Eveling Violeta Sanchez Vado


Status: Paying Back

$650.00   Loan Amount
67% repaid

About the Entrepreneur

Name: Eveling Violeta Sanchez Vado
Location: Managua, Nicaragua
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $650.00
Loan Use: Buy construction materials for room-rental business.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 12, 2009
Date Disbursed: Jun 9, 2009
Date Funded:Jun 19, 2009

About the Country

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



Dona Eveling Violeta Sanchez, 50, operates a business selling cosmetics and renting rooms. She's been selling cosmetics for twelve years and renting rooms for four years and the business has provided her a means to support her five children, three now grown and two still in school. Sra. Eveling is 50 years old and lives in the Villa Reconciliacion neighborhood. Her husband is a construction foreman and he's working in Costa Rica. This is her fourth Afodenic loan. She will use the loan to purchase construction materials so that she can improve the rooms that she rents and, in turn, increase her prices and provide a better service to her customers. In the future, she hopes to be able to rent other room and generate more revenue. She's very grateful to the institution for helping her.

Translated from Spanish by Jere Wiseman, Kiva Volunteer


Doña Eveling Violeta Sánchez tiene la edad de 50 años, su negocio es la venta cosméticos y alquiler de cuarto, en sus ventas lleva doce años en el mercado, alquilando cuarto cuatro años el cual ha sido de muchos beneficios para apoyar a sus cinco hijos tres son mayores y dos están cursando sus estudios. La señora Eveling tiene la edad de 50 años, reside en el barrio Villa Reconciliación, su esposo es maestro de obra y esta laborando en el país de Costa Rica. Este es su cuarto crédito en Afodenic y lo invertirá en la compra de materiales de construcción para hacer mejoras a los cuartos que tiene alquilando así podrá tener mejor precio y mejor servicios a sus clientes. A futuro espera lograr hacer otros cuartos que le generen más ganancias. Da las gracias a la institución por el apoyo otorgado.




About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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Journal entries for Eveling Violeta Sanchez Vado


Loan has been disbursed
 
Entrepreneur: Eveling Violeta Sanchez Vado
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Eveling Violeta Sanchez vado by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 6 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 20, 2009
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Kiva Help Repayment Schedule for Eveling Violeta Sanchez Vado

  Expected Repayments Actual Repayments Comments
September 2009 $108.33 $111.32 Repayment Received
October 2009 $108.33 $108.17 Repayment Received
November 2009 $108.33 $109.90 Repayment Received
December 2009 $108.33 $108.28 Repayment Received
January 2010 $108.33 Available Jan 1  
February 2010 $108.35 Available Feb 1