Ricardo De Jesus Ruiz Hernandez


Status: Paying Back

$925.00   Loan Amount
25% repaid

About the Entrepreneur

Name: Ricardo De Jesus Ruiz Hernandez
Location: Managua, Nicaragua
Activity: Farm Supplies

About the Loan

Loan Amount: $925.00
Loan Use: Purchase supplies and fertilizers to increase production.
Repayment Term: 20 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Apr 1, 2009
Date Disbursed: Mar 14, 2009
Date Funded:Apr 4, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:19.8470 NIO = 1 USD



Mr. Ricardo de Jesus Hernandez is 47 years old and a resident of the Reparto Juan Padilla located in the town of Ticuantepe. His wife, with whom he has three sons -- two of them are married and a 17-year-old that lives with them, works at the city's Mexico-Nicaraguan Hospital to help cover living expenses. Their youngest son goes to school and works with agriculture as well. His plans for his family include improving their living standards in order to provide a better future for his son and to help him grow to be a respectable man. Mr. Ricardo has worked with agriculture for thirty years and the biggest obstacles that have risen throughout the years have been the absence of financial support to purchase supplies and fertilizers. This credit line would be used to purchase the fertilizers needed to promote agriculture growth and a satisfactory production which will be beneficial to his personal life and the industry altogether.

Translated from Spanish by Bertolt Cantalice, Kiva Volunteer


El señor Ricardo de Jesús Ruiz Hernández tiene la edad de 47 años habita en el Reparto Juan Ramón Padilla ubicado en el municipio de Ticuantepe , junto a su esposa la cual trabaja en el hospital México nicaragüense del Municipio , para ayudarle con los gastos del hogar , ellos tiene tres hijos de los cuales dos están casado y uno de 17 años tiene a su cargo , el joven estudia y le apoya con la agricultura , los planes hacia su familia es mejorar las condiciones de vida para ofrecerle un mejor futuro a su hijo y sea un hombre de buenas costumbres , don Ricardo desde hace treinta años se dedica a la actividad agrícola , el mayor problema que ha surgido durante este tiempo es la falta de financiamiento para la compra de insumos y fertilizantes, con este crédito es para comprar los fertilizantes necesario que requiera el cultivo para obtener una buena producción, que será de mucho beneficios para su vida personal como en el comercio.

Subscribe

Lenders to this entrepreneur

Laurent D
Brussels,
Belgium

Rich
Charlotte, NC
United States

Paulina
M, Distrito Federal
Mexico

Anonymous
Freeport, IL
United States

Travis
Greensboro, NC
United States

Sam
Springfield, VA
United States

Brad
Santa Rosa, CA
United States

Anonymous
San Antonio, TX
United States

Tom
Seattle, WA
United States

Barney
DeKalb, IL
United States

mary
Seattle, WA
United States

TCU CEO
Ft. Worth, TX
United States

Loyda R
Sabana Grande, PR
United States

Kamran
Santa Monica, CA
United States

Daniel
Orange, CA
United States

Matthew
Ottawa, Ontario
Canada



Top Lending Teams for this entrepreneur


Team Europe
Local Area
1243 Members

Texas Christian University
Colleges/Universities
8 Members

Tracey & Kamran
Events
16 Members

Journal entries for Ricardo De Jesus Ruiz Hernandez


Loan has been disbursed
 
Entrepreneur: Ricardo De Jesus Ruiz Hernandez
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Ricardo de Jesus Ruiz Hernandez by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 18 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
Apr 5, 2009
Comment on this entry

Kiva Help Repayment Schedule for Ricardo De Jesus Ruiz Hernandez

  Expected Repayments Actual Repayments Comments
June 2009 $0.00 $35.42  
July 2009 $0.00 $29.56  
August 2009 $0.00 $33.95  
September 2009 $0.00 $30.38  
October 2009 $0.00 $32.81  
November 2009 $0.00 $36.88  
December 2009 $0.00 $32.73  
November 2010 $925.00 Available Nov 1