Rosalio Martinez Cano


Status: Paying Back

$750.00   Loan Amount
9% repaid

About the Entrepreneur

Name: Rosalio Martinez Cano
Location: Chontales, Nicaragua
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $750.00
Loan Use: Plaster a room in his house
Repayment Term: 25 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 1, 2009
Date Disbursed: Aug 29, 2009
Date Funded:Sep 30, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:20.4947 NIO = 1 USD



Rosalio lives in area #6 of New Guinea. He works at the Rubèn Dario Institute, where he and his two oldest daughters are all employed as teachers. His wife Luisa is a high school teacher as well.


He is requesting his 6th loan from AFODENIC so that he can plaster a room in his house, thereby improving its condition. Rosalio is known for being a responsible and honest professional who demonstrates good conduct and moral credentials. He and his family are very close and everyone contributes toward the family expenses. It should be noted that his previous loan was used to build a comfortable room. His family aspires to improve their living conditions, have stable jobs, and maintain good health.

Translated from Spanish by Ronan Reodica, Kiva Volunteer


Rosalio vive en la zona # 6 de Nueva Guinea, trabaja en el instituto Rubèn Dario junto a sus dos hijas mayores de edad aquienes igual que su padre son docentes, su esposa Luisa tambien es docente de secundaria, esta solicitando su 6to crédito a la institución de AFODENIC para repellar la habitación en su casa y asi mejorar las condiciones del hogar, se ha caracterizado por ser un profesional muy responsable, honesto y ha demostrado buena conducta y moral crediticia, Rosalio y su familia son muy unidos y todos comparten los gastos familiares, cabe señalar que con el crédito anterior logro satisfactoriamente construir una habitación para una mejor comodidad, esta familia aspira tener una vivienda con mejores condiciones, tener estabilidad laboral y salud.


About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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Journal entries for Rosalio Martinez Cano


up date from managua
 
Entrepreneur: Rosalio Martinez Cano
Location: Chontales, Nicaragua

Mrs. Rosalio Martinez Cano is teaching high school, made home improvements, thanks to credit from Kiva funds, have plans to apply for a credit of 15,000.00 Cordobas to build its fourth, is satisfied with the changes you have made and gives thanks to Kiva for help her to improve their living conditions.


Posted by Claudia Garcia from Chontales, Nicaragua
Sep 19, 2009
Comment on this entry

Loan has been disbursed
 
Entrepreneur: Rosalio Martinez Cano
Location: Chontales, Nicaragua

Thank you for your loan. It has been disbursed to Rosalio Martinez Cano by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 22 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
Oct 1, 2009
Comment on this entry

Kiva Help Repayment Schedule for Rosalio Martinez Cano

  Expected Repayments Actual Repayments Comments
December 2009 $65.22 $73.48 Repayment Received
January 2010 $32.61 Available Jan 1  
February 2010 $32.60 Available Feb 1  
March 2010 $32.61 Available Mar 1  
April 2010 $32.61 Available Apr 1  
May 2010 $32.61 Available May 1  
June 2010 $32.61 Available Jun 1  
July 2010 $32.61 Available Jul 1  
August 2010 $32.61 Available Aug 1  
September 2010 $32.60 Available Sep 1  
October 2010 $32.61 Available Oct 1  
November 2010 $32.61 Available Nov 1  
December 2010 $32.61 Available Dec 1  
January 2011 $32.61 Available Jan 1  
February 2011 $32.61 Available Feb 1  
March 2011 $32.60 Available Mar 1  
April 2011 $32.61 Available Apr 1  
May 2011 $32.61 Available May 1  
June 2011 $32.61 Available Jun 1  
July 2011 $32.61 Available Jul 1  
August 2011 $32.61 Available Aug 1  
September 2011 $32.61 Available Sep 1