Maria De Los Santos Gonzalez Gonzalez


Status: Paid Back

$325.00   Loan Request
$325.00   Paid Back

About the Entrepreneur

Name: Maria De Los Santos Gonzalez Gonzalez
Location: Managua, Nicaragua
Activity: Food Market

About the Loan

Loan Amount: $325.00
Loan Use: To purchase staple grains and fruits.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 1, 2009
Date Disbursed: Dec 6, 2008
Date Funded:Jan 5, 2009
Loan Ended:Oct 15, 2009

About the Country

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



María is 42 years old, married, and her husband is a driver. She lives in the Casimiro Sotelo neighborhood in the capital city of Managua. She has two daughters, ages 23 and 12, who both are studying and help out their mother. Her plans have become a reality little by little, and she has had her house for 22 years which gives her more security and comfort for the family. She has made improvements to the home using micro-finance capital. María has a small business selling staple grains and fried foods, in which she has twelve years of experience. Her goals are to offer new products, attract new customers, and increase her sales. Thanks to the loans from Afodenic, she will manage to invest further in her business by buying new merchandise such as: staple grains, fruits, vegetables and cosmetics.

Translated from Spanish by Mary Lynn Malaby, Kiva Volunteer


La Sr. María tiene 42 años de edad, es casada su esposo es conductor, habita en el barrio Casimiro Sotelo en la capital de Managua, tiene dos hijas de 23 y 12 años de edad ambas estudian y ayudan a su madre. Sus planes se han realizando poco a poco, ya que desde 22 años tiene su casa, dándole mayor seguridad y comodidad a su familia realizando mejoras en su hogar con el financiamiento de micro financieras. Doña María posee un pequeño negocio de venta de granos básicos y fritanga cuenta con doce años de experiencia laboral. Sus metas es ofertar nuevos productos, captar nuevos clientes, aumentar el volumen de las ventas y tener mayores utilidades. Agracias a los préstamos de Afodenic lograra invertir en su negocio con las compra de nuevos productos como: granos básicos, fruta, vegetales y cosméticos.

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Journal entries for Maria De Los Santos Gonzalez Gonzalez


Loan has been disbursed
 
Entrepreneur: Maria De Los Santos Gonzalez Gonzalez
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Maria de los Santos Gonzalez Gonzalez by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 9 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 6, 2009
Comment on this entry

up date from managua
 
Entrepreneur: Maria De Los Santos Gonzalez Gonzalez
Location: Managua, Nicaragua

Maria de los Santos Ganzales Ganzales, ella es vendedora de Granos Basicos y refrescos, solicito un prestamo para comprar granos basicos frutas y verduras con el objetivo de aumentar las ganancias de su negocio, el resultado de este credito ha sido muy bueno puesto que le permitio capitalizarze y obtener mayoers utilidades, tiene planeado solicitar un nuevo prestamo para contnuar invirtiendolo en su negocio, esta agradecida copn los fondos Kiva por que es una aalternativa viable puesto que les ayuda a combatir la pobreza a los paises pocos desarrollados.

Maria de los Santos Ganzales Ganzales was funded through Kiva’s partner AFODENIC, a microfinance institution in Nicaragua. By providing micro-loans on a national level since 1999, AFODENIC seeks to use micro-credit to foster productive commercial activity for the sake of economic, social, and cultural development within vulnerable urban and rural sectors traditionally neglected by commercial banks.

To lend to another AFODENIC borrower: www.kiva.org/app.php?page=businesses&queryString=afodenic&status=fundRaising&gender=All§ors[]=All®ions[]=All&sortBy=Popularity

To learn more about AFODENIC:

www.afodenic.com

www.kiva.org/about/aboutPartner?id=98

To join the “Amigos de AFODENIC” lending team:

www.kiva.org/community/viewTeam?team_id=5971


Posted by Claudia Garcia from Managua, Nicaragua
Nov 11, 2009
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Kiva Help Repayment Schedule for Maria De Los Santos Gonzalez Gonzalez

  Expected Repayments Actual Repayments Comments
March 2009 $36.11 $37.97 Repayment Received
April 2009 $36.11 $34.25 Repayment Received
May 2009 $36.11 $41.39 Repayment Received
June 2009 $36.11 $38.31 Repayment Received
July 2009 $36.11 $28.90 Repayment Received
August 2009 $36.11 $36.80 Repayment Received
September 2009 $36.11 $41.13 Repayment Received
October 2009 $36.11 $30.13 Repayment Received
November 2009 $36.12 $36.12 Repayment Received