Julián Obando Mercado


Status: Paying Back

$750.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Julián Obando Mercado
Location: Managua, Nicaragua
Activity: Farm Supplies

About the Loan

Loan Amount: $750.00
Loan Use: Purchase farm supplies and fertiliser
Repayment Term: 17 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Jul 18, 2009
Date Disbursed: Jul 6, 2009
Date Funded:Jul 21, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:20.3723 NIO = 1 USD



Julián Obando Mercado is 48 years old and lives with his wife, who works and helps him cover household expenses, in the San José Los Rios neighbourhood located in the municipality of Ticuantepe. They have three adolescent children who attend school and work in their free time. He plans to improve his family’s living conditions.

Julián has worked in agriculture for 20 years. He started out with the help of agrarian reform. He plans to diversify his crops.

With this loan, he will purchase fertilsers and supplies to produce a good yield to sell at a good price in the market. He thanks AFODENIC for making these beneficial improvements on his farm possible.

Translated from Spanish by Carolyn McCaffrey, Kiva Volunteer


El señor Julián Obando Mercado, tiene la edad de 48 años, habita en el barrio San José Los Ríos, ubicado en el municipio de Ticuantepe , junto a su esposa la cual trabaja y le apoya con los gastos del hogar , ellos tiene tres hijos , todos adolescentes , los cuales estudian y trabajan con el en sus tiempos libres , los planes hacia su familia es mejorar las condiciones de vida , desde hace 20 años , don Julián se dedica a la agricultura, el inicio esta actividad con ayuda de la reforma agraria , los planes hacia su cultivo es diversificarlo . Con el préstamo va a comprar fertilizantes e insumos y poder tener una buena producción para vender a buen precio al mercado. Da las gracias a la institución por hacer posible las mejoras a sus cultivo lo que lograra buenos beneficios.

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Journal entries for Julián Obando Mercado


Loan has been disbursed
 
Entrepreneur: Julián Obando Mercado
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Julián Obando Mercado 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 22, 2009
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Kiva Help Repayment Schedule for Julián Obando Mercado

  Expected Repayments Actual Repayments Comments
December 2010 $750.00 Available Dec 1