Rosa Argentina Briones


Status: Paying Back

$975.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Rosa Argentina Briones
Location: Leon, Nicaragua
Activity: Food Production/Sales

About the Loan

Loan Amount: $975.00
Loan Use: To buys sodas, water and ingredients for chicken wings
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 5, 2009
Date Disbursed: Oct 30, 2009
Date Funded:Nov 18, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:20.6796 NIO = 1 USD



Rosa Briones sells sodas, candies, purified water, and prepaid cell phone minutes for both of Nicaragua’s main cell phone providers, Moviestar and Claro. She sells her goods across from the bus stop that services the Leon to Managua express buses. She also makes papitas mexicanas, Mexican-style chicken wings, in her kitchen. She is going to use this loan to buy sodas, water and ingredients for the papitas.


Rosa has been in this business for 41 years. Initially, she sold sodas while walking around on the street. She started her business using personal savings. Now her store is open air but underneath a small roof. She says loans have helped her business grow incrementally. They have also helped her make many improvements to her house which has improved her quality of life. Rosa is single with one child.





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Journal entries for Rosa Argentina Briones


Loan to Rosa Argentina Briones in Nicaragua has been 100% funded
 
Entrepreneur: Rosa Argentina Briones
Location: Leon, Nicaragua

Thanks to you and 35 other Kiva Lenders, the 975.00 loan requested by Rosa Argentina Briones in Nicaragua has been 100% funded. The loan will be used for the purpose of: To buys sodas, water and ingredients for chicken wings.

Over the months of this loan, Kiva’s Field Partner in Nicaragua, CEPRODEL, will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


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

Kiva Help Repayment Schedule for Rosa Argentina Briones

  Expected Repayments Actual Repayments Comments
February 2010 $76.29 Available Feb 1  
March 2010 $78.54 Available Mar 1  
April 2010 $80.87 Available Apr 1  
May 2010 $83.26 Available May 1  
June 2010 $85.72 Available Jun 1  
July 2010 $88.26 Available Jul 1  
August 2010 $90.87 Available Aug 1  
September 2010 $189.89 Available Sep 1  
October 2010 $99.18 Available Oct 1  
November 2010 $102.12 Available Nov 1