Blanca Lili Osorio Urgell


Status: Paid Back

$475.00   Loan Request
$475.00   Paid Back

About the Entrepreneur

Name: Blanca Lili Osorio Urgell
Location: Tampico, Tamaulipas, Mexico
Activity: Used Clothing

About the Loan

Loan Amount: $475.00
Loan Use: Buy used clothing
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 7, 2008
Date Disbursed: Oct 21, 2008
Date Funded:Oct 7, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.9397 MXN = 1 USD



Blanca began her business to help her husband, as from time to time she has difficult moments because her 3 children study and the oldest will soon begin studying at the university and she wants to support him. She began her business in November 2006 selling household products through a friend’s invitation to a demonstration. But in May 2007 another friend invited her to sell used clothing as there are greater profits in this work. With her previous KIVA loan she was able to invest in merchandise which helped her increase her sales and at the same time her earning. Thanks to that loan she was able to be successful and provide an education to her children.

She needs a loan of US $475, which will be repaid in 5 months, in order to buy seasonal used clothing now that fall is approaching and people are starting to buy clothing for the cold season, which will permit her to have a better stock for her customers.

Translated from Spanish by Cindy Kendall, Kiva Volunteer


Blanca inició el negocio para ayudar a su esposo, ya que en ocasiones tiene épocas muy difíciles porque sus 3 hijos estudian y el más grande dentro de poco va a comenzar una carrera universitaria y quiere apoyarlo. Comenzó en Noviembre de 2006 a vender productos para el hogar por invitación de una amiga a una demostración, pero en Mayo de 2007 por invitación de otra amiga comenzó con la venta de ropa usada ya que en esta actividad obtiene mejores ganancias. En su crédito anterior con KIVA pudo invertir en mercancía lo cual le ayudo a mejorar sus ventas y al mismo tiempo sus ganancias y gracias a ello ha podido salir adelante con los estudios de sus hijos.


Ella necesita un préstamo por US $475 que pagara en 5 meses para poder comprar ropa usada de temporada ahora que se acerca el otoño y la gente empieza a comprar ropa para la temporada de frío lo cual le permitirá tener mejor surtido para mis clientes.


Subscribe

Lenders to this entrepreneur

Chris
Winter Park (Orlando), FL
United States

Jim&Conchita Burmeister
Carlsbad, Ca
United States

Jonathan
Jacksonville, FL
United States

Greg Yanagihara
Long Beach, CA
United States

Gregory
Brentwood, NY
United States

M+M
Montgomery, AL
United States

One Horizon Foundation
Lexington, KY
United States

Douglas
Puerto Vallarta, Jalisco
Mexico

Angelique
Saint Louis, MO
United States

Peter & Cindy
San Jose, CA
United States

Anonymous

Canada

Vic
Chico, CA
United States

Ugur
San Antonio, TX
United States

Jeff R.
Chicago, IL
United States

Wendy
Las Vegas, NV
United States

Helene
New York, NY
United States

Rene
San Antonio, TX
United States

Jim
El Dorado Hills, CA
United States



Top Lending Teams for this entrepreneur


Para México
Common Interest
196 Members

Kiva Christians
Friends
3100 Members

Humanist
Common Interest
129 Members

Taiwan Gives
Local Area
217 Members

Journal entries for Blanca Lili Osorio Urgell


Loan has been disbursed
 
Entrepreneur: Blanca Lili Osorio Urgell
Location: Tampico, Tamaulipas, Mexico

Thank you for your loan. It has been disbursed to Blanca Lili Osorio Urgell 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 Tampico, Tamaulipas, Mexico
Oct 8, 2008
Comment on this entry

Kiva Help Repayment Schedule for Blanca Lili Osorio Urgell

  Expected Repayments Actual Repayments Comments
January 2009 $95.00 $95.00 Repayment Received
February 2009 $95.00 $95.00 Repayment Received
March 2009 $95.00 $95.00 Repayment Received
April 2009 $95.00 $95.00 Repayment Received
May 2009 $95.00 $95.00 Repayment Received