Damaris Margarita Bermudez


Status: Paying Back

$1,125.00   Loan Amount
20% repaid

About the Entrepreneur

Name: Damaris Margarita Bermudez
Location: Managua, Nicaragua
Activity: Food Market

About the Loan

Loan Amount: $1,125.00
Loan Use: To buy basic grains, soda, juice and candy
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 1, 2009
Date Disbursed: Jun 19, 2009
Date Funded:Jul 23, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.7740 NIO = 1 USD



Damaris Margarita is 41 years old, lives in the 380 neighborhood in the capital of Managua and has two children of 16 and 22 years of age who are in school. Her business is a small local store that she has run for several years and at night she makes fried food in order to obtain more income. She began with savings and later opted for loans in order to make her business grow and to be able to offer her clients a variety of products such as different dishes. With this loan, she wants to invest in the purchase of basic grains, drinks such as soda and juice, candy, and canned products among other things. Her plan is to be able to help her children finish their studies. She gives thanks to the institution for support with the loans because she has benefited from them by investing in her business.

Translated from Spanish by Tara Binetti, Kiva Volunteer


La señora Damaris Margarita tiene la edad de 41 años, reside en el barrio 380 en la capital de Managua, tiene dos hijos de 16 y 22 años de edad, que estudian, su negocio es una pequeña pulpería que administra desde hace varios años y por las noches hace fritanga para obtener mejores ingreso, inicio con ahorros, luego opto por prestamos para hacer crecer su negocio y poder ofertar a sus clientes la variedad de producto como diferentes platillos. Con este crédito quiere invertir en la compra de granos básicos, bebidas como: gaseosas, jugos. Golosinas, productos enlatados entre otros. Sus planes es poder ayudar a sus hijos que concluyan sus estudios. Da las gracias a la institución por el apoyo de los préstamos ya que se ha beneficiado para invertir en su negocio.

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Journal entries for Damaris Margarita Bermudez


Loan has been disbursed
 
Entrepreneur: Damaris Margarita Bermudez
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Damaris Margarita Bermudez by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 15 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
Jul 24, 2009
Comments (2)

Kiva Help Repayment Schedule for Damaris Margarita Bermudez

  Expected Repayments Actual Repayments Comments
September 2009 $0.00 $82.07  
October 2009 $75.00 $0.00 Repayment Received
November 2009 $75.00 $73.44 Repayment Received
December 2009 $75.00 $73.14 Repayment Received
January 2010 $75.00 Available Jan 1  
February 2010 $75.00 Available Feb 1  
March 2010 $75.00 Available Mar 1  
April 2010 $75.00 Available Apr 1  
May 2010 $75.00 Available May 1  
June 2010 $75.00 Available Jun 1  
July 2010 $75.00 Available Jul 1  
August 2010 $75.00 Available Aug 1  
September 2010 $75.00 Available Sep 1  
October 2010 $75.00 Available Oct 1  
November 2010 $75.00 Available Nov 1  
December 2010 $75.00 Available Dec 1