Jose Jesus Mireles Mascorro


Status: Paid Back

$300.00   Loan Request
$300.00   Paid Back

About the Entrepreneur

Name: Jose Jesus Mireles Mascorro
Location: Victoria, Tamaulipas, Mexico
Activity: Used Clothing

About the Loan

Loan Amount: $300.00
Loan Use: Purchase merchandise
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



José started his business because he needed to support his wife somehow, and what better way to do so than selling clothing and footwear. He works in several market places, which allows him to work 7 days a week.


He started selling at market places 7 years ago, and since then he has not quit the business because it generates good profits. He cannot slow down his sales because of the serious economic crisis and because the expenses never stop accumulating. He currently sells in several market places and offers apparel at a good price so that his customers can keep buying from him because the competition is stiff.


He is requesting a loan of $300.00 USD, which will be repaid in 6 months. He will use this loan to purchase merchandise.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer.



José inició el negocio porque tiene que mantener a su pareja de alguna manera y que mejor que tener su propio negocio de venta de ropa y calzado. Trabajo en varios tianguis de la ciudad y eso le permite tener ventas todos los días de la semana.


Comenzó hace mas de 5 años con las ventas en los tianguis y desde allí no ha dejado el negocio porque le esta dando buenas ganancias y no puede darse el privilegio de aflojar en las ventas porque la crisis esta muy aguda y los gastos nunca paran. Actualmente vende en varios tianguis y ofrece su ropa a buen precio para que la misma gente le siga comprando porque la competencia en este tipo de negocios es muy dura.


Solicita un préstamo por US $300 que pagara en 6 meses. Este crédito lo va a apoyar para surtir mercancía.


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Lenders to this entrepreneur

Nuria
Dallas, TX
United States

Steve+Ruth
Elizabeth City, NC
United States

Amina & Tomas
Toronto, Ontario
Canada



Journal entries for Jose Jesus Mireles Mascorro


Loan has been disbursed
 
Entrepreneur: Jose Jesus Mireles Mascorro
Location: Victoria, Tamaulipas, Mexico

Thank you for your loan. It has been disbursed to Jose Jesus Mireles Mascorro 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 Jose Jesus Mireles Mascorro

  Expected Repayments Actual Repayments Comments
July 2008 $0.00 $50.00  
August 2008 $50.00 $50.00 Repayment Received
September 2008 $50.00 $50.00 Repayment Received
October 2008 $50.00 $50.00 Repayment Received
November 2008 $50.00 $50.00 Repayment Received
December 2008 $50.00 $0.00 Repayment Received
January 2009 $50.00 $50.00 Repayment Received