Rosa Maria Bustos Ampie


Status: Paying Back

$600.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Rosa Maria Bustos Ampie
Location: Managua, Nicaragua
Activity: Farming

About the Loan

Loan Amount: $600.00
Loan Use: To buy fertilizer for the cultivation of dragon fruit
Repayment Term: 12 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Nov 1, 2009
Date Disbursed: Oct 28, 2009
Date Funded:Nov 3, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:20.6630 NIO = 1 USD



Mrs. Rosa Busto is 32 and lives in the San Juan de la Concepcion neighborhood with her husband who works and helps her with household expenses. They have 2 children in school. The older one helps her in the fields in his free time. For the past 10 years she has worked in the cultivation of dragon fruit with the support of her grandparents. Dragon fruit (from cactus) are good eaten raw and are affordable. The biggest problems are the infestations that affect the crop. Thanks to Afodenic for the approval of her second loan, she is now able to invest in fertilizer and the supplies necessary for a good crop and to be able to repay her loan on schedule..

Translated from Spanish by Miriam Palacio, Kiva Volunteer


La señora Rosa Busto, tiene la edad de 32 años, habita en el barrio San Juan de la Concepción, Junto a su esposo el cual trabaja y le apoya con los gastos del hogar, ellos tiene dos hijos, actualmente estudiante, el mayor en tiempos libres le apoya con los trabajos agrícolas, desde hace diez años se dedica a los trabajos de campo ya que sus abuelos le apoyaron para que cultive pitahayas ya que es rica en fresco y accesible de precio, la mayor dificultad que se el presenta son las plagas que afectan al cultivo, agradece a Afodenic por la buena aprobación de su segundo préstamo ,ya que lo va a invertir en fertilizantes e insumos necesarios para obtener una buena cosecha y poder pagar en tiempo y forma su préstamo.

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Journal entries for Rosa Maria Bustos Ampie


Loan has been disbursed
 
Entrepreneur: Rosa Maria Bustos Ampie
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Rosa Maria Bustos Ampie by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 10 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
Nov 4, 2009
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Kiva Help Repayment Schedule for Rosa Maria Bustos Ampie

  Expected Repayments Actual Repayments Comments
October 2010 $600.00 Available Oct 1