbursed
 
Entrepreneur: Martha Lorena Ruiz Flores
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Martha Lorena Ruiz Flores by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the next 5 months, CEPRODEL will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Managua, Nicaragua
Jan 15, 2008
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Kiva Help Repayment Schedule for Martha Lorena Ruiz Flores

  Expected Repayments Actual Repayments Comments
April 2008 $120.00 $120.00 Repayment Received
May 2008 $120.00 $120.00 Repayment Received
June 2008 $120.00 $120.00 Repayment Received
July 2008 $120.00 $120.00 Repayment Received
August 2008 $120.00 $120.00 Repayment Received