Alma Gloria Davalos Torres


Status: Paid Back

$925.00   Loan Request
$925.00   Paid Back

About the Entrepreneur

Name: Alma Gloria Davalos Torres
Location: Villa De García, N.l., Mexico
Activity: Used Clothing

About the Loan

Loan Amount: $925.00
Loan Use: To purchase merchandise.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 3, 2008
Date Disbursed: Oct 17, 2008
Date Funded:Oct 3, 2008
Loan Ended:Jun 2, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.9550 MXN = 1 USD



Alma started her business out of necessity and to help her mother afflicted with an illness that doesn't permit her to freely move. This is why she started selling clothing. She started selling clothes from her home and slowly but surely she started selling in the markets around the area and this is how she managed to support her family.



She requires a loan in the amount of $925, which will be repaid in 6 months. With these funds she wants to restock her merchandise with seasonal clothing.




Translated from Spanish by Erika Lindig, Kiva Volunteer


Alma inició el negocio por la necesidad de salir adelante y ayudar a su mamá ya que tiene una enfermedad que no la deja moverse y es por eso que ella vende ropa. Comenzó vendiendo ropa en su casa y poco a poco se fue metiendo a los mercados rodantes y es así como a podido mantener a su familia.


Ella necesita un préstamo por US $925 que pagara en 6 meses resurtir mercancía de temporada.


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Journal entries for Alma Gloria Davalos Torres


Loan has been disbursed
 
Entrepreneur: Alma Gloria Davalos Torres
Location: Villa De García, N.l., Mexico

Thank you for your loan. It has been disbursed to Alma Gloria Davalos Torres 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 Villa De García, N.l., Mexico
Oct 4, 2008
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Kiva Help Repayment Schedule for Alma Gloria Davalos Torres

  Expected Repayments Actual Repayments Comments
January 2009 $154.17 $154.17 Repayment Received
February 2009 $154.17 $154.17 Repayment Received
March 2009 $154.17 $154.17 Repayment Received
April 2009 $154.17 $154.17 Repayment Received
May 2009 $154.17 $154.17 Repayment Received
June 2009 $154.15 $154.15 Repayment Received