Maria Guadalupe Villarreal Nieto


Status: Paid Back

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

About the Entrepreneur

Name: Maria Guadalupe Villarreal Nieto
Location: Tampico, Tamaulipas, Mexico
Activity: Cosmetics Sales

About the Loan

Loan Amount: $1,000.00
Loan Use: Buy merchandise
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 27, 2008
Date Disbursed: Sep 12, 2008
Date Funded:Aug 29, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.1449 MXN = 1 USD



Maria Guadalupe started the business because her husband works under contracts and sometimes he could be without work for several months and the expenses of the house couldn’t wait. She began in May 2005, but before this date she was already selling clothes and ceramics. A friend invited her to sell the cosmetics of the brand that she sells at present. Her friend told her that these products have a good profit. It’s then when she decided to do a demonstration at her house, she gathered her neighbors and she managed to have good sale that day and since then she has been doing well and now her goal is to become a coordinator of a group of salespeople.
She is requesting a loan of $1000 that she will repay over a period of 6 months. She will supply all the orders that she has and keep her clientele happy by delivering the products in time and this way have a bigger profit.

Translated from Spanish by Ana Gabriela Clark, Kiva volunteer.



Maria Guadalupe inició el negocio porqué su esposo trabaja por contratos y a veces se quedaba sin trabajo por varios meses y los gastos de la casa no podían esperar. Comenzó en Mayo de 2005, pero antes de esa fecha ya se dedicaba a la venta de ropa y cerámica, cuando una amiga la invitó a vender los cosméticos de la marca que actualmente vende, diciéndole que dichos productos dejaban una buena ganancia, fue así como se decidío a hacer una demostración en su casa, junté a sus vecinas y logró hacer una buena venta esa día y desde entonces le ha ido muy bien y ahora su meta es llegar a ser coordinadora de un grupo de vendedoras.
Ella necesita un prestamo por US $1000 que pagara en 6 meses para poder surtir todos los pedidos que tiene y tener satisfechas a sus clientas entregándoles oportunamente sus encargos y de esta manera tener mayores ganancias.


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Journal entries for Maria Guadalupe Villarreal Nieto


Loan has been disbursed
 
Entrepreneur: Maria Guadalupe Villarreal Nieto
Location: Tampico, Tamaulipas, Mexico

Thank you for your loan. It has been disbursed to Maria Guadalupe Villarreal Nieto 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 Tampico, Tamaulipas, Mexico
Sep 2, 2008
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Kiva Help Repayment Schedule for Maria Guadalupe Villarreal Nieto

  Expected Repayments Actual Repayments Comments
December 2008 $166.67 $167.00 Repayment Received
January 2009 $166.67 $166.33 Repayment Received
February 2009 $166.67 $166.67 Repayment Received
March 2009 $166.67 $166.67 Repayment Received
April 2009 $166.67 $166.67 Repayment Received
May 2009 $166.65 $166.66 Repayment Received