Alba Luz Chávez Calero


Status: Paid Back

$550.00   Loan Request
$550.00   Paid Back

About the Entrepreneur

Name: Alba Luz Chávez Calero
Location: Managua, Nicaragua
Activity: Food Production/Sales

About the Loan

Loan Amount: $550.00
Loan Use: To buy ceramic tile for the floor of her house.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 10, 2008
Date Disbursed: Aug 16, 2008
Date Funded:Aug 2, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.2500 NIO = 1 USD



Doña Alba has gradually been investing in the construction and improvement of her house. Through the efforts that she and her family members have made, they have been able to improve their living conditions. They now wish to change the floor of the house because it is currently made of cement and they want to put in ceramic tile.

Doña Alba sells food from the house and hopes to be able to increase her business and offer the best quality of services to customers by building a small restaurant. Doña Alba is 37 years old, lives in the Villa Reconciliación neighborhood, is married, and has three children. One of them is financially independent and the other two are studying. Her husband is an auto mechanic and contributes to the household expenses.

She also hopes to help her children get ahead; she hopes that, like her oldest, she will be able to teach them the worth of work so that one day they will be able to make a living.

Translated from Spanish by Jennifer Day, Kiva Volunteer.

Doña Alba poco a poco ha ido invirtiendo en la construcción y mejoras de su casa de habitación. Gracias al esfuerzo que ella y su familia realizan es como han podido ir mejorando las condiciones de vida. Ahora desean cambiarle el piso a su casa de habitación ya que actuelmente es embaldosado y quieren ponerle cerámica.

Doña Alba se dedica a la venta de comida en su casa de habitación y espera en un futuro poder incrementar su negocio y llegar a ofrecer mejora calidad de servicios a sus clientes al llegar a poner un comedor. Doña Alba tiene 37 años de edad, habita en el barrio Villa Reconciliación, es casada y tiene tres hijos uno de ellos ya es independiente y los otros dos están estudiando, su esposo es mecánico automotriz y aporta a los gastos del hogar.

También espera poder sacar adelante a sus hijos y así como al mayor de ellos poder enseñarle el valor del trabajo para que un día puedan valerse por si mismos.


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Lenders to this entrepreneur

RoseMary
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mike
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JOSE
HONG KONG, SAR - CHINA
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Damien
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Anonymous
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Michelle
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Rolf
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melissa
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Pepper, Michelle, Nicole
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Yum Yum
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Good Dogg
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Emily
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Antoine
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Journal entries for Alba Luz Chávez Calero


Loan has been disbursed
 
Entrepreneur: Alba Luz Chávez Calero
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Alba Luz Chávez Calero by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the next 9 months, AFODENIC will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Managua, Nicaragua
Aug 16, 2008
Comment on this entry

Update from Nicaragua
 
Entrepreneur: Alba Luz Chávez Calero
Location: Managua, Nicaragua

Alba Luz Chavez, she is a merchant and sell fritangas (popular food in Nicaragua ),She borrows for do some house improvement and put it ceramic floor. She used the credit for bought ceramic materials because the price went up, the result of the loans was regular because it was unable to complete the purchase of materials, because of increased prices,She plans for the future continue do improve for her home, such as put the finished floor and invest in the business of food. She recommended microcredit ,because helps people to grow little a little, and improve their lives. Miss Alba Luz takes 8 credits from Afodenic and has invested in improving her house and business.

Alba Luz Chavez, ella es comerciante y vende fritangas ,ella solicito el prestamo para venta mejora de vivienda y poner ceramica en su piso .Ella solicito el credito para poner ceramica ,debido a que los materiales subieron de precio ,el resultado del prestamos fue regular ,porque no pudo completar la compra de materiales ,porque subieron de precio ,planes para el futuro seguir mejorando su casa ,terminar de poner el piso e invertir en el negocio de la comida .Ella recomienda el microcredito porque ayuda a las personas a crecer poco a poco ,y mejorar sus vidas. La señora Alba luz lleva con Afodenic 8 creditos y los ha invertido en mejora de vivienda y en el negocio.


Posted by Francisco Montoya Baez from Managua, Nicaragua
May 29, 2009
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Kiva Help Repayment Schedule for Alba Luz Chávez Calero

  Expected Repayments Actual Repayments Comments
November 2008 $61.11 $62.00 Repayment Received
December 2008 $61.11 $62.00 Repayment Received
January 2009 $61.11 $59.33 Repayment Received
February 2009 $61.11 $61.11 Repayment Received
March 2009 $61.11 $61.11 Repayment Received
April 2009 $61.11 $61.11 Repayment Received
May 2009 $61.11 $61.11 Repayment Received
June 2009 $61.11 $61.11 Repayment Received
July 2009 $61.12 $61.12 Repayment Received