Heriberto Corea


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

Name: Heriberto Corea
Location: Managua, Nicaragua
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $525.00
Loan Use: Construction of two gates for his home
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 25, 2008
Date Disbursed: Oct 9, 2008
Date Funded:Sep 25, 2008
Loan Ended:Aug 15, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.4780 NIO = 1 USD



Mr. Heriberto is 34 years old, married, and owns a home in the 3-80 neighborhood. His wife is a housekeeper, and they have two beautiful children, ages 1 and 6, the older of whom is in first grade. Mr. Heriberto works in automotive electronics, and he is also a painter and a welder with 15 years experience in these fields. He began as an apprentice, but now has enough experience to work for himself. This credit request is to invest in the construction of two large gates for his residence. He'll need to buy iron and paint so that he can improve the conditions of his home. He plans to make his business grow, bringing in more customers, and in that way making sure his shop has everything it needs to provide excellent service to his customers. He will also have sufficient health and resources to help his children go to school.

Translated from Spanish by Shannon Skoglund, Kiva Volunteer


El Sr. Heriberto tiene 34 años de edad, casado y con domicilio en el barrio 3-80, su esposa es ama de casa y tienen dos hermosos hijos de 1 y 6 años de edad, uno está estudiando su primer grado de la primaria. Don Heriberto es electricista automotriz, pintor y soldador, lleva quince años desarrollando estas actividades, cuando comenzó lo hizo de ayudante ahora que adquirió experiencia trabaja por su propia cuenta. La solicitud de crédito la requiere para invertir en la construcción de dos portones grandes para su vivienda, para lo cual tiene que comprar hierro, pintura, y así mejorar las condiciones de su vivienda. Sus planes son hacer crecer su negocio obteniendo mayor cantidad de clientes y así lograr tener su taller con todas las condiciones para brindar un buen servicio a sus clientes. También poder tener salud y los recursos necesarios para ayudar a sus hijos a que estudien.


About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

Subscribe

Lenders to this entrepreneur

MIKE
Lincoln, NE
United States

Chris M.
London, Middlesex
United Kingdom

John
Portland, OR
United States

Trevor
Fittleworth, Sussex
United Kingdom

Geoff
Foothill Ranch, CA
United States

Saving Advice
Cupertino, CA
Japan

Anthony
Wilbraham, MA
United States

Andrew & Gisela
Qualicum Beach, British Columbia
Canada

Tracy and Holt
Chicago, IL
United States

Rob, Jared & Romeo
Elk Grove, CA
United States

In Memory of Lori Miller
Sacramento, CA
United States

lawence & jayne
powell river, British Columbia
Canada

Raymond
Fort Washington, MD
United States

Ron
Angola, IN
United States

Eva Turner
Grasse,
France

Greg Mowrey

United States

Roger
Martinsburg, WV
United States

Phil and Marilyn
Oakdale, CA
United States

Karen & Bert
Akron, OH
United States



Top Lending Teams for this entrepreneur


Kiva Christians
Friends
3088 Members

Personal Finance
Common Interest
13 Members

London
Local Area
229 Members

Journal entries for Heriberto Corea


Loan has been disbursed
 
Entrepreneur: Heriberto Corea
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Heriberto Corea 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
Oct 9, 2008
Comment on this entry

Kiva Help Repayment Schedule for Heriberto Corea

  Expected Repayments Actual Repayments Comments
January 2009 $58.33 $58.33 Repayment Received
February 2009 $58.33 $58.33 Repayment Received
March 2009 $58.33 $58.33 Repayment Received
April 2009 $58.33 $58.33 Repayment Received
May 2009 $58.33 $58.33 Repayment Received
June 2009 $58.33 $58.33 Repayment Received
July 2009 $58.33 $58.33 Repayment Received
August 2009 $58.33 $58.33 Repayment Received
September 2009 $58.36 $58.36 Repayment Received