Bismarck Antonio Mejia Martinez


Status: Paying Back

$1,025.00   Loan Amount
63% repaid

About the Entrepreneur

Name: Bismarck Antonio Mejia Martinez
Location: Chontales, Nicaragua
Activity: Construction

About the Loan

Loan Amount: $1,025.00
Loan Use: Build a bedroom
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 1, 2009
Date Disbursed: Mar 20, 2009
Date Funded:Apr 19, 2009

About the Country

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



Bismarck is a young worker and he sells vegetables at the local market to support his family. He recently received a loan and he was able to put stucco on the outside of his house with the money. He is now asking for another loan so that he can add a room to his home. He wants to use the loan to better the life of his family. The interest rate for the loan through AFODENIC is low. Bismarck's biggest dream is to provide his family with a dignified home.


(Translated by Danny of San Roque School)

Translated from Spanish by San Roque School, Kiva Volunteer


Bismarck es un joven trabajador que se desempeña como comerciante de verdura en el mercado local, anteriormente obtuvo un crédito con el que logro repellar su casa, ahora espera ser beneficiado nuevamente con un credito para la construccion de una habitación y así mejorar las condiciones de vida del nucleo familiar ya que el interés que presta AFODENIC es bajo, por esta razon le gusta trabajar con esta intancia, su mayor sueño es tener una vivienda digna y bonita para su familia pues es el patrimonio que les dejara.

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Journal entries for Bismarck Antonio Mejia Martinez


Loan has been disbursed
 
Entrepreneur: Bismarck Antonio Mejia Martinez
Location: Chontales, Nicaragua

Thank you for your loan. It has been disbursed to Bismarck Antonio Mejia Martinez by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 10 months of this loan, AFODENIC will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Chontales, Nicaragua
Apr 20, 2009
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Kiva Help Repayment Schedule for Bismarck Antonio Mejia Martinez

  Expected Repayments Actual Repayments Comments
June 2009 $93.18 $93.18 Repayment Received
July 2009 $93.18 $93.18 Repayment Received
August 2009 $93.18 $93.18 Repayment Received
September 2009 $93.18 $93.18 Repayment Received
October 2009 $93.18 $93.18 Repayment Received
November 2009 $93.18 $93.18 Repayment Received
December 2009 $93.18 $93.18 Repayment Received
January 2010 $93.18 Available Jan 1  
February 2010 $93.18 Available Feb 1  
March 2010 $93.18 Available Mar 1  
April 2010 $93.20 Available Apr 1