Margarita Altamirano Herrera


Status: Paid Back

$750.00   Loan Request
$750.00   Paid Back

About the Entrepreneur

Name: Margarita Altamirano Herrera
Location: Leon, Nicaragua
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $750.00
Loan Use: To Pay for a Solar Panel for the Home
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Mar 24, 2008
Date Disbursed: Apr 8, 2008
Date Funded:Mar 25, 2008
Loan Ended:Nov 15, 2009

About the Country

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



With a lot of effort and great sacrifice, Mrs Margarita Altamirano and her husband run a farming business in the municipality of Achuapa. The business is their core source of income that provides for the caring of their three small children, one of which needs more attention due to his young age.


At present, Mrs Margarita Altamirano’s family does not have electric power at their home since they live in a far away locality. However, Mrs Altamirano has acquired a solar panel that will allow her to have enough electricity to use two lamps and a television set. Upon acquiring this debt very responsibly Mrs Altamirano, is seeking the support of Ceprodel so she can obtain a loan to repay the panel. Having this source of electricity will allow the Altamiranos to improve their living conditions at home and so their children have a better environment for their school work.

Translated from Spanish by Antonella Sacconi, Kiva Volunteer




Con mucho esfuerzo y gran sacrificio en el municipio de Achuapa la señora Margarita Altamirano se dedica al negocio agropecuario junto con su esposo esforzándose diariamente para llevar a su mesa el sustento de sus tres pequeños hijos de los cuales uno de ellos (el menor de edad) necesita mayor cuido y atención por su corta edad.


Actualmente la señora Margarita al suplir la necesidad de no tener energía eléctrica en su casa de habitación por vivir en una localidad alejada, ha adquirido un panel solar que le permita tener acceso a dos lámparas y un televisor. Al adquirir esta deuda muy responsablemente acude a Ceprodel para obtener el crédito necesario que le permita el pago de la deuda y así aprovechar el panel para realizar sus labores diarias y permitir que sus hijos tengan mejores condiciones para sus estudios.




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 Margarita Altamirano Herrera


Loan has been disbursed
 
Entrepreneur: Margarita Altamirano Herrera
Location: Leon, Nicaragua

Thank you for your loan. It has been disbursed to Margarita Altamirano Herrera by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the next 18 months, CEPRODEL will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Leon, Nicaragua
Apr 8, 2008
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Kiva Help Repayment Schedule for Margarita Altamirano Herrera

  Expected Repayments Actual Repayments Comments
July 2008 $41.67 $42.00 Repayment Received
August 2008 $41.67 $42.00 Repayment Received
September 2008 $41.67 $42.00 Repayment Received
October 2008 $41.67 $42.00 Repayment Received
November 2008 $41.67 $42.00 Repayment Received
December 2008 $41.67 $42.00 Repayment Received
January 2009 $41.67 $39.69 Repayment Received
February 2009 $41.67 $41.67 Repayment Received
March 2009 $41.67 $41.67 Repayment Received
April 2009 $41.67 $41.67 Repayment Received
May 2009 $41.67 $41.67 Repayment Received
June 2009 $41.67 $41.67 Repayment Received
July 2009 $41.67 $41.67 Repayment Received
August 2009 $41.67 $41.67 Repayment Received
September 2009 $41.67 $41.67 Repayment Received
October 2009 $41.67 $41.67 Repayment Received
November 2009 $41.67 $41.67 Repayment Received
December 2009 $41.61 $41.61 Repayment Received