María De La Luz Ramírez Sáenz


Status: Paid Back

$925.00   Loan Request
$925.00   Paid Back

About the Entrepreneur

Name: María De La Luz Ramírez Sáenz
Location: San Juanito, Chihuahua, Mexico
Activity: Party Supplies

About the Loan

Loan Amount: $925.00
Loan Use: To buy merchandise for her store
Repayment Term: 5 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Apr 5, 2007
Date Disbursed: Apr 20, 2007
Date Funded:Apr 6, 2007
Loan Ended:Jul 16, 2007

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:United States Dollars (USD)



María is separated from her husband and cares for five children, who are 28, 27, 22, 18, and 8 years old. She began with her business when she separated from her husband because her children were studying and she didn’t have any way to continue educating them. It was for them that she decided to open a small business with the help of one of her children, who had begun working and was able to give her his small savings so that she could rent a shop where she could sell sweets. Little by little, things went well and her business began to grow. At the request of her clients, she began selling more things for children’s parties, like disposable items, piñatas, etc.


María is requesting a lon of $925.00 in order to buy inventory and stock her business, which is growing. This way she can satisfy her clients and keep them. She offers to repay the loan over a period of 3 to 6 months. María hopes for your collaboration and support so that she can continue supporting her five children and give them an education. She is grateful to everyone for their help.

Translated from Spanish by Jennifer Day, Kiva Volunteer.



María esta separada de su esposo y tiene a su cargo 5 hijos de 28 años, 27 años, 22 años, 18 años y 8 años; Ella empezó con el negocio cuando se separo de su esposo debido a que sus hijos estaban estudiando y no tenía los medio para continuar educándolos por ello es que decidió abrir un pequeño negocio con ayuda de uno de sus hijos el cual empezó a trabajar y le dio un pequeño ahorro que tenía para poder rentar un local en donde ella pudiera vender dulces. Poco a poco con el tiempo le fue yendo bien y su negocio comenzó a crecer y a pedido de sus clientes ella fue vendiendo más artículos que iban de acuerdo a fiestas infantiles como artículos desechables, piñatas, etc.

María esta solicitando un crédito de US $ 925 para comprar mercancía y surtir su negocio que va creciendo y así satisfacer a sus clientes y mantenerlos, ofreciendo pagar este préstamo en un plazo de 3 a 6 meses. María espera su colaboración y apoyo para poder seguir manteniendo a sus 5 hijos y brindarles educación, ella agradece a todas las personas por su ayuda.


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Journal entries for María De La Luz Ramírez Sáenz


Loan has been disbursed
 
Entrepreneur: María De La Luz Ramírez Sáenz
Location: San Juanito, Chihuahua, Mexico

Thank you for your loan. It has been disbursed to María De La Luz Ramírez Sáenz by Admic Nacional in Mexico. We are excited to watch this business grow. Over the next 3 - 6 months, Admic Nacional will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Mayela Narro from San Juanito, Chihuahua, Mexico
Apr 16, 2007
Comments (1)

Kiva Help Repayment Schedule for María De La Luz Ramírez Sáenz

  Expected Repayments Actual Repayments Comments
July 2007 $308.33 $0.00 Repayment Received
August 2007 $308.33 $618.00 Repayment Received
September 2007 $308.34 $307.00 Repayment Received