Marcos Roberto Lopez Urbina


Status: Paying Back

$600.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Marcos Roberto Lopez Urbina
Location: Managua, Nicaragua
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $600.00
Loan Use: To buy construction materials to build concrete walls
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 19, 2009
Date Disbursed: Oct 17, 2009
Date Funded:Oct 27, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:20.6299 NIO = 1 USD



Mr. Marcos Lopez, who is 43 years old, lives in Nicaragua's capital city of Managua. He is married, and his wife has an 8-year old child to whom she primarily attends. Mr. Marcos is the owner of a taxi, where he has worked for twelve years. This vehicle was purchased with money from the sale of his homemade soap business. His goal is to buy another modern car where he can continue to provide customer service. This loan will improve his home too where he will build concrete walls for better infrastructure and better security against crime. He thanks AFODENIC for giving him the loan to pursue his goals of improving his home each day.

Translated from Spanish by Zal Bilimoria, Kiva Volunteer


El señor Marcos López de 43 años, vive en Ciudadela Nicaragua en la capital de Managua, casado, su esposa le tiene un hijo de 8 años de edad que cursa su primaria, don Marcos es dueño de un taxi el cual ha trabajado por doce años, este vehiculo lo compro con dinero de su liquidación que trabajaba en jaboneria el hogar, su meta es comprar otro carro moderno en donde pueda seguir dando su servicio al cliente, con este préstamo hará mejora a su casa, va a construir las paredes de concreto para una mejor infraestructura como mejor seguridad familiar contra la delincuencia. Agradece AFodenic por dar el financiamiento para seguir con sus objetivos en mejorar cada día su casa.


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 Marcos Roberto Lopez Urbina


Loan has been disbursed
 
Entrepreneur: Marcos Roberto Lopez Urbina
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Marcos Roberto Lopez Urbina by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 12 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 28, 2009
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Kiva Help Repayment Schedule for Marcos Roberto Lopez Urbina

  Expected Repayments Actual Repayments Comments
January 2010 $50.00 Available Jan 1  
February 2010 $50.00 Available Feb 1  
March 2010 $50.00 Available Mar 1  
April 2010 $50.00 Available Apr 1  
May 2010 $50.00 Available May 1  
June 2010 $50.00 Available Jun 1  
July 2010 $50.00 Available Jul 1  
August 2010 $50.00 Available Aug 1  
September 2010 $50.00 Available Sep 1  
October 2010 $50.00 Available Oct 1  
November 2010 $50.00 Available Nov 1  
December 2010 $50.00 Available Dec 1