Julio Constantino Durón Sánchez


Status: Paying Back

$1,000.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Julio Constantino Durón Sánchez
Location: Leon, Nicaragua
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $1,000.00
Loan Use: To buy a solar panel
Repayment Term: 26 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



Julio Durón lives in the town of Telica and dedicates himself with great effort to working in livestock farming. He does this to improve living conditions for his family by acquiring a solar panel to light his home, since there is no electricity in the locale where he lives.

It is important to highlight that, today, Julio has looked for Ceprodel’s support for a loan for the purchase of a solar panel. In this way, he will continue on, offering better living conditions to his family that loves and needs him so much.



Translated from Spanish by Anne Rodriguez, Kiva Volunteer



El señor Julio Durón en el municipio de Telica se dedica con gran esfuerzo a laborar en su actividad de ganadería para lograr mejorar las condiciones de vida de su familia por medio de la adquisición de un panel solar para iluminarse en su vivienda por el motivo de que en la localidad donde él vive no se cuenta con energía eléctrica.

Es importante destacar que hoy en día el señor Julio ha buscado el apoyo en Ceprodel para ser beneficiado con un crédito para el pago del panel solar y de esta forma salir adelante brindándole mejores condiciones de vida a su familia que tanto ama y necesita de él.




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 Julio Constantino Durón Sánchez


Loan has been disbursed
 
Entrepreneur: Julio Constantino Durón Sánchez
Location: Leon, Nicaragua

Thank you for your loan. It has been disbursed to Julio Constantino Durón Sánchez by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the 24 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 Julio Constantino Durón Sánchez

  Expected Repayments Actual Repayments Comments
May 2011 $1,000.00 Available May 1