Nimio Cadenas
Status: Paying Back
| $375.00 | Loan Amount |
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About the Entrepreneur
| Name: | Nimio Cadenas |
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| Location: | Chinandega, Nicaragua |
| Activity: | Bricks |
About the Loan
| Loan Amount: | $375.00 |
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| Loan Use: | Purchase of materials to manufacture tiles and panel doors. |
| Repayment Term: | 22 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 13, 2008 |
| Date Disbursed: | Apr 27, 2008 |
| Date Funded: | Apr 13, 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: | 2285 |
| Total Loans: | $1,124,900 |
| Delinquency Rate: | 0.64% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Nicaragua |
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| Avg Annual Income: | $3,636.00 |
| Currency: | Nicaragua Cordobas (NIO) |
| Exchange Rate: | 19.1590 NIO = 1 USD |
He has been devoted to this business for several years, during which he has managed to improve the business and increase production levels. He presently faces financial difficulties and is thus seeking Ceprodel’s support. He is requesting a loan in order to purchase materials for the manufacturing of tiles and panel doors, to be sold to his loyal local clients.
Translated from Spanish by Leticia Britos, Kiva Volunteer.
En el municipio de Cinco Pinos de la ciudad de Chinandega el caballero Nimio Cadenas se dedica al negocio de la elaboración de cuarterones y tejas, teniendo su propio establecimiento donde posee un horno para quemar el producto en proceso y además un local amplio donde se lleva a cabo el proceso de secado y endurecimiento.
Se ha dedicado a este negocio desde hace varios años, en el cual ha logrado salir adelante llevando a cabo mayores niveles de producción en el negocio. Una de las necesidades que hoy en día atraviesa es la urgencia de acceso al recurso económico por lo que acude a Ceprodel para ser beneficiado con el crédito que le permita la compra de materiales para la elaboración de las tejas y cuartones para comercializarlas a sus fieles clientes en su localidad.
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Journal entries for Nimio Cadenas
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Loan has been disbursed
Location: Chinandega, Nicaragua
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Posted by
from Chinandega, Nicaragua
Apr 28, 2008 |
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Comment on this entry
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Repayment Schedule for Nimio Cadenas
Repayment Schedule for Nimio Cadenas
| Expected Repayments | Actual Repayments | Comments | |||
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| July 2008 | $18.75 | $19.00 |  Repayment Received
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| August 2008 | $18.75 | $19.00 | Repayment Received
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| September 2008 | $18.75 | $19.00 | Repayment Received
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| October 2008 | $18.75 | $19.00 | Repayment Received
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| November 2008 | $18.75 | $19.00 | Repayment Received
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| December 2008 | $18.75 | $18.00 | Repayment Received
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| January 2009 | $18.75 | $18.25 | Repayment Received
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| February 2009 | $18.75 | $18.75 | Repayment Received
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| March 2009 | $18.75 | $18.75 | Repayment Received
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| April 2009 | $18.75 | $18.75 | Repayment Received
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| May 2009 | $18.75 | $18.75 | Repayment Received
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| June 2009 | $18.75 | $18.74 | Repayment Received
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| July 2009 | $18.75 | $18.75 | Repayment Received
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| August 2009 | $18.75 | $18.75 | Repayment Received
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| September 2009 | $18.75 | $18.76 | Repayment Received
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| October 2009 | $18.75 | $18.75 | Repayment Received
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| November 2009 | $18.75 | $18.75 | Repayment Received
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| December 2009 | $18.75 | $18.75 | Repayment Received
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| January 2010 | $18.75 | Available Jan 1 | |||
| February 2010 | $18.75 | Available Feb 1 | |||
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