Blanca Araceli Esquivel Cervantes


Status: Paid Back

$475.00   Loan Request
$475.00   Paid Back

About the Entrepreneur

Name: Blanca Araceli Esquivel Cervantes
Location: García, Nuevo León, Mexico
Activity: General Store

About the Loan

Loan Amount: $475.00
Loan Use: Acquire merchandise stocks
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Apr 24, 2007
Date Disbursed: May 8, 2007
Date Funded:Apr 24, 2007
Loan Ended:Oct 25, 2007

About the Country

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



Blanca is married with five children, two of whom are 3-year-old twin boys and three daughters ages 1, 7 and 9. Her husband is a chauffeur and earns a very low salary. Fortunately, they were able to purchase their own house, but her husband’s salary must cover the payments. For this reason, Blanca saw the need to earn an extra income to help them with all the household expenses. That is how she came to start her own grocery business which she runs out of her home. This way she avoids neglecting her family while being able to work.



At this time, Blanca is in need of a loan of $475 to buy merchandise stocks for her business. It hasn’t been easy for her to move her business and family forward, but she is determined to work hard to offer her children a better quality of life. Become a part of the growth of this business. This family's wellbeing is in your hands, and they appreciate your generosity.

Translated from Spanish by Leo Duran, Kiva Volunteer.



Blanca es casada, tiene cinco hijos, dos de ellos son gemelos de 3 años de edad y tres hijas de 1, 7 y 9 años, su esposo es chofer y recibe un salario muy bajo. Afortunadamente les fue posible adquirir su propia casa, pero los pagos de ésta se descuentan del salario de su esposo, por lo que Blanca vio la necesidad de obtener un ingreso extra que pudiera ayudarles con todos los gastos del hogar, fue así como inició con la venta de abarrotes, que realiza en su domicilio, de esta manera no descuida a su familia y puede trabajar.


En estos momentos, Blanca requiere de un préstamo por la cantidad de $ 475 dólares que utilizará en la compra de mercancía para surtir su negocio, no ha sido fácil para ella sacar adelante su negocio y su familia, pero está dispuesta a trabajar mucho para ofrecerles a sus hijos una mejor calidad de vida. Forma parte del crecimiento de este negocio, en tus manos esta el bienestar de esta familia, ellos agradecen tu generosidad.


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Lenders to this entrepreneur

Econ 384 @ UMW
Fredericksburg, VA
United States



Journal entries for Blanca Araceli Esquivel Cervantes


Loan has been disbursed
 
Entrepreneur: Blanca Araceli Esquivel Cervantes
Location: García, Nuevo León, Mexico

Thank you for your loan. It has been disbursed to Blanca Araceli Esquivel Cervantes by Admic Nacional in Mexico. We are excited to watch this business grow. Over the next 6 - 12 months, Admic Nacional will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Mayela Narro from García, Nuevo León, Mexico
Apr 25, 2007
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Kiva Help Repayment Schedule for Blanca Araceli Esquivel Cervantes

  Expected Repayments Actual Repayments Comments
August 2007 $79.17 $160.00 Repayment Received
September 2007 $79.17 $80.00 Repayment Received
October 2007 $79.17 $80.00 Repayment Received
November 2007 $79.17 $80.00 Repayment Received
December 2007 $79.17 $75.00 Repayment Received
January 2008 $79.15 $0.00 Repayment Received