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Magdalena has been selling clothes for over four years now. She is asking for a loan because the business needs more variety of merchandise like shoes, children’s clothes, toys and electronics, but she lacks the necessary money for this investment that her business needs in order to have more family income since this is her only source of income. She plans to repay the loan with part of her profits from the business since both she and her husband work at it.
View original language description ↓
La señora Magdalena tiene ya más de cuatro años dedicándose a la venta de ropa.
Esta solicitando un préstamo porque al negocio le esta haciendo falta mas variedad de mercancía como es zapatos, ropa para niño, juguetes y aparatos eléctricos pero no cuenta con el dinero necesario para la inversión que su negocio esta necesitando para tener mas ingresos a su familia ya que es la fuente de ingreso que tiene.
Planea pagar el crédito con una parte de las gana que obtiene del negocio ya que en el trabajan ella y su esposo.

About Mexico

  • $15,600
    Average annual income
  • 90
    View loans »
    Mexico Loans Fundraising
  • $20,999,575
    Funds lent in using Kiva
  • 11.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Magdalena to buy merchandise.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Mar 29, 2011
Apr 29, 2011
Currency Exchange Loss:
Feb 16, 2012