Nidia Sanchez


Status: Paid Back

$800.00   Loan Request
$800.00   Paid Back

About the Entrepreneur

Name: Nidia Sanchez
Location: Santaní, Paraguay
Activity: Grocery Store

About the Loan

Loan Amount: $800.00
Loan Use: Purchase wholesale canned food, meat, bread, flour, oil and noodles
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 29, 2007
Date Disbursed: Sep 13, 2007
Date Funded:Aug 30, 2007
Loan Ended:Jun 30, 2008

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:United States Dollars (USD)



Mrs Nidia Sanchez is 52 years old. She is separated and has three children: they are 32, 25 and 23 years old, respectively. The older one does not live with her any more. The other two work and study at the university. She is very proud of her children because they are very responsible and studious. Nidia has been selling products from her home for 22 years. She lives at a good location right at the center of town. She sells primary need products such as vegetables, drinks, milk products, bread, etc.


Nowadays, demand has grown, since Nidia's store has progressed both in quantity and quality. Nidia wishes to continue growing her business. Therefore, she wants to purchase plenty of merchandise.


She requests $800 which she will use to purchase wholesale canned food, meat, bread products, flour, oil and noodles to get important discounts.

Translated from Spanish by Yael Schwartzman, Kiva Volunteer.



La señora Nidia Sánchez tiene 52 años, es separada, y es madre de 3 hijos; ellos tienen 32,25 y 23 años respectivamente. La mayor ya no vive con ella, los otros dos trabajan y estudian en la universidad, ella se siente muy orgullosa de sus hijos pues son muy responsables y estudiosos.
Nidia tiene una despensa en su casa hace 22 años, posee una buena ubicación pues se encuentra en el centro mismo de la ciudad. En su despensa vende productos de primera necesidad tales como bebidas, verduras, lácteos, panificados, etc.
Hoy día la demanda se ha vuelto más grande, pues la ciudad ha crecido y progresado y Nidia desea seguir creciendo a la par; para ello desea comprar mayor cantidad de mercaderías y así ir ampliando el negocio.
Solicita el crédito de $ 800 que los utilizará para comprar productos enlatados, carne, panificados, harina, aceite y fideos en grandes cantidades, así de esta forma también podrá conseguir importantes descuentos.

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Journal entries for Nidia Sanchez


Loan has been disbursed
 
Entrepreneur: Nidia Sanchez
Location: Santaní, Paraguay

Thank you for your loan. It has been disbursed to Nidia Sanchez by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the next 10 - 16 months, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Luis Fernando Sanabria from Santaní, Paraguay
Aug 30, 2007
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Kiva Help Repayment Schedule for Nidia Sanchez

  Expected Repayments Actual Repayments Comments
November 2007 $0.00 $80.00  
December 2007 $80.00 $80.00 Repayment Received
January 2008 $80.00 $0.00 Repayment Received
February 2008 $80.00 $160.00 Repayment Received
March 2008 $80.00 $80.00 Repayment Received
April 2008 $80.00 $80.00 Repayment Received
May 2008 $80.00 $80.00 Repayment Received
June 2008 $80.00 $80.00 Repayment Received
July 2008 $80.00 $80.00 Repayment Received
August 2008 $80.00 $80.00 Repayment Received
September 2008 $80.00 $0.00 Repayment Received