Tirso Meza Canales
Status: Paid Back
| $900.00 | Loan Request | |
|---|---|---|
| $900.00 | Paid Back |
About the Entrepreneur
| Name: | Tirso Meza Canales |
|---|---|
| Location: | Managua, Nicaragua |
| Activity: | Bakery |
About the Loan
| Loan Amount: | $900.00 |
|---|---|
| Loan Use: | I will invest the money in the purchase of a new motor for the machine of my factory since the motor is too old and it is already giving problems. I Also will invest part of the money to buy materials to make my bread. |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Mar 15, 2006 |
| Date Disbursed: | Apr 13, 2005 |
| Date Funded: | Mar 30, 2005 |
| Loan Ended: | Jan 28, 2007 |
About the Field Partner
About the Field Partner
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| Field Partner: | Prisma Microfinance |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Closed |
| Time On Kiva: | 45 months |
| Kiva Entrepreneurs: | 1136 |
| Total Loans: | $399,925 |
| Delinquency Rate: | N/A - No Paying Back Loans |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Nicaragua |
|---|---|
| Avg Annual Income: | $3,636.00 |
| Currency: | United States Dollars (USD) |
Like two of my brothers, I have been owner of a bakery, it is a familiar tradition for more than 40 years and we have all fought very hard to maintain our businesses, in my case, with the new motor I will be able to increase my production and will fulfill the orders of my clients and I will not have problems to repay the loan because my incomes will increase.
Because all the materials that I use have increased their price, I will use part of the money to buy a great amount of products to obtain discounts and to reduce my costs.
Because all the materials that I use have increased their price, I will use part of the money to buy a great amount of products to obtain discounts and to reduce my costs.
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Journal entries for Tirso Meza Canales
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Loan has been disbursed
Location: Managua, Nicaragua
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Posted by
Kendall Mau from Managua, Nicaragua
Aug 17, 2006 |
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Comments (2)
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Repayment Schedule for Tirso Meza Canales
Repayment Schedule for Tirso Meza Canales
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2006 | $0.00 | $75.00 | |||
| September 2006 | $0.00 | $75.00 | |||
| October 2006 | $0.00 | $189.00 | |||
| November 2006 | $0.00 | $113.00 | |||
| December 2006 | $0.00 | $113.00 | |||
| January 2007 | $0.00 | $113.00 | |||
| February 2007 | $0.00 | $113.00 | |||
| March 2007 | $0.00 | $109.00 | |||
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