Karolina Del Socorro Suarez Ruiz


Status: Paying Back

$650.00   Loan Amount
44% repaid

About the Entrepreneur

Name: Karolina Del Socorro Suarez Ruiz
Location: Managua, Nicaragua
Activity: Farm Supplies

About the Loan

Loan Amount: $650.00
Loan Use: purchase fertilizer and supplies
Repayment Term: 20 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Jun 9, 2009
Date Disbursed: May 27, 2009
Date Funded:Jun 10, 2009

About the Country

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



Karolina del Socorro Suárez is 24 years old and lives with her parents in the Benjamín Zeledón neighborhood located in the municipality of Ticuantepe. She is a single mother and has two children under her care; one is seven years old, and the other is an eleven-month-old baby. She hopes to improve her family’s living conditions and to be one day build her own house. Since she was 18 years old, Karolina has worked in agriculture; the biggest difficulty that she faces is a lack of financing. She began working in agriculture with help from her father. With this loan she will purchase fertilizer and supplies to apply to her crop to have a good yield.

Translated from Spanish by Mariela Cedeno, Kiva Volunteer


La señora Karolina del Socorro Suárez, tiene la edad de 24 años, habita en el barrio Benjamín Zeledón , ubicado en el municipio de Ticuantepe , junto a sus padres , ella es madre soltera , a su cargo tiene dos hijos , uno de siete años y un bebe de once meses , los planes hacia su familia es mejorar las condiciones de vida y poder hacer algún día su casa propia , doña Karolina desde hace 18 años , trabaja como agricultura la mayor dificultad que se le presenta es la falta de financiamiento , ella inicio esta actividad con apoyo de su papá , Con el préstamo obtenido va a comprar fertilizantes e insumos para aplicar al cultivo y poder tener una buena cosecha.

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Journal entries for Karolina Del Socorro Suarez Ruiz


Loan has been disbursed
 
Entrepreneur: Karolina Del Socorro Suarez Ruiz
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Karolina del Socorro Suarez Ruiz by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 18 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
Jun 11, 2009
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Kiva Help Repayment Schedule for Karolina Del Socorro Suarez Ruiz

  Expected Repayments Actual Repayments Comments
August 2009 $0.00 $69.93  
September 2009 $0.00 $57.71  
October 2009 $0.00 $54.99  
November 2009 $0.00 $53.21  
December 2009 $0.00 $55.51  
January 2011 $650.00 Available Jan 1