Lorenzo De Jesús Ruiz Calderón


Status: Paying Back

$525.00   Loan Amount
92% repaid

About the Entrepreneur

Name: Lorenzo De Jesús Ruiz Calderón
Location: Esteli, Nicaragua
Activity: Agriculture

About the Loan

Loan Amount: $525.00
Loan Use: To invest in agriculture and cattle
Repayment Term: 16 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 4, 2008
Date Disbursed: Sep 18, 2008
Date Funded:Sep 4, 2008

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.8600 NIO = 1 USD



In the municipality of Condega, of the city of Esteli, Lorenzo Ruiz has been working in agriculture and cattle for 20 years, since he was a child. He is now married and has a son whom he needs to support and needs to provide the conditions necessary for life.

Lorenzo currently needs to invest in his crops and his cattle. For this reason he has applied to Ceprodel for a loan that will allow him to care for his crops and to purchase cattle. Once he has done these things, he plans to use the money he earns to begin to improving living conditions for his beloved wife and young son by reconstructing their house.

Translated by Jennifer Day, Kiva Volunteer


En el municipio de Condega de la ciudad de Estelí, el caballero Lorenzo Ruiz se dedica al negocio de agricultura y ganadería desde hace 20 años habiéndose involucrado en esta actividad desde que era un niño. Hoy en día es casado y con un hijo a quien mantener y brindarle las condiciones necesarias para vivir.



Como toda actividad en desarrollo, hoy en día él necesita invertir en sus cultivos y en el ganado y para ello acude a Ceprodel para solicitar un crédito que le permita llevar a cabo la asistencia técnica en los cultivos y la adquisición de ganado para su desarrollo. Son sus planes una vez que obtenga el dinero y que los haya invertido en este fin, iniciar a mejorar las condiciones de vida por medio de la reconstrucción de su vivienda para brindarle mejores condiciones de vida a su pequeño hijo y a su amada esposa.


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Julie
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Allison
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Rui Branquinho
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Rachael
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Journal entries for Lorenzo De Jesús Ruiz Calderón


Loan has been disbursed
 
Entrepreneur: Lorenzo De Jesús Ruiz Calderón
Location: Esteli, Nicaragua

Thank you for your loan. It has been disbursed to Lorenzo De Jesús Ruiz Calderón 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 Esteli, Nicaragua
Sep 19, 2008
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Kiva Help Repayment Schedule for Lorenzo De Jesús Ruiz Calderón

  Expected Repayments Actual Repayments Comments
December 2008 $37.50 $38.00 Repayment Received
January 2009 $37.50 $37.00 Repayment Received
February 2009 $37.50 $37.50 Repayment Received
March 2009 $37.50 $37.50 Repayment Received
April 2009 $37.50 $37.50 Repayment Received
May 2009 $37.50 $37.50 Repayment Received
June 2009 $37.50 $37.50 Repayment Received
July 2009 $37.50 $37.50 Repayment Received
August 2009 $37.50 $37.50 Repayment Received
September 2009 $37.50 $37.50 Repayment Received
October 2009 $37.50 $37.50 Repayment Received
November 2009 $37.50 $37.50 Repayment Received
December 2009 $37.50 $37.50 Repayment Received
January 2010 $37.50 Available Jan 1