Hermelinda Lara Chávez


Status: Paid Back

$475.00   Loan Request
$475.00   Paid Back

About the Entrepreneur

Name: Hermelinda Lara Chávez
Location: Escobedo, N. L., Mexico
Activity: Shoe Sales

About the Loan

Loan Amount: $475.00
Loan Use: purchase merchandise
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jan 5, 2007
Date Disbursed: Jan 19, 2007
Date Funded:Jan 5, 2007
Loan Ended:Jun 16, 2007

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:United States Dollars (USD)



The need for an extra income was what pushed Hermelinda to start selling shoes by catalogue, seeing as her husband does not have a good income. Her primary concern is to be able to provide her 3 children with the education they require to be able to have a future with dignified quality of life. It has already been two years since she started her project, and thanks to the unconditional support of her own and the love of her family, she has been able to continue until now.



Hermelinda now requires a loan of $475 that will be used to purchase merchandise that her clients have asked for, as she does not have the needed capital to increase her selection. She plans to repay the full amount of her loan in a term of 5 – 10 months. Don’t doubt it and decide to help Hermelinda to continue moving forward and help her dream become reality, to provide her children with the education they need. They will thank you forever.



Translated from Spanish by Erika Lindig, Kiva Volunteer.



La necesidad de ingresos extras, fue lo que impulso a Hermelinda a iniciar a vender zapatos por catálogo, ya que su esposo no tiene un buen ingreso. Su principal preocupación es poder brindarles a sus 3 hijos la educación que requieren para poder tener un futuro con una calidad de vida digna. Ya son dos años de que ella comenzó con este proyecto, y gracias al apoyo incondicional de los suyos y al amor a su familia ha logrado continuar hasta el momento.


Hermelinda en este momento requiere de un préstamo de $475 DLLS, mismo que utilizará para la compra de mercancía que sus clientes le solicitan, pues ella no posee el capital para surtir. Ella planea cubrir el monto total de su préstamo en un plazo de 5-10 meses. No lo dudes y decídete a apoyar a Hermelinda a seguir adelante y poder hacer realidad la ilusión de brindarles a sus hijos la educación que necesitan. Ellos te lo van a agradecer siempre.


Subscribe

Lenders to this entrepreneur

TCU CEO
Ft. Worth, TX
United States



Journal entries for Hermelinda Lara Chávez


Loan has been disbursed
 
Entrepreneur: Hermelinda Lara Chávez
Location: Escobedo, N. L., Mexico

Thank you for your loan. It has been disbursed to Hermelinda Lara Chávez by Admic Nacional in Mexico. We are excited to watch this business grow. Over the next 5 - 10 months, Admic Nacional will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Mayela Narro from Escobedo, N. L., Mexico
Jan 16, 2007
Comment on this entry

Kiva Help Repayment Schedule for Hermelinda Lara Chávez

  Expected Repayments Actual Repayments Comments
April 2007 $95.00 $95.00 Repayment Received
May 2007 $95.00 $95.00 Repayment Received
June 2007 $95.00 $0.00 Repayment Received
July 2007 $95.00 $190.00 Repayment Received
August 2007 $95.00 $95.00 Repayment Received