Maria De Lourdes Medina Mendez

Status: Paid Back

$475
Loan Request
Disbursed : Nov 21, 2006
Listed: Nov 6, 2006
Funded: Nov 7, 2006
$475
Paid Back
Ended: Jun 7, 2007

About the Country

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


About the Loan

Location: Linares, Mexico   Repayment Term: 7 months
(more info)
Activity: Retail   Repayment Schedule: Monthly
Loan Use: To purchase raw materials   Currency Exchange Loss: N/A
      Default Protection: Covered
Lourdes is a young single woman, dynamic and entrepreneur that learned how to do business when she was a child because her grandmother had a business and Lourdes used to help her with the business. In 2001 she started her snacks sales business but it was so elemental with so few merchandise, little by little she was investing in more products and her business are near to a school so she began to sell school articles having success and she could buy a photocopy, a showcase and shelves. Lourdes is requesting for a loan of US$ 475 to purchase merchandise that she uses in some handmade articles for Christmas because her demand increases this season. She offers to pay this loan in 5 months.

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

Lourdes es una mujer soltera muy dinámica y emprendedora que aprendió el comercio desde pequeña, pues su abuelita tenía un negocio y ella acostumbraba ayudarla en el mismo. En el 2001 inició su negocio de venta de snack de manera muy elemental, con lo mínimo de mercancías, poco a poco fue invirtiendo en mas productos y aprovechando la cercanía con una escuela empezó a vender artículos escolares, teniendo muy buen éxito, a tal grado que compró una copiadora, enmicadora, vitrina y estanterías. Lourdes está solicitando un préstamo por la cantidad de $ $ 475 USD para poder surtirse de mercancía que se usa en la elaboración de manualidades, ya que por la temporada navideña se incrementan la demanda por ese tipo de materiales. El plazo solicitado para pagar es de 5-10 meses.


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Journal entries for Maria De Lourdes Medina Mendez


Loan has been disbursed
 
Entrepreneur: Maria De Lourdes Medina Mendez
Location: Linares, Mexico

Thank you for your loan. It has been disbursed to Maria de Lourdes Medina Mendez by Admic Nacional in Mexico. We are excited to watch this business grow. Over the next 5 - 10 months, Admic Nacional will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Mayela Narro from Linares, Mexico
Nov 7, 2006
Comment on this entry

Loan has been disbursed
 
Entrepreneur: Maria De Lourdes Medina Mendez
Location: Linares, Mexico

Thank you for your loan. It has been disbursed to Maria de Lourdes Medina Mendez by Admic Nacional in Mexico. We are excited to watch this business grow. Over the next 5 - 10 months, Admic Nacional will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Mayela Narro from Linares, Mexico
Nov 7, 2006
Comment on this entry

Loan has been disbursed
 
Entrepreneur: Maria De Lourdes Medina Mendez
Location: Linares, Mexico

Thank you for your loan. It has been disbursed to Maria de Lourdes Medina Mendez by Admic Nacional in Mexico. We are excited to watch this business grow. Over the next 5 - 10 months, Admic Nacional will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Mayela Narro from Linares, Mexico
Nov 7, 2006
Comment on this entry

Kiva Help Repayment Schedule for Maria De Lourdes Medina Mendez

  Expected Repayments Actual Repayments Comments
February 2007     Repayment Received
From Entrepreneur to Field Partner Dec 21, 2006 $95.00 Dec 13, 2006 $95.00  
From Field Partner to Lenders Feb 2007 $95.00 Feb 2007 $95.00  
March 2007     Repayment Received
From Entrepreneur to Field Partner Jan 21, 2007 $95.00    
From Field Partner to Lenders Mar 2007 $95.00 Mar 2007 $0.00  
April 2007     Repayment Received
From Entrepreneur to Field Partner Feb 21, 2007 $95.00 Feb 3, 2007 $95.00  
   Feb 3, 2007 $95.00  
   Feb 3, 2007 $95.00  
From Field Partner to Lenders Apr 2007 $95.00 Apr 2007 $285.00  
May 2007     Repayment Received
From Entrepreneur to Field Partner Mar 21, 2007 $95.00    
From Field Partner to Lenders May 2007 $95.00 May 2007 $0.00  
June 2007     Repayment Received
From Entrepreneur to Field Partner Apr 21, 2007 $95.00    
From Field Partner to Lenders Jun 2007 $95.00 Jun 2007 $0.00  
August 2007      
From Entrepreneur to Field Partner    Jun 7, 2007 $95.00  
From Field Partner to Lenders Aug 2007 $0.00 Aug 2007 $95.00