Sándor Arce Salasblanca


Status: Paid Back

$750.00   Loan Request
$750.00   Paid Back

About the Entrepreneur

Name: Sándor Arce Salasblanca
Location: Managua, Nicaragua
Activity: Computers

About the Loan

Loan Amount: $750.00
Loan Use: The money obtained by PRISMA will buy more modern computers and to make improvements on the site.
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 17, 2007
Date Disbursed: Mar 4, 2007
Date Funded:Feb 18, 2007
Loan Ended:Feb 19, 2008

About the Country

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



Sandor Arce, married, father of one son, is the owner of a Cyber Cafe, which supports his family economically. He now has plans to expand his business and with the loan he recieves from PRISMA, he will buy 5 new computers and update the 5 computers he already owns. Futhermore, he plans on remodeling his cafe in order to install a small Bar, which he thinks will also help to increase his earnings.

Translated from Spanish by Kiva Volunteer, Kristin Connor.



Sándor Arce, casado, padre de un hijo, es dueño de un Cyber café con el cual mantiene económicamente a su familia, actualmente tiene planes de agrandar su negocio, con el crédito que le otorgue PRISMA comprará 5 nuevas computadoras y actualizará las 5 computadoras que actualmente posee. Aademás acondicionará su local para instalar un pequeño Bar, con el cual piensa incrementar sus ingresos.


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Journal entries for Sándor Arce Salasblanca


Loan has been disbursed
 
Entrepreneur: Sándor Arce Salasblanca
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Sándor Arce Salasblanca by Prisma Microfinance in Nicaragua. We are excited to watch this business grow. Over the next 12 - 18 months, Prisma Microfinance will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Kendall Mau from Managua, Nicaragua
Feb 19, 2007
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Kiva Help Repayment Schedule for Sándor Arce Salasblanca

  Expected Repayments Actual Repayments Comments
May 2007 $0.00 $63.00  
June 2007 $62.50 $63.00 Repayment Received
July 2007 $62.50 $126.00 Repayment Received
August 2007 $62.50 ($63.00) Repayment Received
September 2007 $62.50 $126.00 Repayment Received
October 2007 $62.50 $63.00 Repayment Received
November 2007 $62.50 $63.00 Repayment Received
December 2007 $62.50 $63.00 Repayment Received
January 2008 $62.50 $63.00 Repayment Received
February 2008 $62.50 $63.00 Repayment Received
March 2008 $62.50 $63.00 Repayment Received
April 2008 $62.50 $57.00 Repayment Received
May 2008 $62.50 $0.00 Repayment Received