Blanca Nelly Jaramillo Garza


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Blanca Nelly Jaramillo Garza
Location: Apodaca, N. L., Mexico
Activity: Shoe Sales

About the Loan

Loan Amount: $1,200.00
Loan Use: Purchase inventory for pending orders
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 2, 2008
Date Disbursed: Feb 18, 2008
Date Funded:Feb 4, 2008
Loan Ended:Aug 18, 2008

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.8435 MXN = 1 USD



After her husband lost his job, Blanca started to sell shoes through a catalogue. Her mother sells these products and seeing the need she gave Blanca a portfolio of customers. With this help she enthusiastically started this venture. Currently her customer base has grown and fortunately her husband has found work.


She still needs to continue to grow her business, however, and she does not have enough capital to buy more shoes. This is the reason Blanca is requesting a loan of USD $1200, that she is certain she can repay in six months. With this money she will be able to get her three children, ages 9, 3 and 1, ahead so that they can get as much schooling as possible.

Translated from Spanish by Laura Bobbit, Kiva volunteer.



Blanca comenzó a vender zapatos por catálogo después de que su esposo se quedó sin trabajo. Su mamá se dedica a vender estos productos y al ver la necesitad de Blanca le pasó una cartera de clientes. Con esto y mucho entusiasmo comenzó con este oficio. Actualmente su cartera a crecido. Y afortunadamente su esposo ya tiene trabajo.


Sin embargo Blanca necesita seguir creciendo porque no cuenta con recursos suficientes para poder tener calzado. Es por eso que Blanca está solicitando un crédito de US $1200 que está segura podrá pagarlos en un plazo de 6 meses y con este dinero Blanca podrá sacar adelante a sus tres hijos de 9, 3 y 1 año para que estudien lo más que se pueda.


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Journal entries for Blanca Nelly Jaramillo Garza


Loan has been disbursed
 
Entrepreneur: Blanca Nelly Jaramillo Garza
Location: Apodaca, N. L., Mexico

Thank you for your loan. It has been disbursed to Blanca Nelly Jaramillo Garza 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 Apodaca, N. L., Mexico
Feb 18, 2008
Comments (4)

Kiva Help Repayment Schedule for Blanca Nelly Jaramillo Garza

  Expected Repayments Actual Repayments Comments
May 2008 $200.00 $200.00 Repayment Received
June 2008 $200.00 $200.00 Repayment Received
July 2008 $200.00 $200.00 Repayment Received
August 2008 $200.00 $200.00 Repayment Received
September 2008 $200.00 $200.00 Repayment Received
October 2008 $200.00 $200.00 Repayment Received