Mercedes Abigail Paz Arguello


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Mercedes Abigail Paz Arguello
Location: Chinandega, Nicaragua
Activity: Clothing Sales

About the Loan

Loan Amount: $500.00
Loan Use: Purchase of clothing to resell.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 1, 2008
Date Disbursed: Feb 16, 2008
Date Funded:Feb 2, 2008
Loan Ended:Aug 16, 2008

About the Country

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



For over 15 years Mercedes Paz has sold clothing in the central market in the city of Chinandega. She sells clothing of all sizes and for all ages. Mercedes own her own portion of the market which has required a great deal of investment to obtain. These proved especially difficult because she is a single mother with one child to care for. Still, she has managed to stock the business with a large quantity of clothing.


Five yeas ago Mercedes began as a traveling saleswoman, selling clothing throughout the market, exposing herself to the sun and expending great physical energy walking all day. Slowly Mercedes began to save for the purchase of a stall inside the market, and finally purchased one. Since then she has begun to take loans from CEPRODEL. These loans have greatly helped her and allowed her to purchase large quantities of clothing to sell. Additionally, she has been able to better support her small family as a single mother with a young child.

Translated from Spanish by Casey Unrein, Kiva volunteer.




Desde hace 15 años en la ciudad de Chinandega en el mercado central, la señora Mercedes Paz se dedica a la venta de ropa de todos tamaños y para todas las edades. Posee un tramo propio el cual le ha costado mucha inversión y por ser una madre soltera y con un hijo pequeño a que mantener ha logrado surtir de mayores cantidades de ropa su negocio.



El negocio lo comienza hace 5 años vendiendo ambulante en todo el mercado, exponiéndose al sol y al desgaste físico producidos por el caminar mucho. Poco a poco comenzó a invertir para pagar un local interno en el mercado hasta que lo obtuvo. Desde que logró obtener el tramo en el mercado ha realizado créditos en Ceprodel que le han impactado grandemente por el hecho de que ha comprado mayores volúmenes de ropa para ofrecer y además ha podido sostener el núcleo de su hogar por ser madre soltera y con un pequeño hijo a quien mantener.



Subscribe

Lenders to this entrepreneur

Anonymous
San Diego, CA
United States

Christopher
North Syracuse, NY
United States

Tim & Bernd
Vancouver, BC
Canada

Brett
Austin, TX
United States

John C. Kirkland
Southern California,
United States

Lydia
Mount Laurel, NJ
United States

Samuel & Joyce
Denver, CO
United States

Mary Ann
Sandwich, MA
United States

John & Kathleen
Damariscotta, ME
United States

Donna and Graham
Calgary, Alberta
Canada

Marie
Reno, NV
United States

andrew john
harbor springs, MI
United States

Nola
New York, NY
United States



Journal entries for Mercedes Abigail Paz Arguello


Loan has been disbursed
 
Entrepreneur: Mercedes Abigail Paz Arguello
Location: Chinandega, Nicaragua

Thank you for your loan. It has been disbursed to Mercedes Abigail Paz Arguello by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the next 6 months, CEPRODEL will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Chinandega, Nicaragua
Feb 16, 2008
Comment on this entry

Kiva Help Repayment Schedule for Mercedes Abigail Paz Arguello

  Expected Repayments Actual Repayments Comments
May 2008 $83.33 $84.00 Repayment Received
June 2008 $83.33 $84.00 Repayment Received
July 2008 $83.33 $84.00 Repayment Received
August 2008 $83.33 $84.00 Repayment Received
September 2008 $83.33 $84.00 Repayment Received
October 2008 $83.35 $80.00 Repayment Received