Martha Veronica Yerena Chavez


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Martha Veronica Yerena Chavez
Location: Montemorelos, Nuevo León, Mexico
Activity: Used Clothing

About the Loan

Loan Amount: $500.00
Loan Use: Purchase of inventory
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 20, 2008
Date Disbursed: May 5, 2008
Date Funded:Apr 21, 2008
Loan Ended:Sep 26, 2008

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.4595 MXN = 1 USD



Veronica is married and has 2 children, Vicor Guadalupe who is 8 years old, and Martha Itzel 6years old. Both are students, and her husband is a construction worker. Two years ago she started selling clothing from her home to her family and friends. She started when her husband went to the United States to look for work. During that time she was in charge of the kids. Since she was successful with her business she continued it.

She is soliciting this loan for $475us that she will pay back in 5 months, because she wants to buy more inventory in order to increase her income. With your contributions Veronica will achieve her sales goals.

Translated from Spanish by James Lombardo, Kiva volunteer



Verónica es casada y tiene 2 hijos, Víctor Guadalupe de 8 años y Martha Itzel de 6 estudiantes. Su esposo se dedica a la construcción. Inicio hace 2 años vendiendo ropa en su casa a sus familiares a sus amigas, cuando su esposo se fue a Estados Unidos a buscar trabajo, mientras tanto ella se hizo cargo de la manutención de sus hijos. Como le iba bien continua con esta actividad.


Ahora solicita un crédito por US $475 que pagara en 5 meses para comprar mercancía y así obtener mejores ingresos. Con tu contribución verónica lograra incrementar sus ventas.


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Journal entries for Martha Veronica Yerena Chavez


Loan has been disbursed
 
Entrepreneur: Martha Veronica Yerena Chavez
Location: Montemorelos, Nuevo León, Mexico

Thank you for your loan. It has been disbursed to Martha Veronica Yerena Chavez by Admic Nacional in Mexico. We are excited to watch this business grow. Over the next 5 months, Admic Nacional will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Leticia Ramirez from Montemorelos, Nuevo León, Mexico
Apr 21, 2008
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Kiva Help Repayment Schedule for Martha Veronica Yerena Chavez

  Expected Repayments Actual Repayments Comments
July 2008 $0.00 $100.00  
August 2008 $100.00 $100.00 Repayment Received
September 2008 $100.00 $100.00 Repayment Received
October 2008 $100.00 $100.00 Repayment Received
November 2008 $100.00 $100.00 Repayment Received
December 2008 $100.00 $0.00 Repayment Received