Victor Manuel Alvarez Cardenal


Status: Paid Back

$300.00   Loan Request
$300.00   Paid Back

About the Entrepreneur

Name: Victor Manuel Alvarez Cardenal
Location: Managua, Nicaragua
Activity: Farming

About the Loan

Loan Amount: $300.00
Loan Use: to buy fertilizer and pesticide
Repayment Term: 10 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Mar 4, 2009
Date Disbursed: Feb 17, 2009
Date Funded:Mar 4, 2009
Loan Ended:Nov 15, 2009

About the Country

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



35-year old Señor Víctor Manuel Álvarez lives with his wife and children in the neighbourhood of Juan Ramón Padilla. His wife sells clothing to help with household expenses, while he has been a farmer for 20 years. His parents taught him how to work the land. Señor Víctor and his wife have two children who are still at primary school. Their plan for the future is to improve the living conditions of the family and make life more comfortable. With the loan, Sr. Víctor will buy fertilizer and pesticide to improve his crops which he will then sell for a good price at the market.

Translated from Spanish by Jane Agg, Kiva Volunteer


El señor Víctor Manuel Álvarez tiene la edad de 35 años habita en el reparto Juan Ramón Padilla , junto a su esposa e hijos , la esposa de don víctor trabaja como comerciante de ropa para apoyarle con los gastos del hogar ya que el se dedica a la agricultura desde hace veinte años , sus padres le inculcaron como trabajar la tierras , ellos tiene a su cargo dos hijos los cuales estudian todavía su primaria , los planes hacia un futuro es mejorar las condiciones de vida de su familia ya que desea brindarle mas comodidad, con esta solicitud del crédito va invertir en comprar fertilizantes y venenos para mejorar el cultivo. Y a si vender a buen precio en el mercado

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Lenders to this entrepreneur

Jeff and Sharon
Clemmons, NC
United States

Keith
San Francisco, CA
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Anonymous
Fletcher, NC
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Andreas & Knut (Germany)
Köln,
Germany

Stephen
Chicago, IL
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sekimonryu
los angeles, CA
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Jim

Jacob
Toronto, Ontario
Canada

Scott
Albuquerque, New Mexico
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David
Guelph, Ontario
Canada

Betty
Austin, TX
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Kent
Orlean, VA
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Journal entries for Victor Manuel Alvarez Cardenal


Loan has been disbursed
 
Entrepreneur: Victor Manuel Alvarez Cardenal
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Victor Manuel Alvarez Cardenal by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 8 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 Victor Manuel Alvarez Cardenal

  Expected Repayments Actual Repayments Comments
May 2009 $0.00 $1.49  
June 2009 $0.00 $4.37  
July 2009 $0.00 $4.26  
August 2009 $0.00 $3.77  
October 2009 $0.00 $4.62  
December 2009 $300.00 $281.49 Repayment Received