Maria Fidelina Castro Lopez


Status: Paying Back

$800.00   Loan Amount
44% repaid

About the Entrepreneur

Name: Maria Fidelina Castro Lopez
Location: Managua, Nicaragua
Activity: Natural Medicines

About the Loan

Loan Amount: $800.00
Loan Use: Purchase Omnilife products
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 20, 2009
Date Disbursed: May 13, 2009
Date Funded:May 21, 2009

About the Country

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



Maria Castro is 54 years old and lives in the Walter Ferreti neighbourhood in Managua. Her husband works as a city supervisor. She has two children who attend school and one who is grown-up. As a mother, she strives to support her children and improve their quality of life.

Maria Castro runs her own business selling natural products and lottery tickets as a street vendor. She has sold lottery tickets for 14 years and Omnilife products for 3. She set up the business with her own funds and has overcome all obstacles through hard work and her ability to accomplish her goals.

Thanks to the loans she received through Afodenic, she has increased her product quantities. She would like to continue to expand her business by purchasing aloe-based supplements, Ego 10 (an energy drink) and other products. These will generate better profits that will benefit her family.




Translated from Spanish by Carolyn McCaffrey, Kiva Volunteer


La Señora. Maria Castro tiene 54 años de edad, habitante de barrio Walter Ferreti en la capital de Managua, su esposo se desempeña como supervisor de la Alcaldía, tiene tres hijos dos los tiene estudiando y la mayor es independiente. Como madre su objetivo es que sus hijos mejoren su nivel de vida y seguirle apoyándolos. Doña Maria Castro tiene su propio negocio ella comercializa productos naturales y lotería ambulantemente desde hace catorce años vende los trocito de lotería y 3 años vendiendo productos omnilife. Iniciándolo con fondos propios, siendo una mujer trabajadora y capaz de cumplir sus metas y objetivos ha salido delante de toda dificultad que se le ha presentado. Gracias a los prestamos en Afodenic a logrado aumentar las cantidades de productos. Con este siguiente préstamo quiere seguir fomentando el desarrollo de su negocio con las comprar de: nutricionales de aloe, ego 10 y otros productos. Los cuales generan mayores utilidades y beneficios para su familia.



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Journal entries for Maria Fidelina Castro Lopez


Loan has been disbursed
 
Entrepreneur: Maria Fidelina Castro Lopez
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Maria Fidelina Castro Lopez by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 9 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 22, 2009
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Kiva Help Repayment Schedule for Maria Fidelina Castro Lopez

  Expected Repayments Actual Repayments Comments
September 2009 $88.89 $90.29 Repayment Received
October 2009 $88.89 $89.73 Repayment Received
November 2009 $88.89 $89.17 Repayment Received
December 2009 $88.89 $89.46 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 $88.89 Available Apr 1  
May 2010 $88.88 Available May 1