Maria Teresa Peña Lopez
Status: Paid Back
| $250.00 | Loan Request | |
|---|---|---|
| $250.00 | Paid Back |
About the Entrepreneur
| Name: | Maria Teresa Peña Lopez |
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| Location: | San Miguel, Guadalupe, Mexico |
| Activity: | Cosmetics Sales |
About the Loan
| Loan Amount: | $250.00 |
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| Loan Use: | To buy merchandise |
| Repayment Term: | 5 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: | Feb 24, 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 |
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| Avg Annual Income: | $11,249.00 |
| Currency: | Mexico Pesos (MXN) |
| Exchange Rate: | 10.9550 MXN = 1 USD |
María Teresa started her business because of the need to help her husband with the household expenses, and she also saw the opportunity to start selling to her workmates. She started working about two years ago and she saw the opportunity to start selling cosmetics to them, so she decided to undertake another activity in addition to her employment that would allow her to earn more money.
She needs a loan of $250 that she will repay in 3 months so she will be able to stock more merchandise, to fill orders and keep her clients happy.
María Teresa inició el negocio por que se vio en la necesidad de apoyar a su esposo con los gastos del hogar además de que vio oportunidad de comenzar a vender con las compañeras de trabajo. Comenzó hace dos años como también a trabajar vio que tenía muchas compañeras de trabajo y vio la oportunidad de comenzar a vender cosmeticos con ellas y entonces se decidió a emprender una actividad adicional a su empleo que le permitiera ganar más dinero.
She needs a loan of $250 that she will repay in 3 months so she will be able to stock more merchandise, to fill orders and keep her clients happy.
Translated from Spanish by Susan Sanford, Kiva Volunteer
María Teresa inició el negocio por que se vio en la necesidad de apoyar a su esposo con los gastos del hogar además de que vio oportunidad de comenzar a vender con las compañeras de trabajo. Comenzó hace dos años como también a trabajar vio que tenía muchas compañeras de trabajo y vio la oportunidad de comenzar a vender cosmeticos con ellas y entonces se decidió a emprender una actividad adicional a su empleo que le permitiera ganar más dinero.
Ella necesita un préstamo pro US $250 que pagara en 3 meses en mucho ya que podrá surtir más mercancías que tiene de pedidos para tener contentos a sus clientes.
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Journal entries for Maria Teresa Peña Lopez
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Loan has been disbursed
Location: San Miguel, Guadalupe, Mexico
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Posted by
Rebeca Casas Abrego from San Miguel, Guadalupe, Mexico
Oct 15, 2008 |
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Comment on this entry
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Repayment Schedule for Maria Teresa Peña Lopez
Repayment Schedule for Maria Teresa Peña Lopez
| Expected Repayments | Actual Repayments | Comments | |||
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| January 2009 | $83.33 | $83.33 |  Repayment Received
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| February 2009 | $83.33 | $83.33 | Repayment Received
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| March 2009 | $83.34 | $83.34 | Repayment Received
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