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Ma. Reyes

Success!! The loan was 100% repaid

A loan of $475 helped Ma. Reyes purchase of ingredients, paint, tables, and chairs for taco business.

100% repaid
Repayment Term:
8 months (more info)
Repayment Schedule:
Monthly
Disbursed:
Feb 15, 2008
Listed
Jan 31, 2008
Currency Exchange Loss:
Covered
Default Protection
Covered
Ended:
Jul 15, 2008
Because her husband—a bricklayer—does not earn enough money to cover the household expenses and raise 6 children, Ma. Reyes started a fast food business in 1987. She initially sold her meals from home, then sold traditional Mexican snack foods in a borrowed business space. After the owners asked for their space back, she started selling brand name cosmetics and perfume. In 2002, a friend sold a taco cart to her, which she set in her patio near a busy avenue, in installments. Since then, she has been selling tacos and sandwiches for a living.


However, Ma. Reyes needs a loan of $475.00 USD, which she is willing to repay within 5 months. With this loan, Ma. Reyes will be able to purchase the ingredients she needs to prepare her food, buy tables and chairs, and paint her cart so she can attract more customers. With your support, Ma. Reyes and her husband will be able to help her family get ahead.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer.


Debido a que lo que gana su esposo como albañil no es suficiente para pagar los gastos de la casa y de sus 6 hijos, Ma. Reyes comenzó su negocio de venta de comidas desde 1987, primero elaborando comidas en su casa, después en un pequeño local que le prestaron comenzó a vender antojitos mexicanos, después le pidieron el local y se puso a vender cosméticos y perfumería de reconocidas marcas y a partir del año 2002 una comadre le traspasó un carrito de tacos en abonos, el cual instaló en el patio de su casa que da a una avenida principal (muy transitada) y desde entonces me se dedica a vender tacos y tortas.



Sin embargo Ma. Reyes necesita un crédito de US $475 que está dispuesta a pagarlos en un plazo de 5 meses y con este dinero Ma. Reyes podrá comprar materia prima para elaborar sus productos y unas mesas y sillas, además de poder pintar su carrito para que tenga mejor presencia y así los clientes se acerquen con más confianza. Con tu ayuda Ma. Reyes podrá sacar adelante a sus 6 hijos con la ayuda de su esposo.

About the Country

Country:
Mexico
Average Annual Income:
$11,249
Currency:
Mexico Pesos (MXN)
Exchange Rate:
10.8485 MXN = 1 USD
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