Alma Delia Hernandez Huitron


Status: Paid Back

$475.00   Loan Request
$475.00   Paid Back

About the Entrepreneur

Name: Alma Delia Hernandez Huitron
Location: Zacatecas, Mexico
Activity: General Store

About the Loan

Loan Amount: $475.00
Loan Use: to buy inventory
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 1, 2008
Date Disbursed: Apr 15, 2008
Date Funded:Apr 1, 2008
Loan Ended:Oct 6, 2008

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.7025 MXN = 1 USD



Alma Hernández was preoccupied by his family's financial difficulty. She decided to increase her income since two of her three children are at college. She resolved to set up a home business and started selling various gift items. Subsequently, she rented a space to sell her goods and was able to increase sales. It has been 5 years she has started her business.



Now, she seeks a loan of $475 which she will repay in 6 months so she can continue to buy inventory and offer a variety of products to her customers.

Translated from Spanish by Geraldine Kim, Kiva Translator.



Alma Hernández preocupada por la situación económica de su familia y decidida a aumentar las entradas de dinero, debido a que dos de sus tres hijos estaban en la universidad resolvió poner un negocio en la sala de su casa. Empezó vendiendo regalitos, posteriormente rento un local y surtió con artículos de papelería aumentando las ventas del negocio todo esto principió hace 5 años,


Ahora solicita un apoyo económico por US $475 que pagara en 6 meses para seguir comprar mercancía y ofrecer más variedad de productos a sus clientes.


Subscribe

Lenders to this entrepreneur

Brian
Madison, WI
United States

Phil
Saint Charles, Illinois
United States

Guadalupe
Chicago, IL
United States

adela y elias
huixquilucan, estado de mexico
Mexico

Sujei
west Sacramento, CA
United States

Cathy H V
Houston, TX
United States

Jamie
Kansas City, MO
United States

richard & kris
port orchard, WA
United States

Anonymous
LOS ANGELES, CA
United States

norton
upper fraser, British Columbia
Canada

Anna
Edmonton, Alberta
Canada

Jo Anne
Santa Clara, CA
United States

Kerry
Amarillo, TX
United States

Michelle
Weston, CO
United States

Donald
Los Altos, CA
United States



Journal entries for Alma Delia Hernandez Huitron


Loan has been disbursed
 
Entrepreneur: Alma Delia Hernandez Huitron
Location: Zacatecas, Mexico

Thank you for your loan. It has been disbursed to Alma Delia Hernandez Huitron 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 Zacatecas, Mexico
Apr 2, 2008
Comment on this entry

a stationary store in Zacatecas
 
Entrepreneur: Alma Delia Hernandez Huitron
Location: Zacatecas, Mexico

***note the photo correction...There was a photo mix-up, please see the attached picture of Alma Hernandez Huitron.

"It has always been my dream to have a stationary store," says Alma. She bought the store from another woman three years ago. The loans have been important to her since. She value the loans because they help her continue to keep the store stocked with items that people might need even when times are tough.

She is nervous about the "crisis"- the economic crisis. She knows that difficult times are ahead. As people pass her store, she can hear children ask their mom for a pencil but mom doesn't stop in for lack of resources.

She hasn't made her latest payment just yet. She will. She always has for the ten to eleven loans she has received from ADMIC. But January is difficult in all kinds of micro-businesses in Mexico. Taxes are due and people are exceptionally frugal after the expenses from the Christmas holidays. Her busiest times are in August when students go back to school.

ADMIC, the local Kiva partner, has been providing micro-loans and technical assistance for over thirty years throughout Mexico.


Posted by Megan McTiernan from Zacatecas, Mexico
Feb 3, 2009
Comment on this entry

Kiva Help Repayment Schedule for Alma Delia Hernandez Huitron

  Expected Repayments Actual Repayments Comments
July 2008 $79.17 $80.00 Repayment Received
August 2008 $79.17 $80.00 Repayment Received
September 2008 $79.17 $80.00 Repayment Received
October 2008 $79.17 $80.00 Repayment Received
November 2008 $79.17 $80.00 Repayment Received
December 2008 $79.15 $75.00 Repayment Received