Guillermo Olazaran Valladares


Status: Paid Back

$950.00   Loan Request
$950.00   Paid Back

About the Entrepreneur

Name: Guillermo Olazaran Valladares
Location: Linares, Mexico
Activity: General Store

About the Loan

Loan Amount: $950.00
Loan Use: Add new lines of products to his store
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 27, 2008
Date Disbursed: Apr 11, 2008
Date Funded:Mar 28, 2008
Loan Ended:Oct 1, 2008

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.7172 MXN = 1 USD



Guillermo Olazaran lives in the town of Linares, Nuevo León. He is married and has a 2-year old son. He used to be a beekeeper, but because work was in short supply and the price of honey was low, he decided to start up a grocery store. He began about a year and a half ago with daily necessities like milk, tortillas, eggs and cooking oil, and now he has a bit of everything. He also sells to people living in adjacent neighbourhoods.



Guillermo needs a loan of US$950 that he will repay in 6 months. With the money he will diversify into other products including stationery, photocopying, and spiral binding. With your help Guillermo will be able to provide a better quality of life for his family.

Translated from Spanish by Jane Agg, Kiva Volunteer.



Guillermo Olazaran es una habitante de la ciudad de Linares, Nuevo León, casado y con un pequeño de 2 años, el se dedicaba al oficio de apicultor pero como había poco trabajo y la miel que vendía era pagada a muy bajo precio, fue que decidió poner su tienda de abarrotes, la inicio hace aproximadamente un año y medio con los productos mas indispensables como: leche, tortillas, huevo y aceite ahora tiene de todo un poco para surtir la despensa de las familias de las colonias aledañas


El requiere un apoyo económico por US $950 que esta dispuesto a liquidar en 6 meses para diversificar su negocio incluyendo otros servicios a su tienda como artículos de papelería, copias y enjicados. Con tu apoyo Guillermo podrá ofrecerla una mejor calidad de vida a su familia.


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Journal entries for Guillermo Olazaran Valladares


Loan has been disbursed
 
Entrepreneur: Guillermo Olazaran Valladares
Location: Linares, Mexico

Thank you for your loan. It has been disbursed to Guillermo Olazaran Valladares 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 Leticia Ramirez from Linares, Mexico
Mar 28, 2008
Comments (1)

Kiva Help Repayment Schedule for Guillermo Olazaran Valladares

  Expected Repayments Actual Repayments Comments
June 2008 $0.00 $159.00  
July 2008 $158.33 $159.00 Repayment Received
August 2008 $158.33 $159.00 Repayment Received
September 2008 $158.33 $159.00 Repayment Received
October 2008 $158.33 $159.00 Repayment Received
November 2008 $158.33 $155.00 Repayment Received
December 2008 $158.35 $0.00 Repayment Received