Nora Hilaria Saucedo Vallejo


Status: Paid Back

$1,125.00   Loan Request
$1,125.00   Paid Back

About the Entrepreneur

Name: Nora Hilaria Saucedo Vallejo
Location: Santa Catarina, Nuevo Leon, Mexico
Activity: Clothing Sales

About the Loan

Loan Amount: $1,125.00
Loan Use: To buy merchandise
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 10, 2008
Date Disbursed: Oct 24, 2008
Date Funded:Oct 10, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.7399 MXN = 1 USD



Nora is the coordinator of this group. She began her clothing sales business in order to help her husband with the household costs. She started the business 5 years ago by selling in front of her house; she now sells in the markets near her house.

Blanca began her business in order to help her husband give their daughters a better quality of life and make sure that they did not lack anything. A little more than 1 year ago, she began selling snack foods such as soft drinks and fried and sweet foods. She currently has her business stocked with more grocery items because she wants to have her store better established in the future.

Nely began her business because she needed a job that would allow her to take care of her children and at the same time earn her an extra income. She began this business 2 years ago by selling for another person. However, little by little she got her own clients, which caused her to decide to sell independently, thereby earning her a better income.

They constitute the group “Kilimanjaro” and they need $1125.00, which they will pay back in 5 months, to buy merchandise for their businesses and therefore to be able to maintain them. They trust that with your help, this will be possible.

Translated from Spanish by Jennifer Day, Kiva Volunteer


Nora es la coordinadora de este grupo, ella inicio su negocio de venta de ropa para poder ayudar a su esposo con los gastos de la casa comenzó con este negocio hace 5 años vendiendo enfrente de su casa y actualmente vende en mercados rodantes cercanos a su casa.


Blanca inicio su negocio para poder ayudar a su esposo a darles una mejor calidad de vida a sus hijas y que no les faltara nada. Inicio hace poco mas de 1 años comenzó como snack vendiendo refrescos, frituras y dulces, actualmente surtió su negocio con más cosas de abarrotes, ya que desea tener su tienda mejor establecida en un futuro.


Nely inicio con su negocio ya que necesitaba una actividad que le permitiera atender a sus hijos y a la vez poder obtener un ingreso extra. Comenzó con este negocio hace 2 años vendiendo para otra persona, pero poco a poco hizo sus clientes por lo que decidió vender independientemente y asi obtener mejores ganancias.


Ellas forman el grupo Kilimanjaro y necesitan $1125 que pagaran en 5 meses para poder comprar mercancía para sus negocios y poder así mantenerlos. Ellas confían que con tu apoyo esto será posible.


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Journal entries for Nora Hilaria Saucedo Vallejo


Loan has been disbursed
 
Entrepreneur: Nora Hilaria Saucedo Vallejo
Location: Santa Catarina, Nuevo Leon, Mexico

Thank you for your loan. It has been disbursed to Nora Hilaria Saucedo Vallejo by Admic Nacional in Mexico. We are excited to watch this business grow. Over the next 5 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
Oct 15, 2008
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Kiva Help Repayment Schedule for Nora Hilaria Saucedo Vallejo

  Expected Repayments Actual Repayments Comments
January 2009 $225.00 $225.00 Repayment Received
February 2009 $225.00 $225.00 Repayment Received
March 2009 $225.00 $225.00 Repayment Received
April 2009 $225.00 $225.00 Repayment Received
May 2009 $225.00 $225.00 Repayment Received