Filogenio Ríos Zuniga


Status: Paid Back

$1,050.00   Loan Request
$1,050.00   Paid Back

About the Entrepreneur

Name: Filogenio Ríos Zuniga
Location: Chinandega, Nicaragua
Activity: Livestock

About the Loan

Loan Amount: $1,050.00
Loan Use: Purchase calves for his livestock breeding business.
Repayment Term: 16 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 9, 2008
Date Disbursed: Jun 24, 2008
Date Funded:Jun 10, 2008
Loan Ended:Sep 15, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.1800 NIO = 1 USD



The business activity from which Mr. Rios makes a living is the breeding of livestock from his home in the municipality of Villanueva in the city of Chinandega. He started this business 25 years ago with a small number of livestock, but as his business has developed, he has acquired greater quantities of animals for their eventual sale and gain from their derivatives.

According to Mr. Rios, he works very hard so that he can maintain his three children and two grandchildren that are in his care. For that reason, he is looking for a way to facilitate their studies, and because there is no electric power in his neighborhood, he has requested the installation of a solar panel to obtain illumination so that his children and grandchildren study in the evenings without using an oil lamp, and so they have access to electricity to carry out household chores.

Translated from Spanish by Evelyn Garcia, Kiva Volunteer.



El negocio al que se dedica el señor Ríos es a la crianza de ganado en su sector de habitación en el municipio de Villanueva de la ciudad de Chinandega. Inicio este negocio desde hace 25 años con poco ganado pero a medida que ha venido desarrollándose ha adquirido mayores cantidades de ganado para su respectiva comercialización y aprovechamiento de sus derivados.


Según el señor Ríos, trabaja muy fuerte para mantener a sus tres hijos y dos nietos a su cargo. Para ello busca la manera de cómo facilitarle los estudios y al no contar con energía eléctrica en su sector, ha solicitado la implementación de un panel solar para obtener la iluminación para que sus hijos y nietos estudien por las noches sin necesidad de candiles y a la vez para tener acceso a energía eléctrica para realizar las actividades del hogar.


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Journal entries for Filogenio Ríos Zuniga


Loan has been disbursed
 
Entrepreneur: Filogenio Ríos Zuniga
Location: Chinandega, Nicaragua

Thank you for your loan. It has been disbursed to Filogenio Ríos Zuniga by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the next 14 months, CEPRODEL will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Chinandega, Nicaragua
Jun 25, 2008
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Kiva Help Repayment Schedule for Filogenio Ríos Zuniga

Show Advanced
  Expected Repayments Actual Repayments Comments
September 2008 $75.00 $75.00 Repayment Received
October 2008 $75.00 $75.00 Repayment Received
November 2008 $75.00 $75.00 Repayment Received
December 2008 $75.00 $75.00 Repayment Received
January 2009 $75.00 $75.00 Repayment Received
February 2009 $75.00 $75.00 Repayment Received
March 2009 $75.00 $75.00 Repayment Received
April 2009 $75.00 $75.00 Repayment Received
May 2009 $75.00 $75.00 Repayment Received
June 2009 $75.00 $74.99 Repayment Received
July 2009 $75.00 $75.00 Repayment Received
August 2009 $75.00 $75.00 Repayment Received
September 2009 $75.00 $75.01 Repayment Received
October 2009 $75.00 $75.00 Repayment Received