Maria Elba Vargas


Status: Paid Back

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

About the Entrepreneur

Name: Maria Elba Vargas
Location: Nuevo Laredo, Mexico
Activity: Grocery Store

About the Loan

Loan Amount: $1,200.00
Loan Use: buy merchandise
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 4, 2007
Date Disbursed: Feb 28, 2007
Date Funded:Feb 14, 2007
Loan Ended:Feb 15, 2008

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:United States Dollars (USD)



Maria Elba is a woman who always comes out ahead, thanks to her effort and the dedication she has demonstrated ever since she became a widow. She started a small grocery store, which has functioned very well, but she wants to offer more brands and more variety of products in order to expand her business even further. For this reason she requests a loan of $1200, which she plans to repay in 12 months.

(Translated from the Spanish by Naomi Johnson, Kiva volunteer)


Maria Elba es una mujer que siempre sale adelante, gracias a su esfuerzo y dedicación que ha demostrado desde que quedo viuda, ella instalo una pequeña tienda de abarrotes la cual a funcionado muy bien pero quiere ofrecer otras marcas y variedad de productos para poder crecer mas aun el negocio, por lo cual esta solicitando un crédito de $1200.00dllrs el cual piensa pagar en un plazo de 12 meses.


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Journal entries for Maria Elba Vargas


Loan has been disbursed
 
Entrepreneur: Maria Elba Vargas
Location: Nuevo Laredo, Mexico

Thank you for your loan. It has been disbursed to Maria Elba Vargas by Fundación para la Vivienda Progresiva in Mexico. We are excited to watch this business grow. Over the next 12 - 18 months, Fundación para la Vivienda Progresiva will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Humberto Jimenez from Nuevo Laredo, Mexico
Feb 15, 2007
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Kiva Help Repayment Schedule for Maria Elba Vargas

  Expected Repayments Actual Repayments Comments
May 2007 $100.00 $0.00 Repayment Received
June 2007 $100.00 $200.00 Repayment Received
July 2007 $100.00 $0.00 Repayment Received
August 2007 $100.00 $200.00 Repayment Received
September 2007 $100.00 $100.00 Repayment Received
October 2007 $100.00 $100.00 Repayment Received
November 2007 $100.00 $100.00 Repayment Received
December 2007 $100.00 $100.00 Repayment Received
January 2008 $100.00 $100.00 Repayment Received
February 2008 $100.00 $100.00 Repayment Received
March 2008 $100.00 $100.00 Repayment Received
April 2008 $100.00 $100.00 Repayment Received