Irna Kadić


Status: Paying Back - Delinquent

$825.00   Loan Amount
91% repaid

About the Entrepreneur

Name: Irna Kadić
Location: Kolesija, Bosnia and Herzegovina
Activity: Cosmetics Sales

About the Loan

Loan Amount: $825.00
Loan Use: To start a cosmetic sales business.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 31, 2008
Date Disbursed: Aug 15, 2008
Date Funded:Aug 1, 2008

About the Country

Country:Bosnia and Herzegovina
Avg Annual Income:$6,600.00
Currency:Bosnia and Herzegovina Convertible Marka (BAM)
Exchange Rate:1.2463 BAM = 1 USD



Irna is a 24 year old woman from the village Tojsici, near the town Kolesija. She is married with one 2 year old child. Her husband works, but his income is less than $400 USD a month, and this is not enough to meet their monthly living expenses. As such, Irna has decided to start her own business selling cosmetics through Avon.



She will use this loan to buy a good selection of makeup, lotions, face creams, and other products to sell around town. Initially, Irna will save part of her loan to make sure that if these sales don’t work out she can invest the money in something else more profitable. If sales do well in the next few months, Irna will invest the remainder of the loan in buying more cosmetics to sell.


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Journal entries for Irna Kadić


Loan has been disbursed
 
Entrepreneur: Irna Kadić
Location: Kolesija, Bosnia and Herzegovina

Thank you for your loan. It has been disbursed to Irna Kadić by Zene za Zene, a partner of Women for Women International in Bosnia and Herzegovina. We are excited to watch this business grow. Over the next 12 months, Zene za Zene, a partner of Women for Women International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Bonesa Bosankic from Kolesija, Bosnia and Herzegovina
Aug 13, 2008
Comments (1)

Kiva Help Repayment Schedule for Irna Kadić

  Expected Repayments Actual Repayments Comments
November 2008 $68.75 $69.00 Repayment Received
December 2008 $68.75 $69.00 Repayment Received
January 2009 $68.75 $68.24 Repayment Received
February 2009 $68.75 $68.75 Repayment Received
March 2009 $68.75 $68.75 Repayment Received
April 2009 $68.75 $68.75 Repayment Received
May 2009 $68.75 $68.75 Repayment Received
June 2009 $68.75 $68.74 Repayment Received
July 2009 $68.75 $68.75 Repayment Received
August 2009 $68.75 $68.75 Repayment Received
September 2009 $68.75 $68.77 Repayment Received
October 2009 $68.75 $0.00 Delinquent