Catalina De Los Sant Nicaragua


Status: Paid Back

$375.00   Loan Request
$375.00   Paid Back

About the Entrepreneur

Name: Catalina De Los Sant Nicaragua
Location: Managua, Nicaragua
Activity: Retail

About the Loan

Loan Amount: $375.00
Loan Use: To purchase products to stock up on inventory
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 18, 2007
Date Disbursed: Dec 3, 2007
Date Funded:Nov 19, 2007
Loan Ended:Apr 3, 2008

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.0105 NIO = 1 USD



This woman is from the city of Managua. She started her business in the outskirts of the market 14 years ago with a modest working capital of $80.00, money that she saved through her hard work selling cigarettes on the streets. She started her business when she realized that she would not be able cover her and her children's needs.


When she started her business she didn't sell many products and the conditions in her shop weren't great because she started in a modest, small kiosk. Thanks to her hard work and perseverence and after much sacrifice, she was able to refurbish her store and pay for her children's education.


She now offers a wide variety of products. She has been working with CEPRODEL for 3 years and has a record of 13 loans, which have helped her because thanks to the funding she has prospered.


Esta señora es originaria de la ciudad de Managua. Su negocio empieza en las afueras del mercado 14 años con un modesto capital de trabajo de US$80.00, fruto de sus ahorros que logro reunir con mucho esfuerzo cuando vendia cigarrillos de manera ambulante en las calles. Ella inicia el negocio al observar que no lograba cubrir las necesidades propias y de sus hijos.



Dicho negocio contaba con apenas algunos productos y las condiciones del local no eran las apropiadas ya que empezo en un modesto y pequeño kiosko. Como fruto de su esfuerzo y perseverancia con mucho sacrificio logró acondicionar el local y darles educación a sus hijos.



Ella ahora oferta una amplia variedad de productos. Trabaja con CEPRODEL, desde hace 3 años con un record de 13 creditos, lo cual le ha beneficiado porque gracias al financiamiento ha logrado prosperar.


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Lenders to this entrepreneur

Carol
Washington, DC
United States

Andra and Leher
Salt Lake City, UT
United States

Joakim
Oslo,
Norway

Anonymous
Salt Lake City, UT
United States

Derek
Citrus Heights, CA
United States

Kristine
Molde, -
Norway

Joshua
Portland, ME
United States

Hanne
Oslo,
Norway

Benjamin
Toulouse,
France

Einar & Anne-May
Haugesund, Rogaland
Norway

Meri
Livermore, CA
United States

Sylvia
smøla,

Brunswick WC Class
Greenwich, CT
United States

Muslim Financer
Sunderland, UK, Dubai
United Arab Emirates



Journal entries for Catalina De Los Sant Nicaragua


Loan has been disbursed
 
Entrepreneur: Catalina De Los Sant Nicaragua
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Catalina De Los Sant Nicaragua by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the next 4 months, CEPRODEL will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Managua, Nicaragua
Dec 3, 2007
Comment on this entry

Journal Update for Catalina de los Sant Nicaragua
 
Entrepreneur: Catalina De Los Sant Nicaragua
Location: Managua, Nicaragua

La señora Catalina de los Santos Nicaragua se siente muy satisfecha porque logró adquirir su mercadería con el crédito que le brindó Ceprodel. Se siente muy alegre porque le sirvió de mucho beneficio y así ha logrado mejorar su condición económica.


Posted by Harvy Esquivel from Managua, Nicaragua
May 29, 2009
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Kiva Help Repayment Schedule for Catalina De Los Sant Nicaragua

  Expected Repayments Actual Repayments Comments
February 2008 $0.00 $94.00  
March 2008 $93.75 $0.00 Repayment Received
April 2008 $93.75 $94.00 Repayment Received
May 2008 $93.75 $94.00 Repayment Received
June 2008 $93.75 $93.00 Repayment Received