Carmen Rendón


Status: Paid Back

$475.00   Loan Request
$475.00   Paid Back

About the Entrepreneur

Name: Carmen Rendón
Location: Guayaquil, Ecuador
Activity: Soft Drinks

About the Loan

Loan Amount: $475.00
Loan Use: To buy more soft drinks and a tricycle.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 23, 2007
Date Disbursed: Mar 11, 2007
Date Funded:Feb 25, 2007
Loan Ended:Sep 5, 2007

About the Country

Country:Ecuador
Avg Annual Income:$4,776.00
Currency:United States Dollars (USD)



Carmen has 8 years of experience selling soft drinks at $.10 each. She goes out every day of the week at 6:00 AM to sell along the streets with the most traffic, and she comes home at 10:00 PM. Things have gone well for her in this business because she has been able to buy her own land and a wooden house. Her oldest son works with her, and he has been a great support.

She needs this loan in order to buy more soft drinks and a tricycle. With the income generated she will be able to reinvest in the business.

Carmen was born in Bolívar. She is 36 years old, with 2 children. She is a single mother. Ever since she was small, she has worked, starting in the country planting seeds. She also worked selling wood for the city. Because of her children's studies, she had to abandon her native home and to go live in the Isla Trinitaria neighborhood of Guayaquil. From there, she started her current business. Her desire is to strengthen this business. Since it has already permitted her to meet her basic needs, she has great hope that it will prosper.

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

Carmen tiene 8años de experiencia vendiendo vasos de gaseosas a $ 0.10. Ella sale todos los días de la semana a las 6:00AM a recorrer las calles que son de mayor circulación y regresa a las 10:00PM. En el negocio le va bien porque ha podido comprar su terreno y tiene su casa de madera. Su hijo mayor trabaja con ella y es de gran apoyo.

Ella necesita el préstamo para comprar más gaseosas y un triciclo. Con los ingresos generados podrá reinvertir en el negocio.

Carmen nació en Bolívar. Tiene 36 años. Con 2 hijos. Es madre soltera Ella desde pequeña comenzó ha trabajar en el campo sembrando, también se dedico a vender madera para la ciudad. Por los estudios de sus hijos tuvo que abandonar su casa natal para ir a vivir en la Isla Trinitaria- Guayaquil. Desde allí se dedico a su negocio que todavía lo realiza. Su deseo es fortalecer el negocio ya que le ha permitido satisfacer sus necesidades primarias y tiene mucha esperanza de que va a prosperar.



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Journal entries for Carmen Rendón


Agradecimientos
 
Entrepreneur: Carmen Rendón
Location: Guayaquil, Ecuador

Carmen agradece a la comunidad Kiva solidaria por el crédito recibido. Para ella esta operación de financiamiento es de suma importancia su familia y micro-empresa tiene ahora una oportunidad de crecimiento y la sociedad en su sector tendrá mas bienes y servicios.

www.mifex.org


Posted by Luis Crespo from Guayaquil, Ecuador
Mar 5, 2007
Comments (2)

Kiva Help Repayment Schedule for Carmen Rendón

  Expected Repayments Actual Repayments Comments
June 2007 $79.17 $0.00 Repayment Received
July 2007 $79.17 $160.00 Repayment Received
August 2007 $79.17 $80.00 Repayment Received
September 2007 $79.17 $80.00 Repayment Received
October 2007 $79.17 $80.00 Repayment Received
November 2007 $79.15 $75.00 Repayment Received