Marvin Bernardo Antón Quedo


Status: Paying Back

$400.00   Loan Amount
73% repaid

About the Entrepreneur

Name: Marvin Bernardo Antón Quedo
Location: Leon, Nicaragua
Activity: Bicycle Repair

About the Loan

Loan Amount: $400.00
Loan Use: Purchasing replacement bicycle parts to sell, and tools for his bicycle repair service.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 8, 2009
Date Disbursed: Jan 7, 2009
Date Funded:Feb 8, 2009

About the Country

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



Marvin Bernardo Antón is young, married, and has three children. He has a bicycle repair service in La Terminal Market in the city of León, where he has a lot of business, since he is a good worker and has extensive experience working with bikes.

Since it is a developing businesses, Marvin's repair shop needs funds to purchase spare parts to sell at his shop, and also tools for servicing the bikes. This is why he has looked to Ceprodel, hoping that his loan will be granted and allow him to improve the bicycle repair shop he runs in his town.


Translated from Spanish by Hannah Lily, Kiva Volunteer



Marvin Bernardo Antón es un joven casado y con tres hijos que se dedica a su actividad de servicio de reparacion de bicicletas en el mercado La Terminal de la ciudad de León donde es muy visitado por ser un buen trabajador y por tener amplia experiencia en el trabajo con las bicicletas.

Como todo negocio en desarrollo, el taller de Marvin requiere de la inversión para la compra de repuestos para venta y a la vez para compra de herramientas de trabajo y es por este motive que él ha acudido a Ceprodel esperando que su crédito le sea otorgado y así mejorar el servicio de reparación de bicicletas en su localidad.


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Journal entries for Marvin Bernardo Antón Quedo


Loan has been disbursed
 
Entrepreneur: Marvin Bernardo Antón Quedo
Location: Leon, Nicaragua

Thank you for your loan. It has been disbursed to Marvin Bernardo Antón Quedo by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the 11 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 9, 2009
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Kiva Help Repayment Schedule for Marvin Bernardo Antón Quedo

  Expected Repayments Actual Repayments Comments
April 2009 $30.48 $30.48 Repayment Received
May 2009 $30.97 $30.97 Repayment Received
June 2009 $31.47 $31.47 Repayment Received
July 2009 $31.98 $31.98 Repayment Received
August 2009 $32.49 $32.49 Repayment Received
September 2009 $33.02 $33.02 Repayment Received
October 2009 $33.55 $33.55 Repayment Received
November 2009 $34.09 $34.09 Repayment Received
December 2009 $34.64 $34.64 Repayment Received
January 2010 $35.20 Available Jan 1  
February 2010 $35.76 Available Feb 1  
March 2010 $36.35 Available Mar 1