Maria Eugenia Palacios Madrigal
Status: Paid Back
| $275.00 | Loan Request | |
|---|---|---|
| $275.00 | Paid Back |
About the Entrepreneur
| Name: | Maria Eugenia Palacios Madrigal |
|---|---|
| Location: | Chinandega, Nicaragua |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $275.00 |
|---|---|
| Loan Use: | Purchase of raw materials to make tortillas |
| Repayment Term: | 16 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 4, 2008 |
| Date Disbursed: | May 18, 2008 |
| Date Funded: | May 4, 2008 |
| Loan Ended: | Aug 15, 2009 |
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: | 19.1100 NIO = 1 USD |
It is important to emphasize the effort she puts forth in spite of very large economic difficulties. Her spirit of overcoming those obstacles has permitted her to get ahead thinking about the future of her children.
She has come to CEPRODEL to obtain a loan that will permit her to buy raw materials like fire wood and corn. It is important to emphasize that she is a very loyal client of Ceprodel, and has paid off all of her credit in accordance with the loan agreements she entered into.
Translated from Spanish by James Lombardo, Kiva volunteer
Maria Eugenia Palacios es madre casada y con seis hijos de los cuales tres de ellos están bajo su responsabilidad por lo que les debe de proporcionar los estudios que ellos se merecen. Habita en el municipio de Villanueva elaborando y vendiendo tortillas en su casa de habitación donde es visitada por sus clientes.
Es necesario destacar que esta esforzada dama ha atravesado grandes dificultades económicas pero su espíritu de superación ha permitido salir adelante pensando en el futuro de sus hijos.
Hoy en día ella ha acudido a CEPRODEL para obtener crédito que le permita la compra de la materia prima como lo es la leña y el maíz. Es necesario destacar que ella es una fiel cliente de Ceprodel habiendo cancelado sus créditos en la forma correspondiente de acuerdo a lo establecido.
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Journal entries for Maria Eugenia Palacios Madrigal
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Loan has been disbursed
Location: Chinandega, Nicaragua
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Posted by
from Chinandega, Nicaragua
May 19, 2008 |
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Comment on this entry
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Repayment Schedule for Maria Eugenia Palacios Madrigal
Repayment Schedule for Maria Eugenia Palacios Madrigal
| Expected Repayments | Actual Repayments | Comments | |||
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| August 2008 | $19.64 | $20.00 |  Repayment Received
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| September 2008 | $19.64 | $20.00 | Repayment Received
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| October 2008 | $19.64 | $20.00 | Repayment Received
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| November 2008 | $19.64 | $20.00 | Repayment Received
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| December 2008 | $19.64 | $20.00 | Repayment Received
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| January 2009 | $19.64 | $17.86 | Repayment Received
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| February 2009 | $19.64 | $19.64 | Repayment Received
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| March 2009 | $19.64 | $19.64 | Repayment Received
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| April 2009 | $19.64 | $19.64 | Repayment Received
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| May 2009 | $19.64 | $19.64 | Repayment Received
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| June 2009 | $19.64 | $19.64 | Repayment Received
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| July 2009 | $19.64 | $19.64 | Repayment Received
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| August 2009 | $19.64 | $19.64 | Repayment Received
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| September 2009 | $19.68 | $19.66 | Repayment Received
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