Juan Antonio Fonseca Cerda


Status: Paid Back

$750.00   Loan Request
$750.00   Paid Back

About the Entrepreneur

Name: Juan Antonio Fonseca Cerda
Location: Leon, Nicaragua
Activity: Soft Drinks

About the Loan

Loan Amount: $750.00
Loan Use: Purchasing soft drinks.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 8, 2009
Date Disbursed: Jan 16, 2009
Date Funded:Feb 9, 2009
Loan Ended:Aug 16, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:20.1525 NIO = 1 USD



Juan Antonio Fonseca is the father of a family with two children. He is responsible for maintaining the family and providing all their food. He sells soft drinks at La Terminal Market in the city of León, where he sells to individual customers and also supplies other businesses with wholesale soft drinks.

He came to Ceprodel in need of much help, and requested a loan that would allow him to purchase soft drinks for his business. He hopes that the loan will be granted to help him keep his business afloat and, at the same time, improve living conditions for his children.


Translated from Spanish by Hannah Lily, Kiva Volunteer



El señor Juan Antonio Fonseca es padre de familia con dos hijos en su deber de mantener y brindarles la alimentación que ellos requieren. Él se dedica hoy en día a la venta de gaseosas en el mercado La Terminal de la ciudad de León donde es visitado por sus clientes y además ofrece el producto abasteciendo otros negocios al por mayor.

Con mucha necesidad ha acudido a Ceprodel para solicitar un crédito que le permita la compra de gaseosas para su venta y por esto espera que su crédito sea otorgado y así salir adelante en su negocio brindándole de igual manera mejores condiciones de vida a sus pequeños.


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Journal entries for Juan Antonio Fonseca Cerda


Loan has been disbursed
 
Entrepreneur: Juan Antonio Fonseca Cerda
Location: Leon, Nicaragua

Thank you for your loan. It has been disbursed to Juan Antonio Fonseca Cerda by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the 6 months of this loan, CEPRODEL will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Leon, Nicaragua
Feb 10, 2009
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Kiva Help Repayment Schedule for Juan Antonio Fonseca Cerda

  Expected Repayments Actual Repayments Comments
April 2009 $120.06 $120.06 Repayment Received
May 2009 $121.99 $121.99 Repayment Received
June 2009 $123.96 $123.95 Repayment Received
July 2009 $125.96 $125.96 Repayment Received
August 2009 $127.98 $127.98 Repayment Received
September 2009 $130.05 $130.06 Repayment Received