Oscar Danilo Martínez Pichardo


Status: Paying Back

$500.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Oscar Danilo Martínez Pichardo
Location: Leon, Nicaragua
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $500.00
Loan Use: Pay for solar panel
Repayment Term: 14 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Apr 29, 2009
Date Disbursed: Mar 30, 2009
Date Funded:Apr 29, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:20.1610 NIO = 1 USD




In the Telica municipality in the city of León, Oscar Martínez very eagerly works to improve his living conditions. He has started to improve his house, which has been in bad condition for quite some time.

He has acquired a solar panel for his house, which does not have electricity. The panel will give him access to energy and allow him to illuminate the house, which will be beneficial to his family. For this reason he has come to Ceprodel to get a loan to pay for the solar panel. This way he can get ahead in his task.


Translated from Spanish by Ginny Kalish, Kiva Volunteer



En el municipio de Telica de la ciudad de León, el señor Oscar Martínez se dedica a laborar con mucho ahínco con el propósito de mejorar las condiciones de su vivienda por lo que ha comenzado a mejorarla ya que había estado en malas condiciones desde hace mucho tiempo.

Hoy en día ha adquirido un panel solar porque en su vivienda no se cuenta con energía eléctrica y este panel le permitirá tener acceso a energía y logrará iluminarse y así beneficiar a su familia. Para esto ha acudido a Ceprodel para ser beneficiado con un crédito para el pago del panel solar y de esta forma salir adelante en su labor.




About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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Journal entries for Oscar Danilo Martínez Pichardo


Loan has been disbursed
 
Entrepreneur: Oscar Danilo Martínez Pichardo
Location: Leon, Nicaragua

Thank you for your loan. It has been disbursed to Oscar Danilo Martínez Pichardo by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the 12 months of this loan, CEPRODEL will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Leon, Nicaragua
Apr 30, 2009
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Kiva Help Repayment Schedule for Oscar Danilo Martínez Pichardo

  Expected Repayments Actual Repayments Comments
May 2010 $500.00 Available May 1