Erick José Nicaragua


Status: Paying Back

$1,100.00   Loan Amount
29% repaid

About the Entrepreneur

Name: Erick José Nicaragua
Location: Masaya, Nicaragua
Activity: General Store

About the Loan

Loan Amount: $1,100.00
Loan Use: Buy products for his mini market
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 17, 2009
Date Disbursed: Apr 30, 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



Erick Nicaragua’s small business is his mini market, which is in his own home in the city of Masaya. He takes care of his customers with a lot enthusiasm. He is a happy, dynamic person with a great spirit for improving his business.

He needs products for his mini market like food, basic grains, and others. He needs these products immediately. That is way he is asking Ceprodel for a loan. This way he can get ahead in his business. He needs their support now more than ever.



Translated from Spanish by Ginny Kalish, Kiva Volunteer



En la ciudad de Masaya, el señor Erick Nicaragua se dedica a atender su pequeño negocio de pulpería el cual ha establecido en su propia casa de habitación donde atiende a sus clientes con mucho entusiasmo ya que es una persona muy alegra, dinámica y con un gran espíritu de superación en el negocio.

Atraviesa la necesidad de adquirir a lo inmediato los productos para la pulpería tales como los comestibles, granos básicos y otros productos. Para ello ha acudido a Ceprodel para ser beneficiado con dicho crédito y de esta forma salir adelante en el negocio que hoy mas que nunca requiere de su apoyo.



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Journal entries for Erick José Nicaragua


Loan has been disbursed
 
Entrepreneur: Erick José Nicaragua
Location: Masaya, Nicaragua

Thank you for your loan. It has been disbursed to Erick José Nicaragua by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the 14 months of this loan, CEPRODEL will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Masaya, Nicaragua
May 20, 2009
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Kiva Help Repayment Schedule for Erick José Nicaragua

  Expected Repayments Actual Repayments Comments
August 2009 $64.38 $48.96 Repayment Received
September 2009 $66.31 $81.73 Repayment Received
October 2009 $68.30 $54.23 Repayment Received
November 2009 $70.35 $69.98 Repayment Received
December 2009 $72.46 $73.46  
January 2010 $74.63 Available Jan 1  
February 2010 $76.87 Available Feb 1  
March 2010 $79.18 Available Mar 1  
April 2010 $81.55 Available Apr 1  
May 2010 $84.00 Available May 1  
June 2010 $86.52 Available Jun 1  
July 2010 $89.12 Available Jul 1  
August 2010 $91.79 Available Aug 1  
September 2010 $94.54 Available Sep 1