Cecilia Quintero Reyes


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Cecilia Quintero Reyes
Location: Victoria, Tamaulipas, Mexico
Activity: Sewing

About the Loan

Loan Amount: $500.00
Loan Use: Purchase sewing materials
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 29, 2008
Date Disbursed: May 13, 2008
Date Funded:Apr 29, 2008
Loan Ended:Dec 15, 2008

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.4630 MXN = 1 USD



Cecilia started her business because she has always liked sewing. At first, she only did jobs for her family, but later she started to provide services for other people. This business has been optimal for her because she is doing something that she loves, and at the same time, she is making money to help her husband cover the family expenses.


She started her business 20 years ago, and has been sewing her whole life. Even though she lives in an impoverished area, people seek her services because they like her work and she always completes her job on time. She has always worked from home, and wants to keep doing so because she can take care of her household matters and work at the same time, which she really likes.


She is requesting a loan of $500.00 USD, which will be repaid in 6 months. This loan will help her purchase fabric, thread, buttons, and zippers, the materials she uses most, because it is necessary to have them at hand.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer.



Cecilia inició el negocio porque siempre le ha gustado la costura y inicialmente solo hacia trabajos para su familia, pero ya después empezó a darle el servicio a otra gente y le dio buen resultado porque hace algo que le gusta y a la vez gana dinero para ayudar a su esposo con los gastos de la familia.
Comenzó con el negocio hace 20 años, y ya tiene toda una vida haciendo costuras y aunque vive en un lugar modesto la gente de todas maneras me busca porque les gusta su manera de trabajar y siempre tiene a tiempo el trabajo de las prendas que le traen. el negocio siempre lo ha tenido en su casa y piensa seguir allí porque le da la facilidad de no descuidar la casa y a la vez trabajar en lo que realmente me gusta.


Solicita un préstamo por US $500 que pagara en 6 meses. Este crédito e servirá para poder comprar telas, hilos, botones y cierres porque son los materiales que mas usa y es necesario tener el material a la mano


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Journal entries for Cecilia Quintero Reyes


Loan has been disbursed
 
Entrepreneur: Cecilia Quintero Reyes
Location: Victoria, Tamaulipas, Mexico

Thank you for your loan. It has been disbursed to Cecilia Quintero Reyes 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 Victoria, Tamaulipas, Mexico
Apr 29, 2008
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Kiva Help Repayment Schedule for Cecilia Quintero Reyes

  Expected Repayments Actual Repayments Comments
July 2008 $0.00 $84.00  
August 2008 $83.33 $84.00 Repayment Received
September 2008 $83.33 $84.00 Repayment Received
October 2008 $83.33 $84.00 Repayment Received
November 2008 $83.33 $84.00 Repayment Received
December 2008 $83.33 $0.00 Repayment Received
January 2009 $83.35 $80.00 Repayment Received