Luis Antonio Fuentes Meza


Status: Paying Back

$875.00   Loan Amount
86% repaid

About the Entrepreneur

Name: Luis Antonio Fuentes Meza
Location: Managua, Nicaragua
Activity: Food Market

About the Loan

Loan Amount: $875.00
Loan Use: To purchase basic grains, fruits, and vegetables
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 1, 2009
Date Disbursed: Dec 6, 2008
Date Funded:Jan 6, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.7995 NIO = 1 USD



Señor Luís is 46 years old, a resident of the neighborhood Laureles Norte of the capital of Managua. He has two sons, of 12 and 19 years of age. He is married to his wife, who is the one who works in the shop. The plans that he has for his family are to improve the living conditions and to prepare his children for a profession. Don Luís has had the shop for four years and started it with his own resources by his work. In the economic field, he wants to increase the sales of new products preferred by his clients. Thanks to the loans from Afrodenic, he will meet the economic plans in the purchase of products such as grains, vegetables, fruits, cosmetics, and varieties to grow his revenue.

Translated from Spanish by Carrie Ting, Kiva Volunteer


El Sr. Luís tiene 46 años de edad, habitante de barrio Laureles Norte de la capital de Managua, tiene dos hijos de 12 y 19 años de edad, casado su esposa es la que atiende la pulpería. Los planes que tiene para su familia es mejorar las condiciones de vida y que sus hijos se preparen con una profesión .Don Luís posee una pulpería desde hace cuatro años de edad, el inicio con recursos propios generado por el trabajo que poseía. En el ámbito económico es aumentar las ventas con nuevos productos que nuestros clientes van a preferir. Gracias a los préstamos de Afodenic cumplirá los planes económicos en la compra de productos como: granos básicos, verduras, frutas, cosméticos y variedades aumentando sus ingresos.

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Journal entries for Luis Antonio Fuentes Meza


Loan has been disbursed
 
Entrepreneur: Luis Antonio Fuentes Meza
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Luis Antonio Fuentes Meza by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 11 months of this loan, AFODENIC will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Managua, Nicaragua
Jan 7, 2009
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Kiva Help Repayment Schedule for Luis Antonio Fuentes Meza

  Expected Repayments Actual Repayments Comments
March 2009 $72.92 $72.92 Repayment Received
April 2009 $72.92 $87.84 Repayment Received
May 2009 $72.92 $74.43 Repayment Received
June 2009 $72.92 $148.80 Repayment Received
July 2009 $72.92 $0.00 Repayment Received
August 2009 $72.92 $73.66 Repayment Received
September 2009 $72.92 $73.27 Repayment Received
October 2009 $72.92 $73.18 Repayment Received
November 2009 $72.92 $148.90 Repayment Received
December 2009 $72.92 Available Dec 1 Repayment Received
January 2010 $72.92 Available Jan 1  
February 2010 $72.88 Available Feb 1