Oscar Antonio García


Status: Paying Back

$700.00   Loan Amount
27% repaid

About the Entrepreneur

Name: Oscar Antonio García
Location: Masaya, Nicaragua
Activity: Shoe Sales

About the Loan

Loan Amount: $700.00
Loan Use: To buy materials for making footwear
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 3, 2009
Date Disbursed: Aug 3, 2009
Date Funded:Sep 29, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:20.5061 NIO = 1 USD



Mr. Oscar Antonio García works in the Masaya province making and selling typical Nicaraguan sandals. He sells these at his own place of business where many customers go to purchase them.

To carry out this activity, Oscar needs to buy raw materials like leather, thread, rubber, needles, and buckles among other things. To do this, he has gone to Ceprodel to request a loan in order to buy these products and in this way continue selling sandals at his place of business.


Translated from Spanish by Sarah Shimmin, Kiva Volunteer



El señor Oscar Antonio García se dedica en el departamento de Masaya a su actividad de elaboración y venta de sandalias típicas nicaragüenses siendo comercializadas por él mismo en su establecimiento donde muchos clientes llegan a comprarle el producto.

Para llevar a cabo esta actividad, el señor Oscar requiere de la compra de material prima como lo es el cuero, hilo, hule, agujas, hebillas, entre otros. Para esto acude a Ceprodel para solicitar un crédito para la compra de dichos productos y de esta manera continuar comercializándolos en su establecimiento.


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Journal entries for Oscar Antonio García


Loan has been disbursed
 
Entrepreneur: Oscar Antonio García
Location: Masaya, Nicaragua

Thank you for your loan. It has been disbursed to Oscar Antonio García by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the 11 months of this loan, CEPRODEL will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Masaya, Nicaragua
Sep 30, 2009
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Kiva Help Repayment Schedule for Oscar Antonio García

  Expected Repayments Actual Repayments Comments
November 2009 $54.65 $130.57 Repayment Received
December 2009 $56.30 $62.13 Repayment Received
January 2010 $57.98 Available Jan 1 Repayment Received
February 2010 $59.72 Available Feb 1  
March 2010 $61.52 Available Mar 1  
April 2010 $63.35 Available Apr 1  
May 2010 $65.26 Available May 1  
June 2010 $67.22 Available Jun 1  
July 2010 $69.24 Available Jul 1  
August 2010 $71.31 Available Aug 1  
September 2010 $73.45 Available Sep 1