Maria Otilia Muñoz Barrera


Status: Paid Back

$775.00   Loan Request
$775.00   Paid Back

About the Entrepreneur

Name: Maria Otilia Muñoz Barrera
Location: García, Nuevo León, Mexico
Activity: Shoe Sales

About the Loan

Loan Amount: $775.00
Loan Use: To purchase merchandise.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 21, 2008
Date Disbursed: May 10, 2008
Date Funded:Apr 26, 2008
Loan Ended:Feb 21, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.4625 MXN = 1 USD



Maria Otilia started her business to cover her own needs and she was motivated by lack of employment. She needed to support her children economically and to cover the house-hold expenses. She started selling shoes through a catalogue 5 eyars ago and it has all worked out quite well.



She is requesting a loan in the amount of $775 that will be repaid in a term of 8 months, to purchase merchandise. With your help Otilia will keep enjoying her success.



Translated from Spanish by Erika Lindig, Kiva Volunteer.



María Otilia inició el negocio para solventar sus necesidades por motivo de desempleo necesitaba sacar adelante a sus hijos económicamente y apoyar en gastos de casa. Comenzó con a venta de zapatos por catalogo hace 5 años y hasta ahora le ha ido muy bien.


Solicita un crédito por US $775 que pagara en 8 meses para comprar mercancía. Con tu apoyo Otilia seguirá prosperando


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Lenders to this entrepreneur

festival
Montreal, Quebec
Canada

Todd
grand island, NE
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Dave
Westmoreland,, TN
United States

Jacqui
Hitchin, Hertfordshire
United Kingdom

Lise Avery
Rutherford, NJ
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Tom
Aurora, CO
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Christopher
London,
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Yvonne
Leksand, Dalarna
Sweden

Elijah's Aunt
Staten Island, NY
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Anonymous
Escondido, CA
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LISA
Cornelia, GA
United States



Journal entries for Maria Otilia Muñoz Barrera


Loan has been disbursed
 
Entrepreneur: Maria Otilia Muñoz Barrera
Location: García, Nuevo León, Mexico

Thank you for your loan. It has been disbursed to Maria Otilia Muñoz Barrera by Admic Nacional in Mexico. We are excited to watch this business grow. Over the next 8 months, Admic Nacional will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Leticia Ramirez from García, Nuevo León, Mexico
Apr 27, 2008
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Kiva Help Repayment Schedule for Maria Otilia Muñoz Barrera

  Expected Repayments Actual Repayments Comments
July 2008 $0.00 $97.00  
August 2008 $96.88 $97.00 Repayment Received
September 2008 $96.88 $97.00 Repayment Received
October 2008 $96.88 $97.00 Repayment Received
November 2008 $96.88 $97.00 Repayment Received
December 2008 $96.88 $0.00 Repayment Received
January 2009 $96.88 $96.25 Repayment Received
February 2009 $96.88 $96.87 Repayment Received
March 2009 $96.84 $96.88 Repayment Received