Noel Alberto Ramírez Hernández


Status: Paid Back

$275.00   Loan Request
$275.00   Paid Back

About the Entrepreneur

Name: Noel Alberto Ramírez Hernández
Location: Managua, Nicaragua
Activity: Cattle

About the Loan

Loan Amount: $275.00
Loan Use: For the purchase of a calf.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 21, 2009
Date Disbursed: Feb 16, 2009
Date Funded:Mar 21, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:20.0235 NIO = 1 USD



In the municipality of San Rafael in Managua Mr. Noel Ramirez has been raising cattle with much effort for some years. It is important to emphasize that Mr. Noel has managed to get ahead even though he is a widower and has a child to support.


Today the reason he is turning to Ceprodel is to benefit from a loan to purchase a calf that he requires to continue his business. For this reason he is hoping to be granted the loan as soon as possible so that he can continue to provide for his small child in his municipality.

Translated from Spanish by Breanne Kochert, Kiva Volunteer



En el municipio de San Rafael en Managua el señor Noel Ramírez se dedica a su actividad de ganadería habiéndose dedicado con mucho empeño a su actividad desde hace varios años. Es de importancia destacar que el señor Noel lha logrado salir adelante ya que es viudo y con un hijo que mantener.

Hoy en día el motivo por el cual ha acudido a Ceprodel es para ser beneficiado con un crédito para la compra de una ternera ya que requiere obtenerla para así continuar en su actividad y por esto espera que su crédito sea otorgado lo mas pronto posible para así continuar beneficiando a su pequeño hijo en su municipio.



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Journal entries for Noel Alberto Ramírez Hernández


Loan has been disbursed
 
Entrepreneur: Noel Alberto Ramírez Hernández
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Noel Alberto Ramírez Hernández by CEPRODEL in Nicaragua. We are excited to watch this business grow. Over the 6 months of this loan, CEPRODEL will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Managua, Nicaragua
Mar 22, 2009
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Kiva Help Repayment Schedule for Noel Alberto Ramírez Hernández

  Expected Repayments Actual Repayments Comments
May 2009 $0.00 $35.75  
June 2009 $53.41 $43.20 Repayment Received
July 2009 $54.19 $28.64 Repayment Received
August 2009 $54.99 $98.72 Repayment Received
September 2009 $55.80 $12.08 Repayment Received
October 2009 $56.61 $56.61 Repayment Received