Check out some available loans that are similar to this one!
Magdalena De Jesus
View original language description ↓
Magdalena de Jesús is 23 years old, is married, and has one child. She has a small grocery store in her in-laws’ house, since she doesn’t have her own house. With the loan, she will expand the store’s space and also buy a stock of rice, cookies, salt, sugar, cooking oil, pasta, soft drinks, and other such items. In this way, she will help her husband with the household expenses and also be able to save for their own house, where they can establish their business. She is part of the loan group Merced 4.

Translated from Spanish by Jennifer Day, Kiva Volunteer.

MAGDALENA DE JESUS tiene 23 años, casada, un hijo. Ella tiene una tienda de abarrotes en la casa de sus suegros ya que no cuenta con casa propia. Con el préstamo ampliara el lugar y comprara un surtido de arroz, galletas, sal, azúcar, aceite, pastas, bebidas y otros. Con esto apoyara a su esposo con los gastos del hogar y así poder ahorrar obteniendo en un futuro una casa propia y establecer ahí el negocio. Ella forma parte del grupo Merced 4.

About Mexico

  • $11,249
    Average annual income
  • 0
    View loans »
    Mexico Loans Fundraising
  • $17,740,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Magdalena De Jesus to expand a small grocery store and to buy a stock of grocery items.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 24, 2007
Listed
Sep 10, 2007
Currency Exchange Loss:
N/A
Ended:
Aug 25, 2008