Enoe Mercedes Garcia Corrales


Status: Paying Back

$800.00   Loan Amount
55% repaid

About the Entrepreneur

Name: Enoe Mercedes Garcia Corrales
Location: Managua, Nicaragua
Activity: Beauty Salon

About the Loan

Loan Amount: $800.00
Loan Use: To purchase hair dyes, shampoo, and creams, among other products.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 19, 2009
Date Disbursed: May 7, 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



Enoe García is 25 years old, and lives in the Batahola Sur neighborhood in the capital of Managua. She has one son who is three years old. One of her short-term goals is to continue the construction of her home. Enoe is a stylist, having established a beauty salon in her own house. She also sells CDs and DVDs in order to generate more income. She has three and a half years of experience in the beauty salon business, offering services of excellent quality. Thanks to the loans through Afodenic, she managed to remodel her business and buy new beauty products such as: hair dyes, shampoo, creams, gel, among other items, providing good service and protection for her customers. Her goals are to grow her customer base and increase sales.

Translated from Spanish by Mary Lynn Malaby, Kiva Volunteer


El Señora. Enoe García tiene la edad de 25 años, del barrio Batahola Sur en la capital de Managua, tiene un hijo de tres años. Unos de sus planes para corto plazo es el seguimiento de la construcción de su vivienda.Doña Enoe de profesión estilista, estableció su propio salón de belleza en su casa de habitación, también tiene las venta de CD y DVD con un ingreso económico mas, con tres años y medio de experiencia en el ramo de belleza , ofreciendo su servicio de excelente calidad. Gracias a los préstamos en Afodenic lograra remodelar su negocio y comprar nuevos productos de belleza como: tintes, shampoo, cremas, gel y otros, brindando un buen servicio y protección a sus clientes. Las metas es aumentar las cantidades de cliente, de ventas y poder atraer más clientes.

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Journal entries for Enoe Mercedes Garcia Corrales


Loan has been disbursed
 
Entrepreneur: Enoe Mercedes Garcia Corrales
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Enoe Mercedes Garcia Corrales by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 8 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 Enoe Mercedes Garcia Corrales

  Expected Repayments Actual Repayments Comments
August 2009 $88.89 $89.23 Repayment Received
September 2009 $88.89 $88.55 Repayment Received
October 2009 $88.89 $88.89 Repayment Received
November 2009 $88.89 $88.89 Repayment Received
December 2009 $88.89 $88.89 Repayment Received
January 2010 $88.89 Available Jan 1  
February 2010 $88.89 Available Feb 1  
March 2010 $88.89 Available Mar 1  
April 2010 $88.88 Available Apr 1