Mercedes Concepción Palacios Juárez
Status: Paying Back
| $1,050.00 | Loan Amount |
|---|
About the Entrepreneur
| Name: | Mercedes Concepción Palacios Juárez |
|---|---|
| Location: | Leon, Nicaragua |
| Activity: | Personal Housing Expenses |
About the Loan
| Loan Amount: | $1,050.00 |
|---|---|
| Loan Use: | To purchase materials for the reconstruction of her home |
| Repayment Term: | 26 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Feb 19, 2008 |
| Date Disbursed: | Mar 6, 2008 |
| Date Funded: | Feb 21, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | CEPRODEL |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 25 months |
| Kiva Entrepreneurs: | 2283 |
| Total Loans: | $1,123,325 |
| Delinquency Rate: | 0.64% |
| 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: | Nicaragua Cordobas (NIO) |
| Exchange Rate: | 19.0545 NIO = 1 USD |
Mercedes currently finds herself in an urgent situation to invest in the reconstruction of her house. Due to the fact that her teaching job does not allow her to obtain a sufficient income, she seeks support through other means.
For this reason Mercedes approaches Ceprodel for assistance with loans. These loans will be useful in the reconstruction of her home, providing a better way of life for her two young children who greatly deserve this.
Translated from Spanish by Marco Alves, Kiva Volunteer.
Mercedes Palacios es una dama originaria del municipio del Sauce en León y se dedica a la docencia en un pequeño colegio del pueblo. Día a día camina un largo trecho para llegar a este colegio y a pesar de la difícil situación económica que atraviesa siempre transmite un espíritu de superación para sus alumnos.
La situación que atraviesa la señora Mercedes es la urgencia de invertir en la reconstrucción de su casa por el hecho de que el trabajo de docencia no le permite obtener estos ingresos por lo que se ve obligada a buscar apoyo por otros medios.
Por tal razón es que la señora Mercedes acude a Ceprodel para ser beneficiada con los créditos que por cierto le han sido de mucha utilidad en la reconstrucción de su casa para así brindarle un mejor nivel de vida a sus dos pequeños hijos que tanto se lo merecen.
About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more
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Journal entries for Mercedes Concepción Palacios Juárez
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Loan has been disbursed
Location: Leon, Nicaragua
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Posted by
from Leon, Nicaragua
Mar 6, 2008 |
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Comment on this entry
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Repayment Schedule for Mercedes Concepción Palacios Juárez
Repayment Schedule for Mercedes Concepción Palacios Juárez
| Expected Repayments | Actual Repayments | Comments | |||
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| June 2008 | $43.75 | $44.00 |  Repayment Received
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| July 2008 | $43.75 | $44.00 | Repayment Received
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| August 2008 | $43.75 | $44.00 | Repayment Received
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| September 2008 | $43.75 | $44.00 | Repayment Received
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| October 2008 | $43.75 | $44.00 | Repayment Received
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| November 2008 | $43.75 | $44.00 | Repayment Received
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| December 2008 | $43.75 | $44.00 | Repayment Received
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| January 2009 | $43.75 | $42.00 | Repayment Received
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| February 2009 | $43.75 | $43.75 | Repayment Received
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| March 2009 | $43.75 | $43.75 | Repayment Received
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| April 2009 | $43.75 | $43.75 | Repayment Received
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| May 2009 | $43.75 | $43.75 | Repayment Received
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| June 2009 | $43.75 | $43.74 | Repayment Received
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| July 2009 | $43.75 | $43.75 | Repayment Received
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| August 2009 | $43.75 | $43.75 | Repayment Received
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| September 2009 | $43.75 | $43.76 | Repayment Received
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| October 2009 | $43.75 | $43.75 | Repayment Received
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| November 2009 | $43.75 | $43.75 | Repayment Received
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| December 2009 | $43.75 | $43.75 | Repayment Received
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| January 2010 | $43.75 | Available Jan 1 | |||
| February 2010 | $43.75 | Available Feb 1 | |||
| March 2010 | $43.75 | Available Mar 1 | |||
| April 2010 | $43.75 | Available Apr 1 | |||
| May 2010 | $43.75 | Available May 1 | |||
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