Mario Francisco Siero Valle


Status: Paying Back

$1,200.00   Loan Amount
85% repaid

About the Entrepreneur

Name: Mario Francisco Siero Valle
Location: Managua, Nicaragua
Activity: Food Market

About the Loan

Loan Amount: $1,200.00
Loan Use: To buy staple foods and school supplies.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 1, 2009
Date Disbursed: Dec 24, 2008
Date Funded:Feb 6, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.9500 NIO = 1 USD



Mario Francisco Siero Valle is 51 years old and lives outside Ticuantepe with his wife who helps him with the household expenses as she has been a teacher at the local high school for the past 20 years. In the evenings she helps to attend to the grocery store which they run together. They have no dependents as their children are now married and live in their own homes. He wants to improve the living conditions of his family. For the past 10 years, he has worked as a shopkeeper in his home, thanks to his hard work he has been able to start his grocery business where he sells a variety of goods. He will use the loan to buy staple foods and school supplies as these sell well at the beginning of the school year. His plan for the future is to increase his business so that he can improve its state.

Translated from Spanish by Laure Kwon, Kiva Volunteer


El señor Mario Francisco Siero Valle, tiene la edad de 51 años, habita en Kilómetro 17 ½ carretera hacia ticuantepe, junto a su esposa, la cual le ayuda con los gastos del hogar ya que ella se desempeña como docente desde hace veinte años en el colegio del barrio y por las tardes ayuda a despachar en la pulpería que administran ambos, no tiene a su cargo hijos ya que están casados y viven dependiente, los planes hacia su familia es mejorar las condiciones de vida. El desde hace diez años trabaja como comerciante en su casa de habitación, con sus propios esfuerzos a logrado establecer su negocio en una pulpería donde vende variedad de productos, con la solicitud del préstamo quiere comprar granos básicos, y útiles escolares ya que es buena la venta al comienzo del curso del año, los planes hacia un futuro es lograr incrementar su negocio para mejor las condiciones del mismo.

Subscribe

Lenders to this entrepreneur

Fabian
Leinfelden,
Germany

Suzanna
Gainesville, FL
United States

Nathan
Brooklyn, NY
United States

David G
Kanata, Ontario
Canada

Brock
Waterloo, IL
United States

Mary
Burlingame, CA
United States

Vermonter
So. Burlington, VT
United States

Laurent D
Brussels,
Belgium

Thomas and Family
Bayport, MN
United States

Adar
Oakland, CA
United States

Gail and Gary
Bellingham, WA
United States

Steven
geneva,
Switzerland

Wonga.com
London, London
United Kingdom

Kevin
San Francisco, CA
United States

Nancy
Clark, NJ
United States

Jeff & Tracy
Ozark, AL
United States

PinaWongFoundation
Miami, FL
United States

Chris
Quincy, MA
United States

Anonymous
New Rochelle, NY
United States

Aaron
Silverdale, WA
United States

Paul

United States

Antonia
Seattle, WA
United States

Alison
Edinburgh, Scotland
United Kingdom

Vic
Chico, CA
United States

Cees
Surrey, British Columbia
Canada

Deuce
El Monte, CA
United States

Tyler
Fort Worth, TX
United States

Sascha
San Francisco, CA
United States

Jeanette
Greenwood Village, CO
United States



Top Lending Teams for this entrepreneur


Kiva Christians
Friends
3086 Members

Starlight Group
Friends
3 Members

Wonga.com
Businesses
47 Members

Team Schlumberger
Businesses
21 Members

Journal entries for Mario Francisco Siero Valle


Loan has been disbursed
 
Entrepreneur: Mario Francisco Siero Valle
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Mario Francisco Siero Valle by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 12 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
Feb 7, 2009
Comment on this entry

Kiva Help Repayment Schedule for Mario Francisco Siero Valle

  Expected Repayments Actual Repayments Comments
April 2009 $200.00 $205.96 Repayment Received
May 2009 $100.00 $101.83 Repayment Received
June 2009 $100.00 $101.95 Repayment Received
July 2009 $100.00 $100.92 Repayment Received
August 2009 $100.00 $103.74 Repayment Received
September 2009 $100.00 $101.43 Repayment Received
October 2009 $100.00 $101.37 Repayment Received
November 2009 $100.00 $102.00 Repayment Received
December 2009 $100.00 $101.81 Repayment Received
January 2010 $100.00 Available Jan 1  
February 2010 $100.00 Available Feb 1