Simon Aguilar Bahena

Status: Paid Back

$925
Loan Request
Disbursed : Nov 20, 2006
Listed: Nov 5, 2006
Funded: Nov 6, 2006
$925
Paid Back
Ended: May 7, 2007

About the Country

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


About the Loan

Location: Victoria, Tamaulipas, Mexico   Repayment Term: 8 months
(more info)
Activity: Grocery Store   Repayment Schedule: Monthly
Loan Use: To purchase merchandise   Currency Exchange Loss: N/A
      Default Protection: Covered
Simon is a married man who did not have a job and decided to start his own business in order to attain a better quality of life. He started a grocery business and distributes snacks as well.

Ten years ago, Simon started his business in a little house made of wood (3 x 2 meters) and with a small investment. He just sold bread, Cokes and eggs. However he had the vision to grow so, with a little help from his suppliers, his business began to grow and he was able to build a real business.

One or two years ago, Simon decided to begin distributing snacks in his region. He bought a truck to deliver these snacks. In order to fund this part of his business, he is requesting a loan of US$ 925 to purchase merchandise and continue with his goal of growing his business.

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

Don Simón es un hombre casado que al no tener un empleo fijo decidió emprender un negocio con el fin de mejorar sus condiciones de vida, actualmente tiene un negocio de abarrotes y cuenta además con la distribución de botanas. Hace diez años inició su negocio, en una pequeña casilla de madera de 3 x 2 metros y con una muy pequeña inversión, vendiendo solamente pan, refrescos y huevos, sin embargo tuvo la visión de ir capitalizando sus utilidades y con el apoyo de algunos de sus proveedores su negocio fue creciendo, hasta llegar a construir el local para su negocio así como su casa en donde vive, todo con los recursos generados en el propio negocio. Hace algún tiempo decidió agregar a su negocio el giro de venta de botana, las cuales distribuye en la región. Hace unos meses el Sr. Aguilar compró una camioneta con sus recursos propios para el reparto de botana, es por eso que en estos momentos requiere de capital de trabajo, ya que se descapitalizó con la compra, es por eso que solicita un crédito por $ 925 USD para surtirse de mercancía y poder continuar con sus planes de ampliar su zona de operación para que su negocio continúe creciendo.




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Journal entries for Simon Aguilar Bahena


Loan has been disbursed
 
Entrepreneur: Simon Aguilar Bahena
Location: Victoria, Tamaulipas, Mexico

Thank you for your loan. It has been disbursed to Simon Aguilar Bahena 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 Victoria, Tamaulipas, Mexico
Nov 7, 2006
Comment on this entry

Loan has been disbursed
 
Entrepreneur: Simon Aguilar Bahena
Location: Victoria, Tamaulipas, Mexico

Thank you for your loan. It has been disbursed to Simon Aguilar Bahena 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 Victoria, Tamaulipas, Mexico
Nov 7, 2006
Comment on this entry

Loan has been disbursed
 
Entrepreneur: Simon Aguilar Bahena
Location: Victoria, Tamaulipas, Mexico

Thank you for your loan. It has been disbursed to Simon Aguilar Bahena 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 Victoria, Tamaulipas, Mexico
Nov 7, 2006
Comments (1)

Kiva Help Repayment Schedule for Simon Aguilar Bahena

  Expected Repayments Actual Repayments Comments
February 2007 $154.17 $155.00 Repayment Received
March 2007 $154.17 $0.00 Repayment Received
April 2007 $154.17 $310.00 Repayment Received
May 2007 $154.17 $155.00 Repayment Received
June 2007 $154.17 $0.00 Repayment Received
July 2007 $154.15 $305.00 Repayment Received