Consuelo Chávez


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Consuelo Chávez
Location: Guayaquil, Ecuador
Activity: Food Market

About the Loan

Loan Amount: $600.00
Loan Use: Invest in products for her store/ Invertir en productos para su tienda
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: May 2, 2007
Date Disbursed: May 16, 2007
Date Funded:May 2, 2007
Loan Ended:Nov 8, 2007

About the Country

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



Mrs. Consuelo has a store that she started 16 years ago with her savings. She runs her business out of her house and she attends to her clients everyday of the week. Her daughter helps her in the business. Her store hours are from 6:00 AM to 22:00PM.

Consuelo will use the loan to buy store supplies and bazaar products: rice, sugar, meats, chicken, detergents, imitation jewelry, and other. With this, Consuelo will be able to assist and satisfy the needs of her clients.


Consuelo is 47 years old. She has four children of which two are students. Consuelo’s husband helps her with the business and also works as a taxi driver. Consuelo states that the income generated by her husband has been a big help in financing the business but that any remaining income needs to cover all of the family expenses.



Translated from Spanish by Martha Martinez, Kiva Volunteer.



Doña Consuelo tiene negocio de tienda desde hace 16 años se inicio con ahorros. Su negocio esta ubicado en su domicilio y da atención a sus clientes todos los días de la semana. Su hija la ayuda en el negocio su horario de atención es desde las 6: AM a 22: PM


Con el crédito Consuelo comprara víveres y productos de bazar: Arroz, azúcar, carnes, pollos, detergentes, bisutería y otros. Con esto Consuelo podrá atender y satisfacer las necesidades de sus clientes.


Consuelo tiene 47 años 4 hijos de los cuales 2 estudian. El esposo de Consuelo la ayuda en su negocio y también trabaja como taxista. Consuelo indica que los ingresos generados por esposo la ayudan mucho, porque de esta manera no se descapitaliza su negocio al dirigir parte de este a los gastos de la familia en su totalidad.




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Journal entries for Consuelo Chávez


Agradecimientos
 
Entrepreneur: Consuelo Chávez
Location: Guayaquil, Ecuador

Consuelo esta feliz de ser atendido por KIVA Y MIFEX. Para ella esta es una oportunidad de gran significado. Su negocio requiere capital, sus clientes requieren de su servicio, que ahora lo puede brindar. Su hogar recibe el aporte de Consuelo para sufragar los gastos primarios.

Agradece Kiva y su comunidad por la ayuda directa a su negocio.

www.mifex.org


Posted by Luis Crespo from Guayaquil, Ecuador
May 8, 2007
Comment on this entry

New Business!
 
Entrepreneur: Consuelo Chávez
Location: Guayaquil, Ecuador

Consuelo now has a new business that she started with the help of this loan. She now offers phone calls service from a new section in her home. She has several booths where clients can make local and international calls. This is a very common business in this sector because many people cannot afford phones in their home. She was able to get this going with the profits she made from the initial investment in food and general store items. Couples with her husband’s savings they were able to venture into this new business which has gone well.


Posted by Robert Edgar from Guayaquil, Ecuador
Dec 22, 2007
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Kiva Help Repayment Schedule for Consuelo Chávez

  Expected Repayments Actual Repayments Comments
August 2007 $100.00 $100.00 Repayment Received
September 2007 $100.00 $100.00 Repayment Received
October 2007 $100.00 $100.00 Repayment Received
November 2007 $100.00 $100.00 Repayment Received
December 2007 $100.00 $100.00 Repayment Received
January 2008 $100.00 $100.00 Repayment Received