Julia Justina Ponce


Status: Paid Back

$725.00   Loan Request
$725.00   Paid Back

About the Entrepreneur

Name: Julia Justina Ponce
Location: Managua, Nicaragua
Activity: General Store

About the Loan

Loan Amount: $725.00
Loan Use: Purchase of basic grains and cleaning products
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 23, 2008
Date Disbursed: Sep 12, 2008
Date Funded:Aug 29, 2008
Loan Ended:Jul 15, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.5000 NIO = 1 USD



Mrs Julia Ponce is a 51 year old woman living in barrio 380 in Managua. She is divorced, with a 19 year old daughter and a 7 year old son. The children's father provides support for them. She has a small store in a room in her home, which she began 7 years ago by selling ice and ice cream. She used her last loan to improve her home, and she will use this loan to improve her business. With the money that she is requesting she plans to purchase basic grains and cleaning products to stock her business and to meet the needs of her customers in the neighborhood. This is a very poor neighborhood, and people purchase their daily needs in the small stores. For this reason,Juila must keep her store stocked with products so that her customers do not lose faith in her.

Translated from Spanish by James Comstock, Kiva volunteer.



Doña Julia Ponce tiene 51 años de edad, habita en el barrio 3-80 de Managua, es divorciada, tiene una hija de 19 años de edad y un niño de 7 años de edad, el papá le apoya en la manutención de sus dos hijos. Tiene una pulpería en su casa de habitación, la cual desde hace 7 años ha venido administrando, la cual empezó con ventas de hielo y helados. El crédito anterior fue usado para mejoras de su hogar pero éste será usado en la mejora de su negocio, con el dinero solicitado comprará granos básicos y productos de limpieza para abastecer su negocio y satisfacer las demandas de sus vecinos del barrio. Este barrio es un barrio pobre, la manera de vivir de la gente es comprar en las pulperías las necesidades del día, es por eso que Julia necesita tener su pulpería llena de sus productos para así no quedar mal a sus clientes.


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Journal entries for Julia Justina Ponce


Loan has been disbursed
 
Entrepreneur: Julia Justina Ponce
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Julia Justina Ponce 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
Sep 13, 2008
Comments (1)

Kiva Help Repayment Schedule for Julia Justina Ponce

  Expected Repayments Actual Repayments Comments
December 2008 $80.56 $81.00 Repayment Received
January 2009 $80.56 $80.11 Repayment Received
February 2009 $80.56 $80.56 Repayment Received
March 2009 $80.56 $80.56 Repayment Received
April 2009 $80.56 $80.56 Repayment Received
May 2009 $80.56 $80.56 Repayment Received
June 2009 $80.56 $80.55 Repayment Received
July 2009 $80.56 $80.56 Repayment Received
August 2009 $80.52 $80.54 Repayment Received