Concepcion Rosario Alvarez Reyes


Status: Paying Back

$550.00   Loan Amount
41% repaid

About the Entrepreneur

Name: Concepcion Rosario Alvarez Reyes
Location: San Lorenzo, Honduras
Activity: Food Market

About the Loan

Loan Amount: $550.00
Loan Use: Buy cicadas, salt, sodas, fruit
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 10, 2009
Date Disbursed: Jun 10, 2009
Date Funded:Jun 19, 2009

About the Country

Country:Honduras
Avg Annual Income:$3,009.00
Currency:Honduras Lempiras (HNL)
Exchange Rate:18.9150 HNL = 1 USD



Mrs. Concepcion Rosario Alverez is 5 years old and is married to Mr. Lorenzo Funez. She has 6 children, all of whom are married. She lives in a new neighborhood, Vista de Son Lorenzo. Her house is made of bricks and adobe. She lives with her grandson, who goes to school in the community. She sells fruit and sodas. She wants to sell cicadas, which is like a pork crackling, but larger and more toasted. Earlier, she had a grocery store, but it did not do well because there are many grocery stores in her area. This is why she is asking for a loan to start selling cicadas. She wants to sell a better product so her grandson can continue to study and prepare for his life.



Translated from Spanish by Caitlin Brooks, Kiva Volunteer


la señora CONCEPCION ROSARIO ALVAREZ de 55 años de edad, esta casada con el señor LORENZO FUNEZ, tienen 06 hijos, todos casados, ella vive en la colonia nueva Vista de san lorenzo su casa esta fabricada con ladrillos de adobe y vive con su nieto, el cual esta en la escuela de la comunidad. ella se dedica a la venta de frutas y frescos, ella desea vender chicharras que es muy parecido al chicharron pero mas grande y tostado, ya que anteriormente tenia una pulperia pero no le funciono debido a que en la zona hay muchas pulperias. es por esta razon que ella esta solocitando el credito ya que esta invirtiendo en las chicharras.

ella quiere comprar el producto por mayor

su deseo es que su nieto estudie y se prepare para la vida.

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Journal entries for Concepcion Rosario Alvarez Reyes


Loan has been disbursed
 
Entrepreneur: Concepcion Rosario Alvarez Reyes
Location: San Lorenzo, Honduras

Thank you for your loan. It has been disbursed to Concepcion Rosario Alvarez Reyes by Prisma Honduras, S.A. in Honduras. We are excited to watch this business grow. Over the 11 months of this loan, Prisma Honduras, S.A. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from San Lorenzo, Honduras
Jun 20, 2009
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Kiva Help Repayment Schedule for Concepcion Rosario Alvarez Reyes

  Expected Repayments Actual Repayments Comments
August 2009 $0.00 $45.83  
September 2009 $45.83 $45.83 Repayment Received
October 2009 $45.83 $45.83 Repayment Received
November 2009 $45.83 $45.83 Repayment Received
December 2009 $45.83 $45.83 Repayment Received
January 2010 $45.83 Available Jan 1 Repayment Received
February 2010 $45.83 Available Feb 1  
March 2010 $45.83 Available Mar 1  
April 2010 $45.83 Available Apr 1  
May 2010 $45.83 Available May 1  
June 2010 $45.83 Available Jun 1  
July 2010 $45.83 Available Jul 1  
August 2010 $45.87 Available Aug 1