Fernando Torres Jurado


Status: Paid Back

$475.00   Loan Request
$475.00   Paid Back

About the Entrepreneur

Name: Fernando Torres Jurado
Location: San Nicolás De Los Garza, Nuevo León, Mexico
Activity: Office Supplies

About the Loan

Loan Amount: $475.00
Loan Use: To buy merchandise
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: May 5, 2007
Date Disbursed: May 20, 2007
Date Funded:May 6, 2007
Loan Ended:Nov 7, 2007

About the Country

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



After having worked for eighteen years at a company where he supervised the work of inspectors, three years ago Mr. Fernando was laid off. He has the responsibility of a family, which still relies on him for economic and moral support. Taking advantage of a plot of land which he owns near his house, along with the money he recieved when he was laid off, he decided to open his own business selling office supplies and sweets. His shop is across the street from a school, and he benefits from this strategic location. He would like to diversify his product line, including, for example, accessories for women, and in this way he plans to increase his sales and to continue growing as a micro-entrepreneur.

Fernando is requesting a loan of $475.00, which he will use to buy merchandise, in order to offer better service and variety to his customers. You can be a fundamental part of Fernando's business, and in this was to improve the living conditions of his family. They thank you sincerely for your help.


Subscribe

Lenders to this entrepreneur

Tim
Welwyn Garden City, Hertfordshire
United Kingdom

Owen & Helga
Vineland, Ontario
Canada

David
Udhailiyah,
Saudi Arabia

Jennifer
Henderson, NV
United States

Mark
London, London
United Kingdom

Ai
Nagoya,
Japan

Drew and daughter Molly
williamsville, NY
United States

Steve
SAN DIEGO, CA
United States

Andrew
San Francisco / Los Angeles, CA
United States

Emad
Port Melbourne, Victoria

Ralph
Pennington, NJ
United States

John
Leicestershire
United Kingdom

Beth
Beverly, MA
United States

Joan
Edmonton, Alberta
Canada



Journal entries for Fernando Torres Jurado


Loan has been disbursed
 
Entrepreneur: Fernando Torres Jurado
Location: San Nicolás De Los Garza, Nuevo León, Mexico

Thank you for your loan. It has been disbursed to Fernando Torres Jurado 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 Victor Paredes from San Nicolás De Los Garza, Nuevo León, Mexico
May 7, 2007
Comments (1)

Kiva Help Repayment Schedule for Fernando Torres Jurado

  Expected Repayments Actual Repayments Comments
August 2007 $79.17 $80.00 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 $80.00 Repayment Received
January 2008 $79.15 $75.00 Repayment Received