Felipa Oliva Morales


Status: Paid Back

$475.00   Loan Request
$475.00   Paid Back

About the Entrepreneur

Name: Felipa Oliva Morales
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 20, 2007
Date Funded:Jan 6, 2007
Loan Ended:Jun 16, 2007

About the Country

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



Felipa is mother of three children, two of which are married and the youngest one is currently studying a professional career. Her husband works as a taxi driver, for which his income is very variable. For this reason two years ago she started to sell shoes by catalogue. Her primary goal is to see her son finish his university studies, it is for him that she has fought so hard to continue this project. Without this business she would have no resources to cover the cost of their son’s education.



To realize her dream, Felipa requires a loan of $475 that will be put towards the purchase of merchandise to increase her sales, but more importantly to be able to pay off some outstanding accounts, for if she does not pay them she will not be able to go on. You have the power to help her and contribute to the training of their children. Make your decision – they thank you for it.



Translated from Spanish by Erika Lindig, Kiva Volunteer.



Felipa es madre de 3 hijos, dos de ellos están casados y el más pequeño se encuentra estudiando una carrera profesional. Su esposo trabaja en un taxi, por lo que sus ingresos son muy variables y eventuales, por esta razón hace 2 años ella comenzó a vender zapatos por catálogo. Su principal objetivo es que su hijo culmine sus estudios universitarios, es por ello que ha luchado muchísimo para continuar con este proyecto, pues sin esta actividad no tendrían los recursos para costear la educación de su hijo.


Para poder cristalizar su sueño, Felipa requiere de un préstamo de $475 dólares, mismo que utilizará en la compra de mercancía para poder incrementar sus ventas, pero más importante aún para poder pagar unas facturas que tiene pendientes, pues si no las cubre ya no podrá continuar. Tú tienes el poder de ayudarla y contribuir a la formación de sus hijos, decídete, ellos te lo agradecen


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Lenders to this entrepreneur

Ester
Abington, PA
United States

agmilmoe
Oakland, CA
United States

Justin CALVAT
Le Plessis-Bouchard,
France

Peter
Roseburg, OR
United States

maurizio
milano, Milano
Italy

Anne
Le Pré Saint Gervais,

Glennie
Lyon, Rhône Alpes
France

Penny
Portland, OR
United States

Thierry
Toulouse,
France

Paul & Susan
Sammamish, WA
United States



Journal entries for Felipa Oliva Morales


Loan has been disbursed
 
Entrepreneur: Felipa Oliva Morales
Location: Escobedo, N. L., Mexico

Thank you for your loan. It has been disbursed to Felipa Oliva Morales 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
Comments (1)

Kiva Help Repayment Schedule for Felipa Oliva Morales

  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