Graciela Almendarez Maltez


Status: Paying Back

$1,175.00   Loan Amount
11% repaid

About the Entrepreneur

Name: Graciela Almendarez Maltez
Location: Managua, Nicaragua
Activity: Cafe

About the Loan

Loan Amount: $1,175.00
Loan Use: Purchase materials to build a new structure to house her business
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 1, 2009
Date Disbursed: Aug 11, 2009
Date Funded:Sep 20, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:20.4728 NIO = 1 USD



Graciela Almendarez Maltez is 43 years old and lives in the neighborhood of Esquí Pulas, which is located near the Masaya Highway. Both she and her husband work to cover the household expenses. They have three children who work and help them at home. They have plans to improve the living conditions for their family.


Doña Graciela has been operating a cafeteria for the past four years. Her greatest difficulty has been dealing with the unsuitable conditions of her existing location. Customers get wet when it rains and the sun becomes unbearable in the summer. In the future, she plans to build a new structure for her business. Doña Graciela will use her loan to buy construction materials so that she can start making improvements and provide better service. She thanks the Institution for making her business a better establishment.

Translated from Spanish by Ronan Reodica, Kiva Volunteer


La señora Graciela Almendarez Maltez, tiene la edad de 43 años, habita en el barrio Esquí pulas , ubicado hacia carretera Masaya, junto a su esposo el cual trabaja y le apoya con los gastos del hogar , ellos tiene tres hijos , los cuales trabajan y le apoyan , los planes hacia su familia es mejorar las condiciones de vida , doña Graciela desde hace cuatro años tiene un comedor , la mayor dificultad que se le presenta es que todavía no tiene bien acondicionado el local y cuando llueve ese moja el cual es un mal servicio y a que los clientes se mojan y en verano le afecta el sol , los planes futuros hacia su negocio es ver construido su local . Con el préstamo va a comprar materiales de construcción y poder comenzar hacer las mejoras y poder dar un mejor servicio. Da las gracia a la institución por hacer de su negocio un mejor centro de venta.

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Journal entries for Graciela Almendarez Maltez


Loan has been disbursed
 
Entrepreneur: Graciela Almendarez Maltez
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Graciela Almendarez Maltez by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 18 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
Sep 21, 2009
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Kiva Help Repayment Schedule for Graciela Almendarez Maltez

  Expected Repayments Actual Repayments Comments
November 2009 $65.28 $68.64 Repayment Received
December 2009 $65.28 $61.92 Repayment Received
January 2010 $65.27 Available Jan 1  
February 2010 $65.28 Available Feb 1  
March 2010 $65.28 Available Mar 1  
April 2010 $65.28 Available Apr 1  
May 2010 $65.27 Available May 1  
June 2010 $65.28 Available Jun 1  
July 2010 $65.28 Available Jul 1  
August 2010 $65.28 Available Aug 1  
September 2010 $65.27 Available Sep 1  
October 2010 $65.28 Available Oct 1  
November 2010 $65.28 Available Nov 1  
December 2010 $65.28 Available Dec 1  
January 2011 $65.27 Available Jan 1  
February 2011 $65.28 Available Feb 1  
March 2011 $65.28 Available Mar 1  
April 2011 $65.28 Available Apr 1