Victor Ramos Villa


Status: Paid Back

$400.00   Loan Request
$400.00   Paid Back

About the Entrepreneur

Name: Victor Ramos Villa
Location: Saltillo, Coahuila, Mexico
Activity: Bakery

About the Loan

Loan Amount: $400.00
Loan Use: Buying raw materials.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 24, 2008
Date Disbursed: Jun 7, 2008
Date Funded:May 24, 2008
Loan Ended:Jan 17, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.3710 MXN = 1 USD



Victor started a business since he is a baker by trade. The trade was passed down from his father who was also a baker and he has always being in this trade since he finished high school, which was the highest grade of schooling that he achieved. He started his own bakery in 1982 to sustain his family. He started with a drawer oven and slowly he has expanded his business with tables, stands, and displays. Later, he built a dome oven where he actually cooks the bread. Due to his dedication and effort, he has been able to prosper on his business.


He needs a US $400 loan which he will pay back in 6 months to buy raw materials to fulfill various pending orders. With your support, Victor will be able to increase his business



Translated from Spanish by Maria Ramirez-Gregg, Kiva Volunteer



Victor inició el negocio ya que su oficio de panadero, viene de herencia, su padre fue panadero, y el siempre se ha dedicado a ese oficio desde que termino la secundaria, que es la escolaridad que termino.
Inicio su propia panaderia para mantener a su familia en 1982, comenzo con un horno de gabeta, y poco a poco fue ampliado su negocio con mesas, estanteria y exhibidores, despues, construyo un horno de boveda, que es donde actualmente coce el pan. Debido a su dedicacion y esfuerzo ha logrado hacer prosperar su negocio.


Ahora necesita un prestamo por US $400 que pagara en 6 meses para comprar materia prima para la elaboracion de varios pedidos que tiene pendientes. Con tu apoyo Victor seguira haciendo crecer su negocio.


Subscribe

Lenders to this entrepreneur

Dave
Oak Park, IL
United States

Sally
Scarborough, Ontario
Canada

Tom
Granger, IN
United States

Wes and Maggie
Menomonie, WI
United States

lynnshaze
Savannah, GA
United States

Alan
Yuma, AZ
United States

Katie & Anthony
Capitola, CA
United States



Journal entries for Victor Ramos Villa


Loan has been disbursed
 
Entrepreneur: Victor Ramos Villa
Location: Saltillo, Coahuila, Mexico

Thank you for your loan. It has been disbursed to Victor Ramos Villa 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 Saltillo, Coahuila, Mexico
May 26, 2008
Comment on this entry

Kiva Help Repayment Schedule for Victor Ramos Villa

  Expected Repayments Actual Repayments Comments
August 2008 $0.00 $67.00  
September 2008 $66.67 $67.00 Repayment Received
October 2008 $66.67 $67.00 Repayment Received
November 2008 $66.67 $67.00 Repayment Received
December 2008 $66.67 $0.00 Repayment Received
January 2009 $66.67 $65.33 Repayment Received
February 2009 $66.65 $66.67 Repayment Received