Maria Elena Hernandez Martinez

Status: Paid Back

$1,025
Loan Request
Disbursed : Feb 21, 2007
Listed: Jan 31, 2007
Funded: Feb 7, 2007
$1,025
Paid Back
Ended: Aug 21, 2007

About the Country

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


About the Loan

Location: Santo Domingo, Nuevo Leon, Mexico   Repayment Term: 8 months
(more info)
Activity: Clothing Sales   Repayment Schedule: Monthly
Loan Use: PURCHASE MERCHANDISE   Currency Exchange Loss: N/A
      Default Protection: Covered

Maria Elena lives in the community of Santo Domingo in the state of Nuevo Leon. Ten years ago she started her small business selling clothes, as her husband abandoned her, and back then her three kids were still under age. She found herself in need and looked for a business that would generate the necessary income to raise her children, as an aside from her other job working in a company. Years later, Maria Elena's children have professional careers and they help her purchase merchandise. She has managed this with a base of great effort, integrity and the love of her family.



The daily struggles have not been easy in any way, but nonetheless she managed to reach her goal with the moral support of her children. Now she requires a loan in the amount of $1025 that she will use to purchase merchandise in greater quantities and keep her business growing. Do not wait. Support Maria Elena. She will sincerely thank you.



Translated from Spanish by Erika Lindig, Kiva Volunteer.



María Elena vive en la comunidad de Santo Domingo, en el estado de Nuevo León , ella hace 10 años comenzó con un negocio pequeño de venta de ropa, pues su esposo la abandono, en ese entonces sus tres hijos aún eran menores de edad y ella se vio en la necesidad de buscar un actividad que le pudiera generar los ingresos necesarios para poder mantener a sus hijos, además del salario que ganaba en su trabajo de planta, pues con éste no era necesario. Después de muchos años transcurridos, los hijos de María Elena son profesionistas y le ayudan a surtir la mercancía para le venta de la ropa, y esto lo ha logrado a base de esfuerzo , enteraza y amor a sus familia.


La lucha diaria no ha sido fácil en ningún sentido, sin embargo ella ha sabido lograr sus objetivo con el apoyo moral de sus hijos, ahora ella requiere de un préstamo por una cantidad de $ 1025 DLLS, mismos que utilizará para comprar una mayor cantidad de mercancía y continuar creciendo con su negocio. No lo dudes más y apoya a María Elena, ella te lo va a agradecer sinceramente.


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Journal entries for Maria Elena Hernandez Martinez


Loan has been disbursed
 
Entrepreneur: Maria Elena Hernandez Martinez
Location: Santo Domingo, Nuevo Leon, Mexico

Thank you for your loan. It has been disbursed to MARIA ELENA HERNANDEZ MARTINEZ 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 from Santo Domingo, Nuevo Leon, Mexico
Feb 21, 2007
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Kiva Help Repayment Schedule for Maria Elena Hernandez Martinez

  Expected Repayments Actual Repayments Comments
May 2007 $170.83 $0.00 Repayment Received
June 2007 $170.83 $342.00 Repayment Received
July 2007 $170.83 $0.00 Repayment Received
August 2007 $170.83 $342.00 Repayment Received
September 2007 $170.83 $171.00 Repayment Received
October 2007 $170.85 $170.00 Repayment Received