Paula Guido Catin


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Entrepreneur

Name: Paula Guido Catin
Location: Chinandega, Nicaragua
Activity: Food Production/Sales

About the Loan

Loan Amount: $450.00
Loan Use: TO PURCHASE INGREDIENTS FOR THE LOCAL DISHES SHE PREPARES AND SELLS IN THE CENTRAL MARKET OF CHINANDEGA. THIS BUSINESS ENABLES HER TO SUPPORT HER TWO CHILDREN AND GIVE THEM A BETTER QUALITY OF LIFE.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 27, 2007
Date Disbursed: Jan 10, 2008
Date Funded:Dec 27, 2007
Loan Ended:Jul 11, 2008

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:18.7900 NIO = 1 USD



Paula prepares and sells local dishes such as tortillas, beans, and other favorites. She has been doing this for 15 years, working very hard and making sacrifices to support her two children and maintain her simple home. To give some idea of how this business developed, it's important to note that Paula learned how to prepare these dishes when she was very young, and she used to sell them in the streets of Chinandega. However, she always dreamed of having her own establishment, and then her father gave her money to secure her own stall in the central market of Chinandega.



Paula now has three years with Ceprodel. The loans she's received have provided great benefits. She has been able to provide a better quality of life for her children, who are getting ready to attend high school in Chinandega.




El negocio a que se dedica la señora Paula es a la comercialización de productos alimenticios como lo son tortillas, frijoles, pozol y tiste. Actualmente lleva 15 años en este negocio por lo que con mucho esfuerzo y gran sacrificio ha estado logrando mantener a sus dos hijos de edad escolar y además ha podido llevar el sustento a su humilde hogar de habitación.



Para relatar un poco su desarrollo en este negocio es importante destacar que desde muy joven aprendió a elaborar tortillas y las vendía ambulante en las calles de Chinandega sin embargo siempre tuvo el sueño de tener su propio establecimiento hasta que su padre con los ahorros que él tenia le obsequio C$ 500 con los que comenzó a utilizarlos para obtener su propio local en el mercado Central de Chinandega.

Actualmente tiene tres años de obtener prestamos en Ceprodel (13 créditos hasta hoy) los cuales le han servido de mucho beneficio por el simple hecho de que ya obtuvo el local en el mercado central de Chinandega y además ha podido brindarle a sus 2 hijos mejores condiciones de vida por lo que los esta preparando en el colegio de la ciudad de Chinandega.

Translated by Kiva volunteer, Emily Charnes


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Lenders to this entrepreneur

Mitch
Santa Cruz, CA
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Linda
Sarasota, FL
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Stephen
Nagoya, Aichi
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Claus-Peter
www.kivafriends.org,
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brenda
Brooklyn, NY
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celesttina
Nelson, British Columbia
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Diane R
KivaFriends.org, Santa Clara, CA
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Marcella's
Ojai, CA
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Marielle
Hong-Kong,
Hong Kong

Felix
Grevenbroich, NRW
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Alice
petaluma, CA
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Susan
Lake Stevens, WA
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Robert
Fayetteville, GA
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Anonymous
Jersey City, NJ
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NORA
TORONTO, ON
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Journal entries for Paula Guido Catin


Loan has been disbursed
 
Entrepreneur: Paula Guido Catin
Location: Chinandega, Nicaragua

Thank you for your loan. It has been disbursed to Paula Guido Catin 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 Chinandega, Nicaragua
Jan 11, 2008
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Kiva Help Repayment Schedule for Paula Guido Catin

  Expected Repayments Actual Repayments Comments
April 2008 $75.00 $75.00 Repayment Received
May 2008 $75.00 $75.00 Repayment Received
June 2008 $75.00 $75.00 Repayment Received
July 2008 $75.00 $75.00 Repayment Received
August 2008 $75.00 $75.00 Repayment Received
September 2008 $75.00 $75.00 Repayment Received