Check out some available loans that are similar to this one!
Teresa
Teresa is a widow and she has four children. When her husband passed away, the oldest child was 17, and even though Teresa was working for a company it was not sufficient to cover the expenses of the home and the school fees of the children. For that reason she decided to start her own business selling food. After a short time, she changed it to selling shoes and new and used clothing. Fortunately, her customers and her income have both increased. Thanks to Teresa's work, her oldest son has now finished his studies, and she hopes the rest can too.

In order to keep her business growing, Teresa is requesting a loan in the amount of $475, which she will use to buy merchandise with the goal of offering better service to her customers and new buyers. She will repay the loan over a period of 5 to 10 months. Now is the moment to help someone who really needs it. Please decide to support Teresa.

(Translated from the Spanish by Naomi Johnson, Kiva volunteer)


Teresa es viuda y tiene cuatro hijos, cuando su esposo falleció sus hijos estaban estudiando, el mayor tenía 17 años, a pesar de que ella trabajaba para un empresa no era suficiente para cubrir los gastos de su hogar y la escuela de sus hijos, razón por la que decidió emprender su propio negocio con la venta de comida, que poco después cambiaría, ahora se dedica a la venta de zapatos y ropa nueva y usada, afortunadamente sus clientes se han incrementado así como sus beneficios, gracias al trabajo que realiza Teresa sus hijo mayor ha logrado concluir sus estudios, y desea que los demás también puedan hacerlo.


Para que su negocio pueda creer, Teresa solicita un préstamo de $ 475 dólares que utilizará en la compra de mercancía con la finalidad de brindar un mejor servicio a sus clientes y nuevos compradores, ella ofrece devolver esta cantidad en un lapso de 5 a 10 meses. Hoy es momento de ayudar a quien más lo necesite, no lo pienses más y decidete a apoyarla.

About Mexico

  • $11,249
    Average annual income
  • 3
    View loans »
    Mexico Loans Fundraising
  • $17,739,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $475 helped Teresa to buy merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 20, 2007
Listed
Jun 5, 2007
Currency Exchange Loss:
N/A
Ended:
Nov 7, 2007