Armando Javier Zeas Sánchez


Status: Paying Back

$550.00   Loan Amount
38% repaid

About the Entrepreneur

Name: Armando Javier Zeas Sánchez
Location: Masaya, Nicaragua
Activity: Embroidery

About the Loan

Loan Amount: $550.00
Loan Use: Buy work materials
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 26, 2009
Date Disbursed: May 7, 2009
Date Funded:May 26, 2009

About the Country

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



At 41 years of age, in the city of Masaya, Armando Zeas makes typical hammocks. He has been doing this for seven years, and he has achieved a high level of experience in this work.

Currently, Armand needs to buy work materials to make his hammocks, which are commercialized as much to Nicaraguans as to foreigners. For this reason he has come to Ceprodel to ask for a loan. He will use the loan to buy work materials to continue making this beautiful, typical, Nicaraguan hammocks for everyone.



Translated from Spanish by Ginny Kalish, Kiva Volunteer



A sus 41 años de edad, en la ciudad de Masaya, el señor Armando Zeas se dedica a su actividad de elaboración de hamacas típicas dedicándose a esto desde hace 7 años habiendo alcanzado una gran experiencia en este trabajo.

Actualmente, el señor Armando requiere de la compra de los materiales de trabajo para elaborar las hamacas ya que son comercializadas tanto a personas nacionales como a extranjeros. Es por este motivo que él ha acudido a Ceprodel para solicitar un crédito para la compra de dichos materiales de trabajo con el fin de continuar elaborando estas bellísimas hamacas típicas Nicaragüenses para todas las personas.


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Lenders to this entrepreneur

Syner-es
S.A. Benageber-Valencia, España
Spain

Karen and Gery
KivaFriends.org, Monarch Beach, CA USA
United States

Anonymous
Grand Cayman,
Cayman Islands

Lorna & Critters
Kanata, Ontario
Canada

Jennifer
Joshua Tree, CA
United States

Vickie
Raleigh, NC
United States

Anonymous

United States

Poverty2Prosperity
San Francisco Bay Area, CA
United States

ania
south yarra, Victoria
Australia

Jackie

Canada

Warren
Orangeville,, Ontario
Canada

CherylS
kivafriends.org, Littleton, NC
United States

RaviG
Los Altos Hills, CA
United States

Tobias Steinbrecher
Augsburg,
Germany

Kendra
Ridgefield, WA
United States

Patricia
San Francisco, California
United States

Susan
San Antonio, Texas
United States

Jerome
Vancouver, BC
Canada

Rebecca
Utica, NY
United States



Top Lending Teams for this entrepreneur


A-Tisket A-Tasket
Friends
38 Members

Kiva San Francisco
Local Area
146 Members

KivaFriends.org
Common Interest
956 Members

Carleton University
Colleges/Universities
6 Members

España - Spain
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222 Members

Journal entries for Armando Javier Zeas Sánchez


Loan has been disbursed
 
Entrepreneur: Armando Javier Zeas Sánchez
Location: Masaya, Nicaragua

Thank you for your loan. It has been disbursed to Armando Javier Zeas Sánchez by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the 11 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 27, 2009
Comments (1)

News from Nicaragua: An Update on Armando Javier Zeas Sánchez' Loan
 
Entrepreneur: Armando Javier Zeas Sánchez
Location: Masaya, Nicaragua

This Kiva Fellow had the good fortune to interview Armando Javier Zeas Sánchez at ZEAS, his hammock store in Masaya, a city famous for its artisans and residents proud of their reputation as fierce fighters earned from many centuries of uprisings against the Spanish, the American mercenary and confederate William Walker (who appointed himself president of Nicaragua), the U.S. Marines and Somoza's National Guard.

Don Armando is paying back his loan with Kiva partner CEPRODEL. He and his wife, Rosa (pictured), have been making, selling and repairing cotton hammocks for more than 20 years. They have four employees and hope to export their hammocks in the future. They sell custom hammocks of all sizes and are happy to monogram them. They are parents of a 20-year-old daughter, a 10-year-old son and a five-year-old son.

They thank you for investing in their business and their family.

About CEPRODEL:

Founded in 1991, the Centro de Promoción del Desarrollo Local (CEPRODEL) is a nonprofit organization (NGO) based in Managua that provides socioeconomic development programs in rural and urban communities to help alleviate poverty throughout western Nicaragua. More than 75% of CEPRODEL's Kiva loans are to women. If you enjoyed this journal and would like to receive occasional updates on the work CEPRODEL is doing Join the Fans of CEPRODEL Kiva Lending Team , make another loan to a CEPRODEL client if available, and/or tune into the next episode of the novela, "As the Microfinance Mundo Turns," on the Kiva Fellows Blog.


Posted by Susan Arthur from Masaya, Nicaragua
Aug 19, 2009
Comments (1)

Kiva Help Repayment Schedule for Armando Javier Zeas Sánchez

  Expected Repayments Actual Repayments Comments
August 2009 $42.94 $36.74 Repayment Received
September 2009 $44.23 $50.43 Repayment Received
October 2009 $45.56 $36.48 Repayment Received
November 2009 $46.92 $44.37 Repayment Received
December 2009 $48.33 $46.32  
January 2010 $49.78 Available Jan 1  
February 2010 $51.28 Available Feb 1  
March 2010 $52.81 Available Mar 1  
April 2010 $54.40 Available Apr 1  
May 2010 $56.03 Available May 1  
June 2010 $57.72 Available Jun 1