Modesta Isabel Sanchez Mondregon


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

Name: Modesta Isabel Sanchez Mondregon
Location: Managua, Nicaragua
Activity: Clothing Sales

About the Loan

Loan Amount: $525.00
Loan Use: To purchase various clothing for children and adults
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 1, 2009
Date Disbursed: Dec 20, 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:19.8550 NIO = 1 USD



Señora Modesta is 44-years-old and lives in the Waspan Norte neighborhood. She is single and has 4 children: three are independent and only her 17-year-old daughter still depends on her. Her plan for her family is to improve her home so she can offer them a secure inheritance. Doña Modesta has a small business selling various products such as beauty products and clothing for women and men in the northern zone of Nicaragua. She has 10 years of experience in sales. She travels on the buses of Matagalpa, many kilometers form Managua, but her sales are good. She started her business with her own funds. Her short term goal for her business is to increase her sales volume by introducing new products and entering new markets. With this request for a loan from Afodenic, she will purchase new products such as: shoes, clothing for children, toys, and school supplies for the upcoming school year. In this way, she will offer her family a better future, which is secure and protected.

Translated from Spanish by Tanya Harper, Kiva Volunteer


La Sr. Modesta tiene 44 años de edad, habita en el barrio Waspan Norte, estado civil soltera, tiene cuatros hijos, tres son independiente y solo la hija de 17 años depende de ella, sus planes para su familia es mejorar la vivienda ofreciéndole un patrimonio seguridad. Doña Modesta tiene su pequeño negocio de variedades en donde ella vende productos de belleza, ropas para damas y caballeros en la zona norte de nicaragua, con diez años de experiencia en ventas viaja en los buses de Matagalpa a muchos kilómetros de Managua, pero las ventas son buenas, lo inicio con fondos propios, las metas para corto plazo de su negocio es incrementar el volumen de venta mediante la introducción de nuevos productos y nuevos mercados. Con la solicitud del prestamos de Afodenic lograra comprar nuevos productos como: zapatos, platas, ropas para niños, juguetes para esta época, útiles escolares, ofreciéndole a su familia un porvenir mejor, seguro y protegido.

Subscribe

Lenders to this entrepreneur

Anonymous
pomona, NJ
United States

Yvette
Silver Spring, MD
United States

Laura
Austin, TX
United States

Nadia
Toronto, Ontario
Canada

H & B Pedersen
Victoria, British Columbia
Canada

Jennifer
Kenosha, WI
United States

Connie
Los Angeles, CA
United States

Bema
Europe,
Germany

Laura
Austin, TX
United States

Anita Murray
Austin, TX
United States

Louise
Brooklyn, NY
United States



Top Lending Teams for this entrepreneur


Kiva Team Germany
Local Area
528 Members

Journal entries for Modesta Isabel Sanchez Mondregon


Loan has been disbursed
 
Entrepreneur: Modesta Isabel Sanchez Mondregon
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Modesta Isabel Sanchez Mondregon 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: Modesta Isabel Sanchez Mondregon
Location: Managua, Nicaragua

Mrs. Modesta Isabel Sanchez, lives in the neighborhood Waspan north , she is dedicated to selling clothes and shoes, thanks to Kiva funds has had sold and this has led to higher earnings, has had three loan with Kiva and she feels pleased to work Kiva and Afodenic for the low interest rate and payment facilities.


Posted by Claudia Garcia from Managua, Nicaragua
Sep 21, 2009
Comment on this entry

Kiva Help Repayment Schedule for Modesta Isabel Sanchez Mondregon

  Expected Repayments Actual Repayments Comments
April 2009 $58.33 $58.54 Repayment Received
May 2009 $58.33 $62.66 Repayment Received
June 2009 $58.33 $53.80 Repayment Received
July 2009 $58.33 $61.92 Repayment Received
August 2009 $58.33 $60.45 Repayment Received
September 2009 $58.33 $58.82 Repayment Received
October 2009 $58.33 $58.15 Repayment Received
November 2009 $58.33 $110.66 Repayment Received
December 2009 $58.36 Available Dec 1 Repayment Received