Hortencia Arellano Uresti

Status: Paid Back

$1,200.00		Loan Request
$1,200.00		Paid Back

About the Entrepreneur

Name:	Hortencia Arellano Uresti
Location:	Nuevo Laredo, Mexico
Activity:	Services

About the Loan

Loan Amount:	$1,200.00
Loan Use:	Purchase of Computers
Repayment Term:	14 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Sep 25, 2008
Date Disbursed:	Oct 9, 2008
Date Funded:	Sep 25, 2008
Loan Ended:	Nov 15, 2009

About the Field Partner

Field Partner:

Fundación para la Vivienda Progresiva (FVP), a partner of CHF International

Field Partner Risk Rating:

(Learn more)

Active

37 months

1696

$1,231,625

3.04%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Mexico
Avg Annual Income:	$11,249.00
Currency:	Mexico Pesos (MXN)
Exchange Rate:	10.5590 MXN = 1 USD

Ms. Hortencia has been selling school supplies for over three years. This business is the only source of income for her family since she is a single mother. Ms. Hortencia wants to invest in the purchase of computers so she can rent them to students, because there is no one in their district who can help them with their schoolwork. Ms. Hortencia has already been given a loan from the Foundation for Progressive Living to supply her business with merchandise. She is now asking for a loan from Kiva for the purchase the computers, which will provide her with more income for her business and her family. Ms. Hortencia is asking for a loan of $1200 to purchase the computers and invest in her business because at the moment she does not have enough funds to do so.

Translated from Spanish by PULP Translators, Kiva Volunteer

La Sra. Hortencia tiene ya mas de 3 años con su negocio de ventas de artículos escolares esté negocio es la fuente de ingreso de su familia ya que es madre soltera.

La Sra. Hortencia quiere invertir en su negocio en comprar computadoras para rentarlas a los estudiantes ya que en su colonia no hay quien les pueda ayudar con los trabajos que les encargan en la escuela.

Hortencia a tenido ya crédito en fvp su primer crédito que solicito fue para surtir su negocio de mercancía ahora está solicitándole a Kiva un préstamo para la compra de computadoras y así ella tendrá mas ingreso a su negocio y a su familia.

La Sra. Hortencia solicita un préstamo de $1,200.00 para comprar computadoras e invertir a su negocio ya que por el momento no cuenta con suficiente capita.

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Journal entries for Hortencia Arellano Uresti

Loan has been disbursed Entrepreneur: Hortencia Arellano Uresti Location: Nuevo Laredo, Mexico Thank you for your loan. It has been disbursed to Hortencia Arellano Uresti 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 12 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 Oct 9, 2008
Comment on this entry

Hortencia Arellano Uresti Entrepreneur: Hortencia Arellano Uresti Location: Nuevo Laredo, Mexico Hortencia Arellano Uresti received a Kiva loan earlier this year which is currently being paid back. The loan has helped to strengthen this business located in the Buenos Aires neighborhood of Nuevo Laredo, Mexico. The owner of the business, “Angel” sends her thanks to Kiva lenders for supporting the growth of her business. Con el apoyo recibido por ustedes, la Sra. Arellano logró su objetivo en menos de mes y medio, adquirió varias computadoras y destinó un nuevo espacio para la renta de las mismas. Con la antigüedad que ha adquirido con la papelería, no tuvo problema para ofrecer este servicio a su clientela y su aceptación es muy favorecida. Me permito informarles que gracias a este nuevo concepto, Hortencia tiene otra entrada de ingresos extras, haciendo efecto directamente en su familia.
Posted by Israel Cantú from Nuevo Laredo, Mexico Jan 29, 2009
Comment on this entry

Repayment Schedule for Hortencia Arellano Uresti

Show Advanced

	Expected Repayments	Actual Repayments	Comments
January 2009	$100.00	$100.00	Repayment Received
February 2009	$100.00	$100.00	Repayment Received
March 2009	$100.00	$100.00	Repayment Received
April 2009	$100.00	$100.00	Repayment Received
May 2009	$100.00	$100.00	Repayment Received
June 2009	$100.00	$100.00	Repayment Received
July 2009	$100.00	$100.00	Repayment Received
August 2009	$100.00	$100.00	Repayment Received
September 2009	$100.00	$100.00	Repayment Received
October 2009	$100.00	$100.00	Repayment Received
November 2009	$100.00	$100.00	Repayment Received
December 2009	$100.00	$100.00	Repayment Received