Dino Salvador Murillo


Status: Paid Back

$250.00   Loan Request
$250.00   Paid Back

About the Entrepreneur

Name: Dino Salvador Murillo
Location: Leon, Nicaragua
Activity: Crafts

About the Loan

Loan Amount: $250.00
Loan Use: To purchase materials
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Dec 23, 2007
Date Disbursed: Jan 6, 2008
Date Funded:Dec 23, 2007
Loan Ended:Jul 6, 2008

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:United States Dollars (USD)



Mr Murillo's business is the creation and sale of necklaces, bracelets and hoop earrings which he sells in different places such as markets and in celebrations such as fairs in his town. It has taken him 7 years to build his business with an initial sum of C$3,000.00 (Nicaraguan córdoba), which was an inheritance from his parents and grandparents.



He began his travelling business with the sale of costume jewellery (hoop earrings, bracelets and necklaces) and according to the season he would sell his products. Today he sells his products in the main street where there is a steady flow of customers, making this a fairly dynamic but very tired business given that it is exposed to the sun all day.



In order to support Mr Murillo’s situation, Ceprodel provided him with financial support a year and a half ago, granting him 8 loans, which have had a direct impact on his business, increasing his sales which in turn allow him to support his family and continue creating and selling his products.

Translated from Spanish by Lucy Williams, Kiva Translator



El negocio al cual se dedica el señor Murillo es a la elaboración y venta de collares, pulseras y aretes que vende en diferentes lugares como mercados y en actividades de festejos como ferias en su municipio. Tiene 7 años de tener el negocio con un monto inicial de C$ 3.000.00 producto de una herencia obtenida de sus padres y abuelos.


Inició su negocio ambulante con la venta de bisuterías (aretes, pulseras, collares) y según la temporada vendía sus productos. Actualmente vende en la calle principal en donde hay mucha afluencia de clientes siendo este un negocio bastante dinámico pero muy cansado por el hecho de que debe de exponerse al sol todo el día.



Para poder apoyar la situación del señor Murillo Ceprodel le brindó apoyo financiero desde hace año y medio habiéndosele otorgado 8 créditos, los que han impactado de manera directa incrementando sus ventas para poder así sustentar su hogar y continuar con la elaboración y venta de sus productos.


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Lenders to this entrepreneur

Brian
Fairbanks, AK
United States

Anonymous
Providence, RI
United States

Howard & Jillian
Vence,
France

Vince
Colleyville, TX
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Melissa
Louisville, Colorado
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Anonymous

Tom
Nebraska City, NE
United States

Aswini
Los Angeles, CA
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Richard
Evanston, IL
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Jay
Fort Collins, CO
United States



Journal entries for Dino Salvador Murillo


Loan has been disbursed
 
Entrepreneur: Dino Salvador Murillo
Location: Leon, Nicaragua

Thank you for your loan. It has been disbursed to Dino Salvador Murillo by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the next 6 months, CEPRODEL will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Leon, Nicaragua
Jan 6, 2008
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Kiva Help Repayment Schedule for Dino Salvador Murillo

  Expected Repayments Actual Repayments Comments
April 2008 $41.67 $42.00 Repayment Received
May 2008 $41.67 $42.00 Repayment Received
June 2008 $41.67 $42.00 Repayment Received
July 2008 $41.67 $42.00 Repayment Received
August 2008 $41.67 $42.00 Repayment Received
September 2008 $41.65 $40.00 Repayment Received