Manuela Oralia Perez Castillo

Status: Paid Back

$475	Loan Request Disbursed : Nov 20, 2006 Listed: Nov 5, 2006 Funded: Nov 6, 2006
$475	Paid Back Ended: May 7, 2007

About the Field Partner

Admic Nacional administers this loan. Learn more

Field Partner:

Admic Nacional

Field Partner Risk Rating:

(Learn more)

Fundraising Status:

Paused

Time on Kiva:

41 months

Kiva Entrepreneurs:

3374

Total Loans:

$1,683,000

Interest & Fees are Charged:

Yes (Learn more)

Portfolio Yield:	69%
Profitability (Return on Assets):	4%
Average Loan Size (% of Per Capita Income):	5%

Delinquency Rate:

38.38%

Default Rate:

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Mexico
Avg Annual Income:	$11,249
Currency:	United States Dollars (USD)

About the Loan

Location:	Escobedo, N. L., Mexico	Repayment Term:	8 months (more info)
Activity:	Arts	Repayment Schedule:	Monthly
Loan Use:	To purchase merchandise	Currency Exchange Loss:	N/A
		Default Protection:	Covered

Manuela is very dynamic woman. She is a widower as of few years ago, and she decided to start a small business of making art picture sales (especially religious pictures) to help her generate her own income and with this income make her living and educate her son. She started selling her products to her friends and little by little her business grew. Now she has an excellent portfolio of clients that constantly want to buy her products. Manuela’s idea is to obtain a loan of US $475 to purchase raw materials for her business and maintain a stock of pictures for her clients. She hopes to pay this loan in 6-12 months.

**"This text has been translated from the following original business description."

Doña Manuela es una mujer muy dinámica, quedó viuda hace algunos años y decidió iniciar un pequeño negocio de venta de cuadros de arte (especialemente de motivos religiosos)para ayudarse generando sus propios ingresos y así poder sacar adelante a su hijo que estaba estudiando y no quería que descuidara sus estudios. Ella inició vendiendo con sus conocidos y poco a poco fue aumentando sus clientes hasta tener una cartera ya formada que permanentemente le solicita productos. La idea de Manuela es poder contar con un préstamo por $ 475 USD para poder comprar la materia prima para sus productos y así poder ofrecérselos a sus clientes para seguir contando con su preferencia, el plazo para pagar será de 6-12 meses.

Lenders to this entrepreneur

twstudios
Saint George, Ut
United States

vicki
washington, DC
United States

Joy
Arcata, CA
United States

Anonymous
Plainfield, IL
United States

Lavanya
New York, NY
United States

Bradley
New York, NY
United States

Bernice and Harris
Santa Barbara, CA
United States

Mary
Valencia, CA
United States

Sean
East Quogue, NY
United States

David
alameda, ca
United States

Jack
Knoxville, TN
United States

David
Valley Stream, NY
United States

Patricia
Shelter Island Heights, NY
United States

Monica
Miami Beach, FL
United States

MEREDITH
greenwood, IN
United States

Ella
Chapel Hill, NC
United States

Nancy
Dallas Center, IA
United States

Anonymous

United States

Bobbu
Washington, DC
United States

Journal entries for Manuela Oralia Perez Castillo

Loan has been disbursed Entrepreneur: Manuela Oralia Perez Castillo Location: Escobedo, N. L., Mexico Thank you for your loan. It has been disbursed to Manuela Oralia Perez Castillo 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 Escobedo, N. L., Mexico Nov 7, 2006
Comments (1)

Loan has been disbursed Entrepreneur: Manuela Oralia Perez Castillo Location: Escobedo, N. L., Mexico Thank you for your loan. It has been disbursed to Manuela Oralia Perez Castillo 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 Escobedo, N. L., Mexico Nov 7, 2006
Comments (2)

Loan has been disbursed Entrepreneur: Manuela Oralia Perez Castillo Location: Escobedo, N. L., Mexico Thank you for your loan. It has been disbursed to Manuela Oralia Perez Castillo 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 Escobedo, N. L., Mexico Nov 7, 2006
Comment on this entry

Repayment Schedule for Manuela Oralia Perez Castillo

Show Advanced

	Expected Repayments	Actual Repayments	Comments
February 2007	$79.17	$80.00	Repayment Received
March 2007	$79.17	$0.00	Repayment Received
April 2007	$79.17	$160.00	Repayment Received
May 2007	$79.17	$80.00	Repayment Received
June 2007	$79.17	$0.00	Repayment Received
July 2007	$79.15	$155.00	Repayment Received