Reyna De Los Angeles Reyes Flores


Status: Paid Back

$225.00   Loan Request
$225.00   Paid Back

About the Entrepreneur

Name: Reyna De Los Angeles Reyes Flores
Location: Managua, Nicaragua
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $225.00
Loan Use: Repair roof of their house
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 15, 2008
Date Disbursed: Oct 29, 2008
Date Funded:Oct 15, 2008
Loan Ended:Aug 15, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.5960 NIO = 1 USD



Reyna is 36 years old. She lives in the town of Ticuatepe with her husband Eduardo. They have three children, one of whom is married. Their two other children are 8 and 10 years old and are currently in grade school. Reyna works in a free trade area, where she earns a small salary. Nevertheless, her husband helps cover household costs. Because of the family's small earnings, they haven't been able to improve their home. For this reason, they find themselves needing a loan. The roof of their house is in very bad condition -- so much so that rain is damaging the house. They will use the loan to purchase roof sheeting made of zinc to replace the old sheeting and, in this way, improve their house little by little.

Translated from Spanish by Todd M. Anderson, Kiva Volunteer


Reyna tiene 36 años, habita en el municipio de Ticuantepe junto a su esposo Eduardo. Tuvieron tres hijos, pero uno de ellos ya está casado. Sus otros dos hijos tienen 8 y 10 años de edad y actualmente cursan la educación primaria. Reyna trabaja en una zona franca, oficio en el cual devenga un bajo salario, pero su marido la apoya en los gastos familiares. Debido a los bajos ingresos de la familia no han podido mejorar su vivienda, es por eso que están en la necesidad de un préstamo. El techo de su vivienda está en muy mal estado y las lluvias les está afectando su vivienda. Con el préstamo comprará láminas de zinc para cambiarlas y así poder ir mejorando su casa poco a poco.


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 Reyna De Los Angeles Reyes Flores


Loan has been disbursed
 
Entrepreneur: Reyna De Los Angeles Reyes Flores
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Reyna De Los Angeles Reyes Flores 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 30, 2008
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Kiva Help Repayment Schedule for Reyna De Los Angeles Reyes Flores

  Expected Repayments Actual Repayments Comments
January 2009 $25.00 $25.00 Repayment Received
February 2009 $25.00 $25.00 Repayment Received
March 2009 $25.00 $25.00 Repayment Received
April 2009 $25.00 $25.00 Repayment Received
May 2009 $25.00 $25.00 Repayment Received
June 2009 $25.00 $24.99 Repayment Received
July 2009 $25.00 $25.00 Repayment Received
August 2009 $25.00 $25.00 Repayment Received
September 2009 $25.00 $25.01 Repayment Received