Eduardo Jesus Avila Chay


Status: Paid Back

$675.00   Loan Request
$675.00   Paid Back

About the Entrepreneur

Name: Eduardo Jesus Avila Chay
Location: Yucatán, Mexico
Activity: Printing

About the Loan

Loan Amount: $675.00
Loan Use: TO PURCHASE MATERIALS NEEDED FOR HIS PRINTING BUSINESS
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 22, 2008
Date Disbursed: Jun 6, 2008
Date Funded:May 23, 2008
Loan Ended:Jan 17, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.4439 MXN = 1 USD



Eduardo is married and has two daughters ages 21 and 15, and a son who is 20. From a very young age Eduardo has been involved in printing, working as an assistant for many years. After he was married, he realized that his salary would not be enough to take care of his family, so 15 years ago he decided to start saving and eventually he was able to open his own shop in a room in his house.



Today he has a good customer base and he would like to invest in growing his business. He is requesting a loan, which he will repay in 6 months, to purchase materials needed for his business. Your support will help Eduardo continue to succeed.




Eduardo es casado y tiene 2 hijas mujeres de 21,15 y un hombre 20. Desde muy temprana edad el señor Eduardo tiene conocimientos de serigrafía ya que trabajo como ayudante muchos años hasta que cuando se caso y nacieron sus hijos al darse cuenta que no le alcanzaba su sueldo como empleado, por lo que hace 15 años decidió ahorrar y poco a poco fue formando su taller, al principio en un cuarto de su casa que adecuo, hoy en día cuenta con una buena clientela y busca invertir para vender mayor cantidad de artículos.


El necesita un préstamo por US $675 que pagara en 6 meses para comprar pinturas para su negocio. Con tu apoyo Eduardo saldrá adelante.

Translated by Kiva volunteer, Emily Charnes


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Journal entries for Eduardo Jesus Avila Chay


Loan has been disbursed
 
Entrepreneur: Eduardo Jesus Avila Chay
Location: Yucatán, Mexico

Thank you for your loan. It has been disbursed to Eduardo Jesus Avila Chay 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 Yucatán, Mexico
May 23, 2008
Comment on this entry

Printing
 
Entrepreneur: Eduardo Jesus Avila Chay
Location: Yucatán, Mexico

Eduardo has worked full-time for a print shop for the last fifteen years. He has learned the craft and opened his own workshop in his house where he can take custom orders on his personal time.

He would like to have his own shop, but believes his current employers may be ready to close theirs. He is waiting to see what happens before he takes the step of opening his own shop with the current owner's son.

This is Eduardo's sixth loan with ADMIC, the local Kiva partner. ADMIC has been providing loans and other support to small businesses in Mexico for over thirty years.


Posted by Megan McTiernan from Yucatán, Mexico
Jan 15, 2009
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Kiva Help Repayment Schedule for Eduardo Jesus Avila Chay

  Expected Repayments Actual Repayments Comments
August 2008 $0.00 $113.00  
September 2008 $112.50 $113.00 Repayment Received
October 2008 $112.50 $113.00 Repayment Received
November 2008 $112.50 $113.00 Repayment Received
December 2008 $112.50 $0.00 Repayment Received
January 2009 $112.50 $110.50 Repayment Received
February 2009 $112.50 $112.50 Repayment Received