Teresa De Los Angeles Alvarez Picado


Status: Paying Back

$225.00   Loan Amount
33% repaid

About the Entrepreneur

Name: Teresa De Los Angeles Alvarez Picado
Location: Chontales, Nicaragua
Activity: Retail

About the Loan

Loan Amount: $225.00
Loan Use: New clothing sales
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 1, 2009
Date Disbursed: Jun 27, 2009
Date Funded:Jul 1, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.7640 NIO = 1 USD



Teresa is single, 27 years old, and works as a teacher. Additionally, she does housework at her friend’s house where she receives remuneration. She is asking for her first loan which she will use to strengthen her business by selling new clothing on mountain passes on the weekends. She has served 4 years as a teacher at MINED Santo Tomas. The representative of MINED has promised to withhold her salary for the payment of her dues, and the rest of the professors in her group of 4 will be waiting for her to complete her loan repayment. In business she does very well, relying on her experience and selected clientele that never let her down.

Translated from Spanish by Kelley Maynard, Kiva Volunteer


Teresa es soltera, de 27 años de edad, trabaja como maestra popular, ademas realiza labores domesticas en casa de un amigo donde recibe remuneracion, esta solicitando su 1er credito el que utilizara para reforzar su negocio de venta de ropa nueva que realiza los fines de semana en puertos de montaña, tiene 4 años de servicio en MINED Santo Tomas como maestra popular. Podemos decir que la delegada del MINED se ha comprometido con la retencion de su salario para el pago de sus cuotas y el resto de profesoras que es un grupo de 4 estaran pendientes del cumplimiento de pago del credito. En el negocio a ella le va muy bien, pues cuenta con experiencia y clientela seleccionada que nunca le quedan mal.

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Lenders to this entrepreneur

Kay
Columbia, MD KivaFriends.org
United States

Mike
Silver Spring, MD
United States

Global Private Funding
Amsterdam * Colombo * Dubai * London * New York * Shanghai * Singapore,

Laurent D
Brussels,
Belgium

Fredric
Unionville, VA
United States

Flavio
Sarmeola di Rubano, Padova
Italy

nuno
alges, lisboa
Portugal

Patrick
Sherbrooke, Qc
Canada

Lisa
Mesa, AZ
United States



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Journal entries for Teresa De Los Angeles Alvarez Picado


Loan has been disbursed
 
Entrepreneur: Teresa De Los Angeles Alvarez Picado
Location: Chontales, Nicaragua

Thank you for your loan. It has been disbursed to Teresa de los Angeles Alvarez Picado by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 11 months of this loan, AFODENIC will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Chontales, Nicaragua
Jul 2, 2009
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Kiva Help Repayment Schedule for Teresa De Los Angeles Alvarez Picado

  Expected Repayments Actual Repayments Comments
September 2009 $18.75 $18.75 Repayment Received
October 2009 $18.75 $18.75 Repayment Received
November 2009 $18.75 $18.75 Repayment Received
December 2009 $18.75 $18.75 Repayment Received
January 2010 $18.75 Available Jan 1  
February 2010 $18.75 Available Feb 1  
March 2010 $18.75 Available Mar 1  
April 2010 $18.75 Available Apr 1  
May 2010 $18.75 Available May 1  
June 2010 $18.75 Available Jun 1  
July 2010 $18.75 Available Jul 1  
August 2010 $18.75 Available Aug 1