Rosa Maria Guzman Salas

Status: Paid Back

$1,000
Loan Request
Disbursed : Sep 18, 2008
Listed: Sep 3, 2008
Funded: Sep 4, 2008
$1,000
Paid Back
Ended: Apr 15, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249
Currency:Mexico Pesos (MXN)
Exchange Rate:10.1593 MXN = 1 USD


About the Loan

Location: Tampico, Tamaulipas, Mexico   Repayment Term: 8 months
(more info)
Activity: Cosmetics Sales   Repayment Schedule: Monthly
Loan Use: Buy merchandise   Currency Exchange Loss: Covered
      Default Protection: Covered
Rosa started her business because she's always liked sales and she wants a better future for her children. Rosa wants to provide them with a good education, and her husband's salary alone was not enough to do this. Rosa began in February of 2002, first by selling meals from her home. At first the business went very well, but as time passed Rosa's sales declined considerably. In response, she tried other sectors and a neighbor encouraged her to sell beauty products by catalog. Rosa has done very well in this business, and she's also begun to sell shoes of all types.


Rosa needs a loan of $1,000, which she'll repay in 6 months. She'll use the loan to buy merchandise, meeting her clients' demand for beauty products and shoes, and providing them with good service.

Translated from Spanish by Sarah Bishop, Kiva Volunteer.



Rosa inicio el negocio porque siempre le han gustado las ventas y por el deseo de que sus hijos tuvieran un futuro mejor y una buena preparación y para eso no era suficiente con el sueldo de su esposo. Comenzó en Febrero de 2002 , primero comenzó vendiendo comidas en la parte de enfrente de su casa, al principio le fue muy bien pero con el paso del tiempo sus ventas bajaron considerablemente, por lo que probó con otras opciones y una vecina se animó para que vendiera productos de belleza por catálogo con lo cual le ha ido muy bien y últimamente también ha comenzado a vender zapatos para toda la familia.


Ella necesita un prestamo por US $1000 que pagara en 6 meses para comprar mercancia lo que le va a permitir surtir los pedidos de productos de belleza y calzado ya que tiene clientes pendientes para seguir dándoles un buen servicio


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Journal entries for Rosa Maria Guzman Salas


Loan has been disbursed
 
Entrepreneur: Rosa Maria Guzman Salas
Location: Tampico, Tamaulipas, Mexico

Thank you for your loan. It has been disbursed to Rosa Maria Guzman Salas by Admic Nacional in Mexico. We are excited to watch this business grow. Over the next 6 months, Admic Nacional will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Rebeca Casas Abrego from Tampico, Tamaulipas, Mexico
Sep 9, 2008
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Kiva Help Repayment Schedule for Rosa Maria Guzman Salas

  Expected Repayments Actual Repayments Comments
December 2008 $166.67 $167.00 Repayment Received
January 2009 $166.67 $166.33 Repayment Received
February 2009 $166.67 $166.67 Repayment Received
March 2009 $166.67 $166.67 Repayment Received
April 2009 $166.67 $166.67 Repayment Received
May 2009 $166.65 $166.66 Repayment Received