Jesus Francisco Esparza Yañez


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Jesus Francisco Esparza Yañez
Location: Hermosillo, Sonora, Mexico
Activity: Food Production/Sales

About the Loan

Loan Amount: $1,000.00
Loan Use: To build a cart with a trailer for his food business.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 28, 2008
Date Disbursed: Aug 12, 2008
Date Funded:Jul 29, 2008
Loan Ended:Mar 15, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.1237 MXN = 1 USD



Jesús began the business to be able to tend to the sickness of his wife. The medicines are too expensive and, with only one income, he could not afford them. In addition to selling hot dogs, he sells pastries in his house. He began 5 years ago renting a cart from a friend but in time he decided to buy it and in this way be the boss of his own business to help his wife and support their children.

He needs a loan of $1,000, which will be repaid in 6 months, to put together the cart and complete a trailer to haul it.

Translated from Spanish by B, Kiva Volunteer.



Jesús emprendió el negocio para poder atender la enfermedad de su esposa, los medicamentos son demasiados caros y con un solo sueldo no alcanzaba a solventarlos, además de vender hot dogs, vende tortas en su casa, empezó hace 5 años rentando una carreta a un amigo pero ya con el tiempo decidió comprársela y así ser dueño de su propio negocio para ayudar a su esposa y sacar adelante a sus hijos.


El necesita un préstamo por US $1,000 que pagara en 6 meses para componer la carreta y completar el total de una batanga para jalarla.


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Good Dogg
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Heather
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Karen
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Chester
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Christine
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Journal entries for Jesus Francisco Esparza Yañez


Loan has been disbursed
 
Entrepreneur: Jesus Francisco Esparza Yañez
Location: Hermosillo, Sonora, Mexico

Thank you for your loan. It has been disbursed to Jesus Francisco Esparza Yañez 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 Hermosillo, Sonora, Mexico
Jul 30, 2008
Comments (1)

Kiva Help Repayment Schedule for Jesus Francisco Esparza Yañez

  Expected Repayments Actual Repayments Comments
October 2008 $0.00 $167.00  
November 2008 $166.67 $167.00 Repayment Received
December 2008 $166.67 $0.00 Repayment Received
January 2009 $166.67 $166.00 Repayment Received
February 2009 $166.67 $166.67 Repayment Received
March 2009 $166.67 $166.67 Repayment Received
April 2009 $166.65 $166.66 Repayment Received