Eufemia Gonzalez Dominguez


Status: Paid Back

$400.00   Loan Request
$400.00   Paid Back

About the Entrepreneur

Name: Eufemia Gonzalez Dominguez
Location: Monclova,coahuila, Mexico
Activity: Used Clothing

About the Loan

Loan Amount: $400.00
Loan Use: Purchase merchandise.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 17, 2008
Date Disbursed: Jul 3, 2008
Date Funded:Jun 19, 2008
Loan Ended:Feb 21, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.3100 MXN = 1 USD



Eufemia started her business because her husband’s earnings were not enough to cover their living expenses. She worked in a “maquiladora” (factory) but was not earning a full salary, which made it very difficult to financially meet the needs of her three small children. This is how she came to decide to start selling clothing, initially offering her goods to relatives. She now has built a good customer base.



She seeks a loan of $400USD to be repaid over six months. The loan would be used to purchase merchandise so she can, in turn, increase her sales. With your support, she will be able to reach her goal.



Translated from Spanish by Mary Lynn, Kiva Volunteer.



Eufemia empezo su negocio porque no completaba con el dinero que percibia su esposo para solventar los gastos del hogar. Ella trabajaba en una maquiladora, pero no estaba percibiendo su salario completo, por lo que le era muy dificil solventar los gastos de sus 3 pequeños hijos.
Fue asi que decidio vender ropa, empezo ofreciendola a sus familiares, y actualmente tiene una buena cartera de clientes.


Ella necesita un prestamo por US $400 que pagara en 6 meses para comprar mercancia y asi poder incrementar sus ventas. Con tu apoyo podra lograrlo.


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Arvada, CO UCC
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Randy Baca`
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Karen
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Journal entries for Eufemia Gonzalez Dominguez


Loan has been disbursed
 
Entrepreneur: Eufemia Gonzalez Dominguez
Location: Monclova,coahuila, Mexico

Thank you for your loan. It has been disbursed to Eufemia Gonzalez Dominguez 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 Monclova,coahuila, Mexico
Jun 20, 2008
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Kiva Help Repayment Schedule for Eufemia Gonzalez Dominguez

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