Maria Cecilia Ramirez Gonzalez


Status: Paid Back

$1,025.00   Loan Request
$1,025.00   Paid Back

About the Entrepreneur

Name: Maria Cecilia Ramirez Gonzalez
Location: Santa Catarina, Nuevo Leon, Mexico
Activity: Clothing

About the Loan

Loan Amount: $1,025.00
Loan Use: Purchase merchandise.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 7, 2008
Date Disbursed: Aug 21, 2008
Date Funded:Aug 7, 2008
Loan Ended:Mar 16, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:9.9512 MXN = 1 USD



Cecilia started her business to help her husband with the household expenses and for the educations of their children. Together with her husband, she needed additional income to help the family get ahead and to provide a better way of life for them. She started approximately six years ago selling bedspreads and comforters, but soon thereafter dediced to invest in purchasing and renting out traditional regional costumes and clothing that were requested by the school near her home. She has carried out this activity since then.



She needs a loan of $1,025 USD, to be repaid over a period of six months. This loan would be a great help to her given that she has a lot of demand for her merchandise and she needs to invest in more items to continue growing her business.



Translated from Spanish by Mary Lynn, Kiva Volunteer.



Cecilia inició el negocio porque necesitaba ayudar a su esposo con los gastos de la casa y para los estudios de sus hijos. En aquel entonces necesitaba dinero para sacar adelante a su familia junto a su esposo y así darles una mejor calidad de vida. Comenzó hace aproximadamente 6 años vendiendo colchas y edredones, pero al poco tiempo decidió invertir en la venta y renta de disfraces y vestuarios regionales que le fueron solicitados en la escuela cercana a su domicilio y desde entonces siguió con esta actividad.


Ella necesita un préstamo por US $1025 que pagara en 6 meses. Este crédito le será de gran apoyo ya que tiene mucha demanda y actualmente necesita invertir en más mercancía para seguir creciendo en su negocio.


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Journal entries for Maria Cecilia Ramirez Gonzalez


Loan has been disbursed
 
Entrepreneur: Maria Cecilia Ramirez Gonzalez
Location: Santa Catarina, Nuevo Leon, Mexico

Thank you for your loan. It has been disbursed to Maria Cecilia Ramirez Gonzalez 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 Rebeca Casas Abrego from Santa Catarina, Nuevo Leon, Mexico
Aug 8, 2008
Comments (1)

Kiva Help Repayment Schedule for Maria Cecilia Ramirez Gonzalez

  Expected Repayments Actual Repayments Comments
November 2008 $170.83 $171.00 Repayment Received
December 2008 $170.83 $171.00 Repayment Received
January 2009 $170.83 $170.50 Repayment Received
February 2009 $170.83 $170.83 Repayment Received
March 2009 $170.83 $170.83 Repayment Received
April 2009 $170.85 $170.84 Repayment Received