Rita Torres Luna


Status: Paid Back

$300.00   Loan Request
$300.00   Paid Back

About the Entrepreneur

Name: Rita Torres Luna
Location: Montemorelos, Nuevo León, Mexico
Activity: Shoe Sales

About the Loan

Loan Amount: $300.00
Loan Use: Purchase merchandise to stock her business.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 1, 2008
Date Disbursed: Feb 15, 2008
Date Funded:Feb 1, 2008
Loan Ended:Aug 2, 2008

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.8801 MXN = 1 USD



After Rita saw that her friends, who made a living selling footwear, made some extra money to help their husbands with what they earned, she started looking for a way to do the same as they did. For one year now, Rita has been selling footwear through catalogs respecting her friends’ clients and acquiring new ones. Rita has two children for whom she works since her husband’s income is not enough to cover her children’s expenses.

However, Rita currently does not have sufficient merchandise to offer her clients. That is why she is requesting a loan for $300, which she is willing to pay in a 6-month term. With that money, she will be able to purchase more merchandise to offer her clients. With your help, Rita will be able to make enough to cover her children’s expenses.

Translated from Spanish by Evelyn Garcia, Kiva Volunteer.



Después de que Rita vio que a sus amigas, quienes se dedican a la venta de calzado, sacaban dinero extra para poder ayudar a sus esposos con lo que ganan fue como Rita buscó la manera para hacer este mismo oficio. Hace un año que Rita se dedica a vender zapatos por catálogo respetando los clientes de sus amigas y adquiriendo nuevos. Rita tiene dos hijos por quienes trabaja puesto que con lo que gana su esposo quien es albañil no le alcanza para poder pagar los gastos de sus hijos.



Sin embargo Rita actualmente no cuenta con mercancía suficiente para poder ofrecerle a sus clientes. Es por eso que está solicitando un crédito de US $300 que está dispuesta a pagarlos en un plazo de 6 meses y con este dinero Rita podrá comprar más mercancía para poder ofrecerle a sus clientes. Con tu ayuda Rita podrá sacar dinero para pagar los gastos de sus dos hijos.


Subscribe

Lenders to this entrepreneur

Robert
Leidschendam Voorburg,
Netherlands

Cheryl
Derby, Derbyshire
United Kingdom

Chester
Houston, TX
United States

Kathinka
Oslo,
Norway

Rita
San Francisco, CA
United States

Zopa.it
Milano, Italy
Italy

Martha
Houston, TX
United States

Fred
Niehove, Groningen



Journal entries for Rita Torres Luna


Loan has been disbursed
 
Entrepreneur: Rita Torres Luna
Location: Montemorelos, Nuevo León, Mexico

Thank you for your loan. It has been disbursed to Rita Torres Luna by Admic Nacional in Mexico. We are excited to watch this business grow. Over the next 6 months, Admic Nacional will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Victor Paredes from Montemorelos, Nuevo León, Mexico
Feb 2, 2008
Comment on this entry

Kiva Help Repayment Schedule for Rita Torres Luna

  Expected Repayments Actual Repayments Comments
May 2008 $50.00 $50.00 Repayment Received
June 2008 $50.00 $50.00 Repayment Received
July 2008 $50.00 $50.00 Repayment Received
August 2008 $50.00 $50.00 Repayment Received
September 2008 $50.00 $50.00 Repayment Received
October 2008 $50.00 $50.00 Repayment Received