Damaso Nelvin Hernandez Perez


Status: Paying Back

$400.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Damaso Nelvin Hernandez Perez
Location: Managua, Nicaragua
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $400.00
Loan Use: Purchase railing, tiles, and cement
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 10, 2009
Date Disbursed: Sep 30, 2009
Date Funded:Oct 17, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:20.6078 NIO = 1 USD



Sr. Dámaso is 40 years old and works on different homebuilding projects in Managua. He makes a decent living, but his work takes tremendous effort and requires that he spend the entire day in the sun. He and his wife live in Laureles Sur. They have three children who attend elementary school.


Over time, Dámaso has been building a home for his family in the same manner he constructs other houses. Using a loan from AFODENIC, he will buy railing, sand, and cement. He wants to lay down tile and install windows in order to provide his family with a decent and secure home any human being would want. Dámaso encounters difficulties at times because he is not able to secure contracts and it can take a few weeks to find construction jobs. He only needs a few jobs in order to earn enough income to feed his family. He thanks the Institution for encouraging families to improve their housing situation and providing them with financing.

Translated from Spanish by Ronan Reodica, Kiva Volunteer


El señor Dámaso de 40 años, se desempeña de albañil en los diferentes proyectos de vivienda de la capital, gana bien pero es un trabajo bien forzado de fuerza y a veces pasa todo el día en el sol. Reside en Laureles Sur, su esposa procreo tres hijos todos estudian su primaria. Poco a poco ha ido haciendo su casa, con la ventaja de que el mismo la construye, con el financiamiento en Afodenic lograra comprar verjas, arena cemento ya que desea embaldosar y poner las ventanas más seguras y poder dar a su familia una casa digna como todo ser humano sueña. Sus dificultades es que a veces no hay contratos y me llevo algunas semanas para encontrar trabajo en la construcción. Solo con pocos rumbos en el cual gana solo para la alimentación. Da las agracias a la institución por la oportunidad de promover en cada familia mejorar nuestras vivienda con financiamiento.


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

Subscribe

Lenders to this entrepreneur

Ilan
Adi,
Israel

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

Anonymous
Washington, DC
United States

Broberg
Vista, CA
United States

Laurent D
Brussels,
Belgium

Kev
London,

Rod And Lorraine
Calgary, Alberta
Canada

c and j
Baton Rouge, LA
United States

Daphne
Reservoir, Victoria
Australia

Michael
Washington, DC
United States

Nav
South Bound Brook, NJ
United States

Russell
Nokomis, Florida
United States

Art
Ambler, PA
United States



Top Lending Teams for this entrepreneur


Kiva Washington, DC
Local Area
89 Members

Ravelry.com
Common Interest
286 Members

Southwood and Friends
Religious Congregations
38 Members

One
Common Interest
66 Members

Team Europe
Local Area
1245 Members

Journal entries for Damaso Nelvin Hernandez Perez


Loan has been disbursed
 
Entrepreneur: Damaso Nelvin Hernandez Perez
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Damaso Nelvin Hernandez Perez by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 9 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
Oct 18, 2009
Comment on this entry

Kiva Help Repayment Schedule for Damaso Nelvin Hernandez Perez

  Expected Repayments Actual Repayments Comments
January 2010 $44.44 Available Jan 1  
February 2010 $44.45 Available Feb 1  
March 2010 $44.44 Available Mar 1  
April 2010 $44.45 Available Apr 1  
May 2010 $44.44 Available May 1  
June 2010 $44.45 Available Jun 1  
July 2010 $44.44 Available Jul 1  
August 2010 $44.45 Available Aug 1  
September 2010 $44.44 Available Sep 1