Antolin Lopez Flores


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Antolin Lopez Flores
Location: Chontales, Nicaragua
Activity: Goods Distribution

About the Loan

Loan Amount: $1,200.00
Loan Use: Purchasing products for his business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 3, 2008
Date Disbursed: May 26, 2008
Date Funded:May 12, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.1100 NIO = 1 USD



Antolín is requesting his second loan from the AFODENIC organization so that he can invest in his small business. He is a dealer in a variety of medicine products, which he distributes wholesale to neighborhood general stores in the towns of Nueva Guinea and El Almendro. His wife also works selling products, and thus the two of them are working to make ends meet. Antolín’s dream is to set up a business as a wholesaler, to improve his business and satisfy the needs of his customers; this is the way his business will grow financially. The work Antolín does each day is a worthy economic choice that supports his family, since he knows how to manage their financial resources.

Antolín is a very responsible and honest man who is dedicated to his work. He and his wife have three young children: a five-year-old son, a nine-year-old daughter who is in her fourth year of primary school, and a fourteen-year-old daughter who is in her first year of secondary school. Antolín and his family live in Zone 7. He wants very much to help his family, and works hard so that he can offer his children better opportunities for the future and more support in their studies; he provides his deserving family with an example of good principles and values. Antolín is very grateful for the assistance he has received from AFODENIC.

Translated by Chris Knutson, Kiva Volunteer


Don Antolín solicita a la institución de AFODENIC su segundo crédito para invertido en su pequeño negocio este cliente es comerciante de diversidad de productos de medicina humana, él entrega por mayor a las pulperías de las colonia del municipio de Nueva Guinea y El Almendro, también su esposa trabaja vendiendo producto, de esta forma ambos aportan para los gastos en el hogar. El mayor sueño de don Antolín es de tener una distribuidora, superar su negocio y satisfacer la demanda de sus clientes, de esta forma su negocio va tener mejor desarrollo empresarial, la actividad que realiza día a día es una alternativa económica digna hacia su familia pues sabe administrar sus recurso económicos.


El señor López es un hombre muy responsable, honesto, entregado al trabajado, es casado tiene tres hijos menores de edad, un niño de 5 años de edad, una niña de nueve años que estudia cuarto grado de primaria y otra niña de 14 años cursa primer año de segundaria, esta es familia habitante de la zona numero 7. Tiene como aspiracion beneficiar a su familia, trabajando duro para brindarle a sus hijos mejores opciones para un futuro mejor apoyandolos en el estudio y dandoles una ejemplo a la familia digna con buenos principios y valores en la sociedad. El Sr. Antolín se encuentra agradecido por los beneficio que ha recibido por AFODENIC


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Jim
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Journal entries for Antolin Lopez Flores


Loan has been disbursed
 
Entrepreneur: Antolin Lopez Flores
Location: Chontales, Nicaragua

Thank you for your loan. It has been disbursed to Antolin Lopez Flores by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the next 12 months, AFODENIC will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Chontales, Nicaragua
May 26, 2008
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Kiva Help Repayment Schedule for Antolin Lopez Flores

  Expected Repayments Actual Repayments Comments
August 2008 $100.00 $100.00 Repayment Received
September 2008 $100.00 $100.00 Repayment Received
October 2008 $100.00 $100.00 Repayment Received
November 2008 $100.00 $100.00 Repayment Received
December 2008 $100.00 $100.00 Repayment Received
January 2009 $100.00 $100.00 Repayment Received
February 2009 $100.00 $100.00 Repayment Received
March 2009 $100.00 $100.00 Repayment Received
April 2009 $100.00 $100.00 Repayment Received
May 2009 $100.00 $100.00 Repayment Received
June 2009 $100.00 $100.00 Repayment Received
July 2009 $100.00 $100.00 Repayment Received