Francisco Moreno Espinoza


Status: Expired

$1,000.00   Loan Request

About the Entrepreneur

Name: Francisco Moreno Espinoza
Location: Managua, Nicaragua
Activity: Clothing Sales

About the Loan

Loan Amount: $1,000.00
Loan Use: Buy clothes and shoes
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 1, 2009
Date Disbursed: Aug 25, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:20.4870 NIO = 1 USD



Francisco, 50, lives in the Laureles Norte neighborhood in the capital. He and his wife have four children, ages 5, 7, 20, and 25. Two of the children are independent, and two go to school.

He and his wife have formed a business selling clothes. She sells in the north of the country. He also sells clothes, shoes, and cosmetics. He started this business eight years ago with help from his family. With loans he has been able to invest in buying more inventory in order to have greater income.

With this loan he will buy clothes and shoes to sell in San Pedro del Norte. He will also make a concrete wall. His plan is to be able to buy a plot in San Pedro del Norte and increase the number of customers he has.

He is grateful to Afodenic for being able to establish his own business. He has had good earnings in these years, and he has been able to see to his family’s well being.

Translated from Spanish by Ginny Kalish, Kiva Volunteer


Don Francisco de 50 años de edad, reside en un barrio de la capital en los Laureles Norte, casado, su esposa le tiene cuatro hijos de 5,7,20y 25 años de edad, dos independiente y dos estudian, junto con su esposa han formado el negocio de venta de ropa, ella vende al norte del país, y el también vende ropa, zapatos y productos de cosmético, negocio que inicio hace ocho años con ayuda de la familia y que mediante los préstamo ha logrado invertir en la compra de mas inventario para tener mejores ganancias. Con este préstamo comprara ropa, zapatos para vender en San pedro del norte, también hará una pared de concreto. Sus planes es poder comprar un tramo en san pedro del norte y ampliar la clientela. Da las gracias Afodenic por lograr poder establecerse en su negocio ya que ha tenido buenas ganancias estos años y podido dar a su familia un bienestar.

Subscribe

Lenders to this entrepreneur

Laurent D
Brussels,
Belgium

Markus Härnvi
Uppsala, --
Sweden

Rebecca
lexington, MA
United States

Good Dogg
Front Porch, www.kivafriends.org
United States

Will
Excelsior, MN
United States

Irena
Pacifica, CA
United States

Grant & Jo

Australia

anna
Luleå, Norrbotten
Sweden

Bonnie & Mike
Rockton, IL
United States

Ramona
KivaFriends.org, Berlin
Germany

Stephanie
glenside, PA
United States

Jennifer
New York, NY
United States

Kent
Edmonton, Alberta
Canada

Paul
Philadelphia, PA
United States

Rohitesh
Menlo Park, CA
United States

carien bitar-boerboom
KivaFriends.org, s hertogenbosch
Netherlands

Brian
Cincinnati, OH
United States

Charles
Annapolis, MD
United States

The Alaska Pack
KivaFriends.org, Anchorage, AK
United States

Daniel
Columbus, OH
United States

evetrapeze
Itasca, IL
United States

Nicholas
Tustin, CA
United States

Janet
sellersville, PA
United States



Top Lending Teams for this entrepreneur


Late Loaning Lenders
Common Interest
154 Members

One
Common Interest
66 Members

Lebanon
Common Interest
58 Members

Australia
Local Area
1494 Members

none of the above
Common Interest
106 Members

Kiva Help Repayment Schedule for Francisco Moreno Espinoza

  Expected Repayments Actual Repayments Comments
December 2009 $111.11 Available Dec 1  
January 2010 $111.11 Available Jan 1  
February 2010 $111.11 Available Feb 1  
March 2010 $111.11 Available Mar 1  
April 2010 $111.12 Available Apr 1  
May 2010 $111.11 Available May 1  
June 2010 $111.11 Available Jun 1  
July 2010 $111.11 Available Jul 1  
August 2010 $111.11 Available Aug 1