Maria Rebeca Valdez Flores

Status: Paid Back

$400
Loan Request
Disbursed : Aug 16, 2008
Listed: Aug 2, 2008
Funded: Aug 2, 2008
$400
Paid Back
Ended: Feb 24, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249
Currency:Mexico Pesos (MXN)
Exchange Rate:10.0330 MXN = 1 USD


About the Loan

Location: Santa Catarina, Nuevo Leon, Mexico   Repayment Term: 7 months
(more info)
Activity: Bakery   Repayment Schedule: Monthly
Loan Use: Buy ingredients.   Currency Exchange Loss: Covered
      Default Protection: Covered
Rebeca started her bakery business in order to take care of her household expenses. Since she was only able to rely on her children for a small amount of help, 10 years ago she decided to start a business selling bread and cakes to her acquaintences and neighbors. They started recommending her to others and today she has a large number of clients.


She needs a loan for US $400, which she will repay in 5 months, to buy ingredients and some cooking equipment which she does not have. With your help, Rebeca will be able to get ahead.


Translated from Spanish by Molly Puglisi, Kiva volunteer.



Rebeca inicio el negocio de reposteria para salir adelante con los gastos de su casa ya que solo cuenta con la ayuda minima de sus hijos, para solventar los gastos de su casa, por lo que deicido comenzar su negocio hace 10 aƱos, vendiendo pan y pasteles, a sus conocidos y vecinos, quienes la fueron recomendando y actualmente ya tiene un gran numero de clientes que la conocen.


Ella necesita un credito por US $400 que pagara en 5 meses para comprar materia prima y algunos accesorios de cocina que le hacen falta. Con tu apoyo Rebeca saldra adelante.


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Journal entries for Maria Rebeca Valdez Flores


Loan has been disbursed
 
Entrepreneur: Maria Rebeca Valdez Flores
Location: Santa Catarina, Nuevo Leon, Mexico

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


Posted by Leticia Ramirez from Santa Catarina, Nuevo Leon, Mexico
Aug 4, 2008
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Kiva Help Repayment Schedule for Maria Rebeca Valdez Flores

  Expected Repayments Actual Repayments Comments
November 2008 $80.00 $80.00 Repayment Received
December 2008 $80.00 $80.00 Repayment Received
January 2009 $80.00 $80.00 Repayment Received
February 2009 $80.00 $80.00 Repayment Received
March 2009 $80.00 $80.00 Repayment Received