Maria Magdalena Rodriguez Gomez


Status: Paid Back

$1,150.00   Loan Request
$1,150.00   Paid Back

About the Entrepreneur

Name: Maria Magdalena Rodriguez Gomez
Location: Saltillo, Coahuila, Mexico
Activity: Clothing Sales

About the Loan

Loan Amount: $1,150.00
Loan Use: Rennovate office/sales area
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 9, 2008
Date Disbursed: May 4, 2008
Date Funded:Apr 20, 2008
Loan Ended:Oct 22, 2008

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.5701 MXN = 1 USD



María Magdalena started her business selling new and semi-new clothes 15 years ago with a small nest-egg she had, selling a few pieces in order to improve her household’s economic situation which at that time was very precarious as her husband works in transport and earns a low salary, and also to assure a dignified future for her 3 children which at that time were adolescents and are now 30, 25 and 24 years old.


She is asking for a loan of $1150 USD which she will repay in 6 months in order to remodel her office/store space and renovate the sales area to improver the level of service offered to her customers. She trusts that with your support she will be able to make these improvements.


Translated from the Spanish by Katy Long, Kiva Volunteer



María Magdalena inició el negocio de venta de ropa nueva y seminueva hace 15 años con un pequeño ahorro que tenia vendiendo pocas piezas para mejorar la situación económica en su hogar ya que en ese momento era muy precaria ya que su esposo es transportista y percibe un sueldo bajo, además de asegurar un futuro digno a sus 3 hijos, que en ese momento eran adolecentes ahora tienen 30, 25 y 24 años.


Ella solicita US $1,150 que pagara en 6 meses para remodelar su local y acondicionar un área de ventas para mejor la atención a sus clientes. Ella confía que con tu apoyo podrá realizar estas adecuaciones.


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Journal entries for Maria Magdalena Rodriguez Gomez


Loan has been disbursed
 
Entrepreneur: Maria Magdalena Rodriguez Gomez
Location: Saltillo, Coahuila, Mexico

Thank you for your loan. It has been disbursed to Maria Magdalena Rodriguez Gomez 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 Saltillo, Coahuila, Mexico
Apr 21, 2008
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Kiva Help Repayment Schedule for Maria Magdalena Rodriguez Gomez

  Expected Repayments Actual Repayments Comments
July 2008 $0.00 $192.00  
August 2008 $191.67 $192.00 Repayment Received
September 2008 $191.67 $192.00 Repayment Received
October 2008 $191.67 $192.00 Repayment Received
November 2008 $191.67 $192.00 Repayment Received
December 2008 $191.67 $190.00 Repayment Received
January 2009 $191.65 $0.00 Repayment Received