Maria Zambrano
| $475 |
Loan Request
Disbursed
: Nov 19, 2006
Listed: Nov 4, 2006
Funded: Nov 5, 2006
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| $475 |
Paid Back
Ended: Jun 25, 2007
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About the Field Partner
| MIFEX administers this loan. Learn more | |||||||
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| Field Partner: | MIFEX | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Closed | ||||||
| Time on Kiva: | 45 months | ||||||
| Kiva Entrepreneurs: | 1918 | ||||||
| Total Loans: | $1,396,800 | ||||||
| Interest & Fees are Charged: | No (Learn more) | ||||||
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| Delinquency Rate: | N/A - No Paying Back Loans | ||||||
| Default Rate: | 24.14% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Country
| Country: | Ecuador |
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| Avg Annual Income: | $4,776 |
| Currency: | United States Dollars (USD) |
About the Loan
| Location: | Guayaquil, Ecuador | Repayment Term: | 8 months (more info) |
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| Activity: | Food Market | Repayment Schedule: | Monthly | |
| Loan Use: | Invest in new products such as chicken and beef | Currency Exchange Loss: | N/A | |
| Default Protection: | Covered |
Maria has a small store where she sells food and other household items. She started the store 4 years ago with the help of her daughter who gave her $150 of her savings from a job. At first she only started selling fruits and other foods but she has slowly been expanding her product line into other items for the home. She has 3 children who all help her run the business and depend on the store as the main source of income. Maria hopes to use the money from this loan to invest in products such as toys that will be popular for the upcoming Christmas season. She also wants to expand into the sale of beef and chicken.
Mifex offers its clients microinsurance and access to business training and educational programs. For more information about microfinance, Ecuador, and our services, please visit www.mifex.org.
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Journal entries for Maria Zambrano
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Noticias
Location: Guayaquil, Ecuador
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Posted by
Luis Crespo from Guayaquil, Ecuador
Nov 25, 2006 |
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Actualizacion
Location: Guayaquil, Ecuador
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Posted by
Luis Crespo from Guayaquil, Ecuador
Jun 12, 2007 |
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Comment on this entry
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Repayment Schedule for Maria Zambrano
Repayment Schedule for Maria Zambrano
| Expected Repayments | Actual Repayments | Comments | |||
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| February 2007 | $79.17 | $80.00 |  Repayment Received
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| March 2007 | $79.17 | $80.00 | Repayment Received
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| April 2007 | $79.17 | $0.00 | Repayment Received
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| May 2007 | $79.17 | $80.00 | Repayment Received
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| June 2007 | $79.17 | $160.00 | Repayment Received
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| July 2007 | $79.15 | $0.00 | Repayment Received
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| August 2007 | $0.00 | $75.00 | |||
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