Roger Antonio Aguilera Meza


Status: Paying Back

$500.00   Loan Amount
25% repaid

About the Entrepreneur

Name: Roger Antonio Aguilera Meza
Location: Leon, Nicaragua
Activity: Vehicle Repairs

About the Loan

Loan Amount: $500.00
Loan Use: Purchase tools for his auto glass repair business
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 17, 2009
Date Disbursed: Sep 9, 2009
Date Funded:Sep 17, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:20.5473 NIO = 1 USD



Roger Antonio Aguilera Meza is 31 years old. He is a very responsible man who lives with his partner in life. He provides auto glass repair services. Roger started his business 6 years ago using his own savings. He was previously in the construction business and had to travel to distant places on a bicycle. Because of his work, he was forced to spend a lot of time away from his family, so he decided to start his own business. Over time, he has been able to acquire customers.


The loan Roger requested will be used to buy tools for his business. He hopes to finish construction of his modest home.

Translated from Spanish by Ronan Reodica, Kiva Volunteer


Roger Antonio Aguilera Meza tiene 31 años. Es un hombre muy responsable vive con su compañera de vida. La actividad económica a la que se dedica es brindar servicio de reparación de vidrios automotrices. Hace más de 6 años que inicio con este negocio con ahorros que tenia, por lo que anteriormente se dedicaba a brindar los servicios de construcción todos los días Roger trabajaba y tenía que transportarse en una bicicleta pero debido a que los lugares a los que iban eran muy lejanos y pasaba mucho tiempo lejos de su familia, por lo que decide establecer su propio negocio y así con el tiempo fue adquiriendo clientes. El solicita el financiamiento para la compra de herramientas para su negocio. El deseo de Roger es terminar de construir su humilde vivienda.


Important Information About This Loan
In mid 2008, a movement began in Nicaragua called “Movimiento No Pago” (a movement for non-payment of loans). This movement, supported mostly by farmers of the north of Nicaragua with ties to the left-wing party in Nicaragua, has been organizing protests and making it difficult for some branches of microfinance institutions to operate normally. This movement has been fed by the global the economic crisis, which has made it more difficult for Nicaraguans to pay back their loans. This group has submitted a law to the government to create a moratorium on debt repayment. If passed, the law could have a severe effect on the microfinance industry and banking sector in Nicaragua. Recent information indicates that the situation may be improving as the President of Nicaragua has spoken out against this law and would not support its passage in its current form. The network of microfinance institutions in Nicaragua (ASOMIF) has been negotiating with the government in support of an alternative proposal. Kiva, along with 25 other funders from 9 countries, has signed onto a letter to the Nicaraguan government urging a resolution to this situation without enacting a moratorium on debt repayment. The potential passage of the debt moratorium increases the risk of lending in Nicaragua. For more information, please see the following articles: http://impreso.elnuevodiario.com.ni/2009/09/24/nacionales/110236; http://www.laprensa.com.ni/archivo/2009/octubre/16/noticias/economia/355010.shtml

Subscribe

Lenders to this entrepreneur

Martin
Gallup, NM

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

James McGovern
Bloomfield, CT
United States

Helene
Seabrook, TX
United States

Steve
Morgan Hill, CA
United States

John
Exeter, Tasmania
Australia

Jim and Nancy
Manakin, VA
United States

Danny
Shanghai,
China

kymkhi
dry ridge, KY
United States

Colleen
Kent, WA
United States

Ryan
Denver, CO
United States

Frank
Bakersfield, CA
United States

yuki-H
Tsuchiura, Ibaraki
Japan

Jim KivaFriends.org
Fort Worth, Texas
United States

Barbara
Santa Barbara, CA
United States

Anonymous
Toronto, Ontario
Canada

Elizabeth
Jackson, WY
United States

Dirk
San Jose, CA
United States

Christopher
Lubbock, TX
United States



Top Lending Teams for this entrepreneur


Cooper Union
Colleges/Universities
19 Members

The Flying Spaghetti Monster
Religious Congregations
1096 Members

KivaFriends.org
Common Interest
957 Members

Springer Elementary School
Schools
11 Members

OWASP
Common Interest
23 Members

Journal entries for Roger Antonio Aguilera Meza


Loan has been disbursed
 
Entrepreneur: Roger Antonio Aguilera Meza
Location: Leon, Nicaragua

Thank you for your loan. It has been disbursed to Roger Antonio Aguilera Meza by Fundación Leon 2000 in Nicaragua. We are excited to watch this business grow. Over the 3 months of this loan, Fundación Leon 2000 will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Leon, Nicaragua
Sep 18, 2009
Comment on this entry

Kiva Help Repayment Schedule for Roger Antonio Aguilera Meza

  Expected Repayments Actual Repayments Comments
December 2009 $125.00 $125.00 Repayment Received
January 2010 $125.00 Available Jan 1  
February 2010 $125.00 Available Feb 1  
March 2010 $125.00 Available Mar 1