Carmen Vega

Status: Paid Back

$1,075
Loan Request
Disbursed : May 10, 2007
Listed: Apr 24, 2007
Funded: Apr 26, 2007
$1,075
Paid Back
Ended: May 2, 2008

About the Country

Country:Ecuador
Avg Annual Income:$4,776
Currency:United States Dollars (USD)


About the Loan

Location: Guayaquil, Ecuador   Repayment Term: 15 months
(more info)
Activity: General Store   Repayment Schedule: Monthly
Loan Use: To invest in cosmetics and jewelry.   Currency Exchange Loss: N/A
      Default Protection: Not Covered
Carmen sells various items. She began her business with the support of her sister, who loaned her $200.00. At the start, she only sold school items. Now she continues to offer these, as well as clothing and gifts. Carmen also wishes to sell cosmetics and jewelry. She would use her loan to purchase in these items while they are on sale so that she could make higher returns on sales. She has faith that with these new products, her business will grow and she will be able to continue to invest in merchandise. Carmen is separated and has one son. She is convinced that her business will grow and will allow her to save for the future.

Translated from Spanish by Kiva Volunteer, Kristin Connor.



Carmen se dedica a la venta de artículos varios. Carmen empezó su negocio con el apoyo de su hermana quien le facitilo la cantidad de 200 dólares .Al principio solo vendia útiles escolares. Ahora continúa ofreciendo estos productos juntos con ropa y regalos.
Carmen aspira vender bisutería y cosméticos .Ella usara el prestamo para invertir en comprar mercadería en ofertas para así obtener mejores ganancias. Ella tiene fe que con estos nuevos productos su negocio crecera y le permitira seguir invirtiendo en mercaderia.
Carmen esta separada tiene un hijo. Esta convencida que su negocio crecerá y le permitirá ahorrar para el futuro.


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Journal entries for Carmen Vega


Agradecimientos
 
Entrepreneur: Carmen Vega
Location: Guayaquil, Ecuador

Carmen agradece a Kiva, Mifex y la comunidad solidaria por la ayuda prestada en el campo de las microfinanzas, ella esta muy feliz por tener acceso a este crédito y poder cumplir sus sueños al tener como generar ingresos para la familia y para pagar su crédito.

www.mifex.org


Posted by Luis Crespo from Guayaquil, Ecuador
May 18, 2007
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Kiva Help Repayment Schedule for Carmen Vega

  Expected Repayments Actual Repayments Comments
August 2007 $89.58 $90.00 Repayment Received
September 2007 $89.58 $90.00 Repayment Received
October 2007 $89.58 $90.00 Repayment Received
November 2007 $89.58 $90.00 Repayment Received
December 2007 $89.58 $90.00 Repayment Received
January 2008 $89.58 $90.00 Repayment Received
February 2008 $89.58 $90.00 Repayment Received
March 2008 $89.58 $90.00 Repayment Received
April 2008 $89.58 $90.00 Repayment Received
May 2008 $89.58 $90.00 Repayment Received
June 2008 $89.58 $90.00 Repayment Received
July 2008 $89.62 $85.00 Repayment Received