William Fernando Martinez Cortez


Status: Paying Back

$425.00   Loan Amount
45% repaid

About the Entrepreneur

Name: William Fernando Martinez Cortez
Location: Managua, Nicaragua
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $425.00
Loan Use: To buy materials to construct divisions and to lay bricks in his home.
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 15, 2009
Date Disbursed: Apr 28, 2009
Date Funded:May 19, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.1195 NIO = 1 USD



Mr. William Fernando Martínez Cortes, married with two children, lives in the Memorial Sandino neighborhood. He has served as a driver in a private business for twelve years, and his wife is self-employed and works as a seamstress at home. Some of the projects that will benefit and complete their home are laying bricks in the living room and making divisions for the rooms, providing comfort for his wife and children. Thanks to the loan from Afodenic he has made many changes to their house and he expects to continue making improvements in order to have a decent home for his family.

Translated from Spanish by Erin Hopkins, Kiva Volunteer


Don William Fernando Martínez Cortes, casado y tiene dos hijos, habita en el barrio Memorial Sandino se desempeña como conductor en una empresa privada desde hace dos años, su esposa trabaja como costurera por cuenta propia en su domicilio. Unos de los proyectos para veneficio de su hogar es la culminación de su vivienda; colocando ladrillos en la sala y realizar unas divisiones en los cuartos, brindándoles comodidad a su esposa e hijos. Gracias a los préstamos en Afodenic ha realizado cambios en su hogar y espera seguir haciendo las mejora para tener una casa digna para su familia.


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Journal entries for William Fernando Martinez Cortez


Loan has been disbursed
 
Entrepreneur: William Fernando Martinez Cortez
Location: Managua, Nicaragua

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


Posted by from Managua, Nicaragua
May 20, 2009
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Kiva Help Repayment Schedule for William Fernando Martinez Cortez

  Expected Repayments Actual Repayments Comments
August 2009 $35.42 $36.12 Repayment Received
September 2009 $35.42 $39.84 Repayment Received
October 2009 $35.42 $39.64 Repayment Received
November 2009 $35.42 $41.21 Repayment Received
December 2009 $35.42 $36.95 Repayment Received
January 2010 $35.42 Available Jan 1  
February 2010 $35.42 Available Feb 1  
March 2010 $35.42 Available Mar 1  
April 2010 $35.42 Available Apr 1  
May 2010 $35.42 Available May 1  
June 2010 $35.42 Available Jun 1  
July 2010 $35.38 Available Jul 1