Martha Aqueda Escoto Talavera


Status: Paid Back

$1,100.00   Loan Request
$1,100.00   Paid Back

About the Entrepreneur

Name: Martha Aqueda Escoto Talavera
Location: Leon, Nicaragua
Activity: Soft Drinks

About the Loan

Loan Amount: $1,100.00
Loan Use: To buy utensils to make squash and ingredients: sugar, rice, fruits etc/Compra de Activos Fijos, utencilios para hacer sus refrescos, asi como los insumos: Azucar, Arroz, Frutas ...etc.
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 21, 2007
Date Disbursed: Dec 6, 2007
Date Funded:Nov 22, 2007
Loan Ended:Apr 15, 2009

About the Country

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



Martha Escoto is married and her business consists of making natural juices and selling them in the central market in Leon. Before starting this business she sold desserts from home and her clients then asked her to sell juices and natural squashes, and her and her husband managed to raise $15 to start their new business.


They have now been doing this for 6 years. Although they don't have a stall in the market they have a tricycle which they use to transport their products, and the good thing is that they make everything fresh and the more they invest the more money they earn.


During the three years that she has been getting loans from CEPRODEL she has been able to invest in her business and it is the only income her family has.


Martha's aim is to keep saving so that she can get her own stall in the market and strengthen her business, God permitting, so that they can finish building themselves a nice house.

Translated from Spanish by Liz Harvey, Kiva Volunteer



Martha Escoto es casada, su negocio consiste en preparar jugos naturales y venderlos en todo el mercado Central de León. Antes de comenzar con este negocio vendía repostería(postres) a domicilio y sus clientes le pidieron que tambien vendiera frescos (o Jugos naturales), de manera que con su esposo lograron recaudar $15 dólares para iniciar con este nuevo negocio.


Ahora lleva 6 años desempeñando esta actividad. Aun no tienen un módulo dentro del mercado, le toca transportarse en un triciclo para ofrecer su producto, lo bueno es que ella ofrece algo que se consume a diario y mientras mas invierte en el negocio sus ganancias van aumentando.



En estos tres años que lleva de trabajar con el crédito de CEPRODEL, ha sabido aprovecharlos y los invierte bien en el negocio, pues es su único medio de ingreso para mantener a su familia.



La meta de doña Martha es ir ahorrando todas sus ganancias para poder comprar su propio módulo en el mercado y fortalecer su negocio...y si Dios le permite...terminar de construir su casita para tener una vivienda Digna.



Lenders to this entrepreneur

Kay
Columbia, MD KivaFriends.org
United States

Mick
Napa, CA
United States

Robert
Corvallis, OR
United States

Sue
Haydenville, MA
United States

david
kansas city, MO
United States

Andrea
Oldenburg, IN
United States

Louis
Tucson, AZ
United States

carolyn
santa fe, NM
United States

A&U
Houston, TX
United States

John
Downers Grove, IL
United States

lil

United States

Patty
Beaufort, SC
United States

Frank
Benjamin, UT
United States

Udo
Bielefeld,
Germany

Anonymous
Denver, CO
United States

Rachael
Oakland, CA
United States

Renato
Valongo, Portugal
Portugal

Guy
Walnut Creek, CA
United States

Nicole
West Hills, CA
United States

Anthony
SARASOTA, FL
United States

Sandra
Lakeland, FL
United States

Kurt and Susanne
Dallas, TX
United States

Roger
Toronto, ON
Canada

Jan
Dartmouth, Nova Scotia
Canada

CTWorkshop
Edmonds, WA
United States

Merle & Doreen
Seattle, WA
United States

Cindy Walschots
tilburg, Noord Brabant
Netherlands

Kim
Moncton, New Brunswick
Canada

Irini
Mayfield Village, OH
United States

Anonymous
Victoria, British Columbia
Canada

LINDA
PEORIA, AZ
United States

bouba
Montréal, Quebec
Canada

Gwen
Wildwood, Alberta
Canada

Anonymous
Bowie, MD
United States

Christine
Delaware, Ontario
Canada

Aaron
Oklahoma City, OK
United States

Jeff
Garland, TX
United States

Marilyn
Elk Grove Village, IL
United States

Beth
Dacula, GA
United States

Fausto
Nanoose Bay, British Columbia
Canada

Jenny
RIchmond, VA
United States

Shirley
Penetanguishene, Ontario
Canada



Journal entries for Martha Aqueda Escoto Talavera


Loan has been disbursed
 
Entrepreneur: Martha Aqueda Escoto Talavera
Location: Leon, Nicaragua

Thank you for your loan. It has been disbursed to Martha Aqueda Escoto Talavera by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the next 15 months, CEPRODEL will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Leon, Nicaragua
Dec 7, 2007
Comments (1)

Kiva Help Repayment Schedule for Martha Aqueda Escoto Talavera

  Expected Repayments Actual Repayments Comments
March 2008 $73.33 $74.00 Repayment Received
April 2008 $73.33 $74.00 Repayment Received
May 2008 $73.33 $74.00 Repayment Received
June 2008 $73.33 $74.00 Repayment Received
July 2008 $73.33 $74.00 Repayment Received
August 2008 $73.33 $74.00 Repayment Received
September 2008 $73.33 $74.00 Repayment Received
October 2008 $73.33 $74.00 Repayment Received
November 2008 $73.33 $74.00 Repayment Received
December 2008 $73.33 $74.00 Repayment Received
January 2009 $73.33 $66.67 Repayment Received
February 2009 $73.33 $73.33 Repayment Received
March 2009 $73.33 $73.33 Repayment Received
April 2009 $73.33 $73.33 Repayment Received
May 2009 $73.38 $73.34 Repayment Received