Francisco Alberto Chávez Mejía


Status: Paid Back

$325.00   Loan Request
$325.00   Paid Back

About the Entrepreneur

Name: Francisco Alberto Chávez Mejía
Location: Managua, Nicaragua
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $325.00
Loan Use: Construction of two walls and change the roof of his home.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 21, 2008
Date Disbursed: Oct 5, 2008
Date Funded:Sep 21, 2008
Loan Ended:Aug 15, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.8775 NIO = 1 USD



Francisco, at 33 years old, is a professional painter with 19 years of experience. Today he lives in the San Judas neighborhood, is married, and has three children in primary school. His wife works in sales and inthis way supports Francisco wtih the household expenses. With the loan he will make improvements to his home, putting up two walls and he will change the roof as it is in poor codition and he wants to put new zinc in order to have a safer home for his family. It has been difficult for him to finish his home and what he longs for is being able to have a worthy home for his family.

Translated from Spanish by Cindy Kendall, Kiva Volunteer


Francisco a sus 33 años de edad, es pintor profesional con diecinueve años de experiencia. Actualmente habita en el barrio San Judas, es casado, tienen tres hijos menores de edad, que estudian la primaria. Su esposa trabaja en ventas varias y así apoyar a Francisco con los gastos del hogar. Con el préstamo solicitado hará mejoras a su hogar, levantará dos paredes y cambiará el techo ya que esta en muy mal estado y quiere poner zinc nuevo, para así tener una vivienda más segura para su familia, ya que su dificultad ha sido poder terminar de hacer su vivienda y lo que el anhela es poder tener una vivienda digna para su familia.


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

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Journal entries for Francisco Alberto Chávez Mejía


Loan has been disbursed
 
Entrepreneur: Francisco Alberto Chávez Mejía
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Francisco Alberto Chávez Mejía 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 5, 2008
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Kiva Help Repayment Schedule for Francisco Alberto Chávez Mejía

  Expected Repayments Actual Repayments Comments
January 2009 $36.11 $36.11 Repayment Received
February 2009 $36.11 $36.11 Repayment Received
March 2009 $36.11 $36.11 Repayment Received
April 2009 $36.11 $36.11 Repayment Received
May 2009 $36.11 $36.11 Repayment Received
June 2009 $36.11 $36.11 Repayment Received
July 2009 $36.11 $36.11 Repayment Received
August 2009 $36.11 $36.11 Repayment Received
September 2009 $36.12 $36.12 Repayment Received