Maria Vargas
Status: Paid Back
| $375.00 | Loan Request | |
|---|---|---|
| $375.00 | Paid Back |
About the Entrepreneur
| Name: | Maria Vargas |
|---|---|
| Location: | Guayaquil, Ecuador |
| Activity: | Cosmetics Sales |
About the Loan
| Loan Amount: | $375.00 |
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| Loan Use: | Invest in natural medicines and vitamins |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Jan 3, 2007 |
| Date Disbursed: | Jan 18, 2007 |
| Date Funded: | Jan 4, 2007 |
| Loan Ended: | Jul 26, 2007 |
About the Field Partner
About the Field Partner
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| Field Partner: | MIFEX |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Closed |
| Time On Kiva: | 42 months |
| Kiva Entrepreneurs: | 1918 |
| Total Loans: | $1,396,800 |
| Delinquency Rate: | N/A - No Paying Back Loans |
| Default Rate: | 24.14% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ecuador |
|---|---|
| Avg Annual Income: | $4,776.00 |
| Currency: | United States Dollars (USD) |
Maria sells perfumes, cosmetics, shampoo, natural medicines and other vitamins. She learned to be a saleswoman from her parents who are also in the same line of works. She is in need of a loan in order to invest in products. She is especially interested in diversifying her line of natural medicines because her clients are satisfied with the results and they have become very popular items. Maria is 41 years old and has 3 children. Her oldest daughter is married but still lives with Maria at home. Maria has been separated from her husband for 5 years and she has had to play the role of mother and father to her 2 younger children.
Mifex offers its clients microinsurance and access to business training and educational programs. For more information about microfinance, Ecuador, and our services, please visit www.mifex.org.
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Journal entries for Maria Vargas
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Gracias Kiva Y Mifex
Location: Guayaquil, Ecuador
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Posted by
Luis Crespo from Guayaquil, Ecuador
Jan 26, 2007 |
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Comment on this entry
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Repayment Schedule for Maria Vargas
Repayment Schedule for Maria Vargas
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| April 2007 | $62.50 | $0.00 |  Repayment Received
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| May 2007 | $62.50 | $126.00 | Repayment Received
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| June 2007 | $62.50 | $0.00 | Repayment Received
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| July 2007 | $62.50 | $126.00 | Repayment Received
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| August 2007 | $62.50 | $63.00 | Repayment Received
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| September 2007 | $62.50 | $60.00 | Repayment Received
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