Zorica Ristić


Status: Paying Back - Delinquent

$800.00   Loan Amount
66% repaid

About the Entrepreneur

Name: Zorica Ristić
Location: Petrovo, Bosnia and Herzegovina
Activity: Grocery Store

About the Loan

Loan Amount: $800.00
Loan Use: to purchase additional products for her grocery store
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 27, 2008
Date Disbursed: Nov 11, 2008
Date Funded:Oct 28, 2008

About the Country

Country:Bosnia and Herzegovina
Avg Annual Income:$6,600.00
Currency:Bosnia and Herzegovina Convertible Marka (BAM)
Exchange Rate:1.5316 BAM = 1 USD



Zorica was born in 1971 and lives in Karanovac, a village in Bosnia outside of Petrovo. She is married and the mother of two children, ages 4 and 15 months. She owns two stores with her mother, with each of the owning 50%. One of the stores is located across the street from her house, which allows her to both work and spend time with her kids.




Zorica requests a 1,200KM loan from Women for Women International in order to expand the product offering at her stores. She expects that this will increase her client base.




This loan is guaranteed by her friend, Dragana Dragičević. If Zorica is unable to repay her loan, Dragana will cover the repayments.



Zorica's youngest son is pictured. He usually spends his days at the store with his mom. Zorica also has a small garden where she grows vegetables for her family’s consumption.

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Journal entries for Zorica Ristić


Loan has been disbursed
 
Entrepreneur: Zorica Ristić
Location: Petrovo, Bosnia and Herzegovina

Thank you for your loan. It has been disbursed to Zorica Ristić by Zene za Zene, a partner of Women for Women International in Bosnia and Herzegovina. We are excited to watch this business grow. Over the next 12 months, Zene za Zene, a partner of Women for Women International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Nela Sinanovic from Petrovo, Bosnia and Herzegovina
Oct 29, 2008
Comment on this entry

journal
 
Entrepreneur: Zorica Ristić
Location: Petrovo, Bosnia and Herzegovina

We visited Zorica at her shop and as we could see her business has slightly dropped. She says that the main problem is a big number of shopping centers which opened recently. But she is trying hard to beat the competition with new and creative ideas. With the money she loaned trough WWI she bought what she planed and she has expanded offer of products in her grocery store. Her family is ok , we noticed the little boy, her son which was there the last time is out side playing with his friends. She is paying her monthly rates regularly and is very thankful to all Kiva lenders!!!!


Posted by Nela Sinanovic from Petrovo, Bosnia and Herzegovina
Apr 29, 2009
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Kiva Help Repayment Schedule for Zorica Ristić

  Expected Repayments Actual Repayments Comments
February 2009 $66.67 $66.67 Repayment Received
March 2009 $66.67 $66.67 Repayment Received
April 2009 $66.67 $66.67 Repayment Received
May 2009 $66.67 $66.67 Repayment Received
June 2009 $66.67 $66.66 Repayment Received
July 2009 $66.67 $66.67 Repayment Received
August 2009 $66.67 $66.67 Repayment Received
September 2009 $66.67 $66.68 Repayment Received
October 2009 $66.67 $0.00 Delinquent
November 2009 $66.67 $0.00 Delinquent
December 2009 $66.67 Available Dec 1  
January 2010 $66.63 Available Jan 1