Maria Del Carmen Vazquez Amador


Status: Paid Back

$950.00   Loan Request
$950.00   Paid Back

About the Entrepreneur

Name: Maria Del Carmen Vazquez Amador
Location: Reynosa, Tamaulipas, Mexico
Activity: Retail

About the Loan

Loan Amount: $950.00
Loan Use: get merchandise
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 23, 2008
Date Disbursed: Oct 7, 2008
Date Funded:Sep 23, 2008
Loan Ended:May 15, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.5954 MXN = 1 USD



After María del Carmen had worked for a long time in a factory, she decided to start her own business. She needed to be able to pay for her household expenses, and the upbringing of her little kids. And she had another reason to start her own business, she wanted to spend more time with her kids. So, María del Carmen opened her candy store. Little by little she added more merchandise, different kinds of candies, and today she has a better income and a lot of customers.


María del Carmen needs a loan of US $950 that she'll repay in 6 months.This would be used to buy merchandise and to expand her store a little more. She is confident she would get it with Kiva's support.

Translated from Spanish by Marco Ramón, Kiva Volunteer


María del Carmen después de haber trabajado por mucho tiempo en una fábrica la señora Maria del Carmen decidió emprender su propio negocio, para solventar los gastos económicos de su hogar y sacar adelante a sus pequeños hijos, además por que casi no convivía mucho con sus hijos, por eso decidió poner su propio negocio.
Poco a poco fue surtiendo de todo un poco en su dulcería, hasta hoy en día le ha ido muy bien tiene buenas ganancias, y muchos clientes.


Ella necesita un préstamo por US $950 que pagara en 6 meses para comprar mercancía y agrandar el local, ella confía que con el apoyo de Kiva lo obtendrá.


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Journal entries for Maria Del Carmen Vazquez Amador


Loan has been disbursed
 
Entrepreneur: Maria Del Carmen Vazquez Amador
Location: Reynosa, Tamaulipas, Mexico

Thank you for your loan. It has been disbursed to Maria Del Carmen Vazquez Amador 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 Reynosa, Tamaulipas, Mexico
Sep 27, 2008
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Kiva Help Repayment Schedule for Maria Del Carmen Vazquez Amador

  Expected Repayments Actual Repayments Comments
January 2009 $158.33 $158.33 Repayment Received
February 2009 $158.33 $158.33 Repayment Received
March 2009 $158.33 $158.33 Repayment Received
April 2009 $158.33 $158.33 Repayment Received
May 2009 $158.33 $158.33 Repayment Received
June 2009 $158.35 $158.35 Repayment Received