Raquel Zuñiga Martinez
Status: Paid Back
| $475.00 | Loan Request | |
|---|---|---|
| $475.00 | Paid Back |
About the Entrepreneur
| Name: | Raquel Zuñiga Martinez |
|---|---|
| Location: | Pedro Escobedo, Querétaro, Mexico |
| Activity: | General Store |
About the Loan
| Loan Amount: | $475.00 |
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| Loan Use: | To buy merchandise |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Oct 5, 2008 |
| Date Disbursed: | Oct 19, 2008 |
| Date Funded: | Oct 5, 2008 |
| Loan Ended: | Jun 3, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Admic Nacional |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Paused |
| Time On Kiva: | 38 months |
| Kiva Entrepreneurs: | 3374 |
| Total Loans: | $1,683,000 |
| Delinquency Rate: | 38.38% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Mexico |
|---|---|
| Avg Annual Income: | $11,249.00 |
| Currency: | Mexico Pesos (MXN) |
| Exchange Rate: | 10.7954 MXN = 1 USD |
Raquel started her business because she needed income to support herself and her parents.
She started 2 years ago when she rented a space where she set up a small table to sell fruits and juices, but noticing people requested groceries she requested a micro credit and her business grew.
She needs a loan for $475 to pay in 6 months to buy products and increase her stock.
Raquel inició el negocio porque requería de ingresos para mantenerse ella y sus padres. Comenzó hace 2 años cuando rento un local, en el cual puso un pequeño estanquillo para vender frituras y refrescos, pero viendo que la gente le solicitaba víveres se decidió a solicitar un micro crédito y con estos hizo crecer y ha mantenido surtida su tienda.
She started 2 years ago when she rented a space where she set up a small table to sell fruits and juices, but noticing people requested groceries she requested a micro credit and her business grew.
She needs a loan for $475 to pay in 6 months to buy products and increase her stock.
Translated from Spanish by Nina Delgado, Kiva Volunteer
Raquel inició el negocio porque requería de ingresos para mantenerse ella y sus padres. Comenzó hace 2 años cuando rento un local, en el cual puso un pequeño estanquillo para vender frituras y refrescos, pero viendo que la gente le solicitaba víveres se decidió a solicitar un micro crédito y con estos hizo crecer y ha mantenido surtida su tienda.
Ella necesita un préstamo por US $475 que pagara en 6 meses para comprar mercancía y así resurtir su tienda.
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Journal entries for Raquel Zuñiga Martinez
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Loan has been disbursed
Location: Pedro Escobedo, Querétaro, Mexico
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Posted by
Rebeca Casas Abrego from Pedro Escobedo, Querétaro, Mexico
Oct 8, 2008 |
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Comment on this entry
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Repayment Schedule for Raquel Zuñiga Martinez
Repayment Schedule for Raquel Zuñiga Martinez
| Expected Repayments | Actual Repayments | Comments | |||
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| January 2009 | $79.17 | $79.17 |  Repayment Received
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| February 2009 | $79.17 | $79.17 | Repayment Received
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| March 2009 | $79.17 | $79.17 | Repayment Received
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| April 2009 | $79.17 | $79.17 | Repayment Received
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| May 2009 | $79.17 | $79.17 | Repayment Received
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| June 2009 | $79.15 | $79.15 | Repayment Received
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