Maritza Quinonez


Status: Paid Back

$250.00   Loan Request
$250.00   Paid Back

About the Entrepreneur

Name: Maritza Quinonez
Location: Guayaquil, Ecuador
Activity: Shoe Sales

About the Loan

Loan Amount: $250.00
Loan Use: Invest in the materials necessary to make sandals and also build a workshop for production
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Mar 22, 2007
Date Disbursed: Apr 5, 2007
Date Funded:Mar 22, 2007
Loan Ended:Sep 27, 2007

About the Country

Country:Ecuador
Avg Annual Income:$4,776.00
Currency:United States Dollars (USD)



Maritza is in the beginning phases of starting her
micro-enterprise. She learned the basics of how to make sandals some
time ago, but due to the lack of capital she has not been able to
establish the activity as a stable source of income. About a month
ago, she decided to attend the sandal-making courses offered at our
offices in order to improve her skills and possibly progress toward a
loan.


She makes the sandals in a small part of her home, but she is
hoping that a loan will help her set up a workshop where she can be
more productive. She also hopes she can invest in materials such as
leather straps, soles, glue and other items necessary for the process.


Maritza is a mother of two children. Her daughter is 17 and
often helps her in the sandal-making process. Her son is 15 and is
still attending high school. The father of her children passed away
about 11 years ago. Maritza has been able to support her family with
jobs as a domestic worker, but she was not satisfied with the wages
and the time she had to spend away from her children. She is now in a
new relationship with someone who is very supportive of her idea to
start a new business. She is very optimistic about the future thanks
to the loan and the sandal-making opportunity.

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Lenders to this entrepreneur

Ann
Seattle, WA
United States

Ashley

United States

Kay
Columbia, MD KivaFriends.org
United States

Small Potatoes
KivaFriends.org, West Chicago, IL
United States

Erick
Boston, MA
United States

rob
Brisbane, Wales
Australia

Moose Aviation
Williams, OR
United States



Journal entries for Maritza Quinonez


Agradecimientos a Kiva
 
Entrepreneur: Maritza Quinonez
Location: Guayaquil, Ecuador

Maritza Quiñones agradece a la comunidad Kiva internacional por la ayuda dada en la generación de su micro-empresa. Ella es una alumna de los Centros de Formacion Microempresarial y cumpliendo con el programa mPower que brinda cursos a favor de la comunidad pobre del Ecuador. Mifex califico a Matitza como una emprendedora del programa. Ella sigue estudiando en el programa en el ultimo modulo. Razón por la cual se de dio un crédito financiado por la comunidad solidaria Kiva. Ella del manda saludos y agradecimientos a todos los que de alguna manera ayudaron a hacer realidad sus sueños de tener financiamiento para su negocio. Sus aspiraciones es tener su propio local para vender sus productos y brindar a su familia seguridad financiera en alimentacion y salud. También brindar una mejor educacion a sus hijos.

www.mifex.org


Posted by Luis Crespo from Guayaquil, Ecuador
Mar 22, 2007
Comments (2)

Maritza´s Progress
 
Entrepreneur: Maritza Quinonez
Location: Guayaquil, Ecuador

Maritza is making significant progress thanks to the loan that she received from Kiva and Mifex. She has built a small workshop just outside of her home where she, her children and a few other family members make sandals. She has also started the process of making her cement house, but she only has the pillars and foundation put in. With the profits from her sandal making she hopes she will be able to finish building her new home.

She has been punctual in making her monthly payments despite her and her children falling ill several weeks ago, but with the help of her husband and previous profits she has not fallen behind.


Posted by Robert Edgar from Guayaquil, Ecuador
Jun 17, 2007
Comments (3)

Impressive Improvement
 
Entrepreneur: Maritza Quinonez
Location: Guayaquil, Ecuador

Maritza was able to make significant strides thanks to the loan that she received from Mifex. Her sandal business is thriving and her workshop is becoming a reality. Her brother has helped her in the construction of her new store and she is more optimistic than ever about her business. Her children have also seen a difference and are very motivated by the fact their mother is getting ahead. Maritza also received a visit from one of her Kiva lenders. The meeting between Anne and Maritza was a great way to end her first loan with Mifex.


Posted by Robert Edgar from Guayaquil, Ecuador
Sep 27, 2007
Comments (1)

Kiva Help Repayment Schedule for Maritza Quinonez

  Expected Repayments Actual Repayments Comments
July 2007 $41.67 $0.00 Repayment Received
August 2007 $41.67 $84.00 Repayment Received
September 2007 $41.67 $0.00 Repayment Received
October 2007 $41.67 $0.00 Repayment Received
November 2007 $41.67 $166.00 Repayment Received
December 2007 $41.65 $0.00 Repayment Received