Jose Diego Calderon Matey


Status: Paying Back

$775.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Jose Diego Calderon Matey
Location: Managua, Nicaragua
Activity: Manufacturing

About the Loan

Loan Amount: $775.00
Loan Use: Purchasing materials to make mattresses
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 3, 2009
Date Disbursed: Feb 20, 2009
Date Funded:Mar 4, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.9705 NIO = 1 USD



José Diego has been making soft mattresses for 21 years. He started after selling a property in Palacauina and moving to Managua. Jose Diego is 50 years old, is married and has two sons, 24 and 26, who live on their own.

The loan that Jose Diego requests will be used to purchase materials for making mattresses and to improve the small shop where he works.

This is Jose Diego's fourth loan with Kiva partner Afodenic. All the previous loans have resulted in an increase in production sales, and he hopes to continue working with Afodenic.




Translated from Spanish by Maria B., Kiva Volunteer


El Sr. José Diego elabora colchones desde hace veintiún año, el inicio cuando vendió su propiedad en palacaguina donde habitaba con su hermano y se trasladaron ala capital de Managua, tiene 50 años y reside en villa Venezuela su esposa le tiene dos hijos de 24 y 26 años de edad que viven independiente, con ese dinero de la venta compraron otra casa y iniciaron el pequeño negocio. Don José con esta solicitud de crédito va invertir en la compra de materia prima, para la elaboración de los colchones y otra parte va utilizar para mejorar la infraestructura del local donde elabora sus productos, ya que es pequeño, este es su cuarta solicitud en Afodenic y que lo ha beneficiado para incrementar sus productos y ventas y espera a futuro seguir trabajando con la institución.


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Journal entries for Jose Diego Calderon Matey


Loan has been disbursed
 
Entrepreneur: Jose Diego Calderon Matey
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Jose Diego Calderon Matey by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 14 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
Mar 5, 2009
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Kiva Help Repayment Schedule for Jose Diego Calderon Matey

  Expected Repayments Actual Repayments Comments
June 2009 $55.36 $56.52 Repayment Received
July 2009 $55.36 $56.19 Repayment Received
August 2009 $55.36 $56.28 Repayment Received
September 2009 $55.36 $56.18 Repayment Received
October 2009 $55.36 $56.08 Repayment Received
November 2009 $55.36 $56.34 Repayment Received
December 2009 $55.36 $55.69 Repayment Received
January 2010 $55.36 Available Jan 1  
February 2010 $55.36 Available Feb 1  
March 2010 $55.36 Available Mar 1  
April 2010 $55.36 Available Apr 1  
May 2010 $55.36 Available May 1  
June 2010 $55.36 Available Jun 1  
July 2010 $55.32 Available Jul 1