Maria Elena Reyes Moreno


Status: Paid Back

$825.00   Loan Request
$825.00   Paid Back

About the Entrepreneur

Name: Maria Elena Reyes Moreno
Location: Leon, Nicaragua
Activity: Used Clothing

About the Loan

Loan Amount: $825.00
Loan Use: TO PURCHASE MORE MERCHANDISE FOR HER USED CLOTHING BUSINESS. THIS BUSINESS PROVIDES THE NECESSARY INCOME TO HELP SUPPORT HER HOME AND 2 YOUNG CHILDREN.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jan 21, 2008
Date Disbursed: Feb 4, 2008
Date Funded:Jan 21, 2008
Loan Ended:Oct 27, 2008

About the Country

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



From the age of 10, Maria Elena has worked selling used clothing in the market of Leon. She began her business selling small quantities, and as the years passed, she has been acquiring greater quantities to sell. Her husband's income was not enough to cover their household costs, so Maria Elena decided to invest in her own business. Over the years, they've had 2 children and so their responsibilities have grown and they have to work even harder to care for their children and their modest home. The unconditional support of Ceprodel the last two years has provided 18 credits which they've used to purchase more products to sell and better support their home.







Maria Elena desde hace 10 años se dedica al negocio de venta de ropa usada en un tramo del mercado la Estación en León. Su negocio lo inició vendiendo en pequeñas cantidades sus productos pero por medio de los años ha venido adquiriendo mas cantidades para su debida comercialización.


El negocio lo comienza por la necesidad que por mucho tiempo ha atravesado su familia, el cual los ingresos de su esposo no daban abasto para los gastos del hogar, es por esto que decide invertir en este negocio. Con el paso de los años, nacieron sus ds hijos y su responsabilidad proliferó ya que le es necesario trabajar mas fuertemente para que junto con su esposo mantengan a sus hijos, y a la vez las mismas necesidades de su humilde hogar.


Su apoyo incondicional ha sido Ceprodel desde hace 2 años atrás brindándole un total de 18 créditos utilizados para la adquisición de sus productos y a la vez para el sustento de su hogar.



Translated by Kiva volunteer, Emily Charnes


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Lenders to this entrepreneur

Cheri
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Suzanne
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Jean Marc
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Patricia
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Mike
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dawn
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Julia
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Anonymous
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Paul
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Gerald
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Katja
Southampton, Hampshire
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Todd
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Jennifer
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Will
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STEVE & JAN
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David
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Jacques
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Ryan
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Dee & George
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Robert
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Lisa
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Anonymous



Journal entries for Maria Elena Reyes Moreno


Loan has been disbursed
 
Entrepreneur: Maria Elena Reyes Moreno
Location: Leon, Nicaragua

Thank you for your loan. It has been disbursed to Maria Elena Reyes Moreno by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the next 8 months, CEPRODEL will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Leon, Nicaragua
Feb 5, 2008
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Kiva Help Repayment Schedule for Maria Elena Reyes Moreno

Show Advanced
  Expected Repayments Actual Repayments Comments
May 2008 $103.13 $104.00 Repayment Received
June 2008 $103.13 $104.00 Repayment Received
July 2008 $103.13 $104.00 Repayment Received
August 2008 $103.13 $104.00 Repayment Received
September 2008 $103.13 $104.00 Repayment Received
October 2008 $103.13 $104.00 Repayment Received
November 2008 $103.13 $104.00 Repayment Received
December 2008 $103.09 $97.00 Repayment Received