Rodolfo Morales Ramírez


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Rodolfo Morales Ramírez
Location: Nuevo Laredo, Mexico
Activity: General Store

About the Loan

Loan Amount: $500.00
Loan Use: Buy materials for a wood roof.
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 18, 2008
Date Disbursed: Aug 2, 2008
Date Funded:Jul 19, 2008
Loan Ended:May 15, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.2350 MXN = 1 USD



Mr. Morales is asking for a second loan from Kiva. His first loan was used to buy merchandise for his grocery store. He has repaid his first loan.

His business doesn’t have a permanent roof, the current roof is plastic. He wants to buy materials to put a wood roof on his store and be able to protect his merchandise.

He is asking for a loan of $500 dollars.

Translated from Spanish by Cindy Kendall, Kiva Volunteer



El Sr. Morales esta pidiendo su segundo crédito con Kiva. Su primero crédito se utilizó para comprar mercancía para su tienda de abarrotes. El ya termino de pagar su primer crédito.



El negocio no cuenta con un techo fijo el que tiene es de plástico. En este nuevo crédito el quiere comprar el material para poner el techo de madera en el negocio y tener más protegida la mercancía.


El solicita un préstamo de $500.00 dolares.


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Journal entries for Rodolfo Morales Ramírez


Loan has been disbursed
 
Entrepreneur: Rodolfo Morales Ramírez
Location: Nuevo Laredo, Mexico

Thank you for your loan. It has been disbursed to Rodolfo Morales Ramírez by Fundación para la Vivienda Progresiva (FVP), a partner of CHF International in Mexico. We are excited to watch this business grow. Over the next 8 months, Fundación para la Vivienda Progresiva (FVP), a partner of CHF International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Nuevo Laredo, Mexico
Aug 2, 2008
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Kiva Help Repayment Schedule for Rodolfo Morales Ramírez

  Expected Repayments Actual Repayments Comments
November 2008 $62.50 $63.00 Repayment Received
December 2008 $62.50 $63.00 Repayment Received
January 2009 $62.50 $61.50 Repayment Received
February 2009 $62.50 $62.50 Repayment Received
March 2009 $62.50 $62.50 Repayment Received
April 2009 $62.50 $62.50 Repayment Received
May 2009 $62.50 $62.50 Repayment Received
June 2009 $62.50 $62.50 Repayment Received