Carlota Del Carmen Lopez Navarro


Status: Paying Back

$800.00   Loan Amount
71% repaid

About the Entrepreneur

Name: Carlota Del Carmen Lopez Navarro
Location: Managua, Nicaragua
Activity: Grocery Store

About the Loan

Loan Amount: $800.00
Loan Use: To buy canned goods, dairy products, soda, and meats
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 4, 2009
Date Disbursed: Mar 25, 2009
Date Funded:Apr 8, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:20.1400 NIO = 1 USD



Carlota is 58 years-old and resides in San Judas in the city of Managua. She lives with her three children, who work to support their family. Her business is a general store which with a lot of effort allowed her to have her own income since she is a widow and does not have support. She began her business with her own funds. Her objective is to buy various merchandise to supply the grocery store with canned goods, dairy products, and meats to offer to her clients. Her goals are to increase the volume of sales.

Translated from Spanish by Anne Rodriguez, Kiva Volunteer


Doña Carlota tiene 58 años de edad, reside en San Judas en la ciudad de Managua, con tres hijos, los cuales trabajan para apoyar a su familia, su negocio es una pulpería que con mucho esfuerzo logro a poner para tener sus propios ingresos ya que es viuda y no tiene un apoyo. Inicio con fondos propios. Su objetivo es comprar mercadería variada para surtir la pulpería con productos enlatados, productos lácteos, y carnes. Para ofertar a sus clientes. Sus metas es incrementar el volumen de ventas.


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Journal entries for Carlota Del Carmen Lopez Navarro


Loan has been disbursed
 
Entrepreneur: Carlota Del Carmen Lopez Navarro
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Carlota del Carmen Lopez Navarro by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 9 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 9, 2009
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update from nicaragua
 
Entrepreneur: Carlota Del Carmen Lopez Navarro
Location: Managua, Nicaragua

Mrs. Carlota del Carmen Navarro Lopez: she is a trader, the reason why she asked for the loan is to invest in her business. The loan was used to buy dairy products, sodas, chicken and others. She claimed to have very good earnings and wanted to continue to seek loans in order to improve her house and buy a truck. She recommends these loans because they allow the development of small businesses.


Posted by Francisco Montoya Baez from Managua, Nicaragua
Jul 18, 2009
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Kiva Help Repayment Schedule for Carlota Del Carmen Lopez Navarro

  Expected Repayments Actual Repayments Comments
June 2009 $80.00 $82.72 Repayment Received
July 2009 $80.00 $84.98 Repayment Received
August 2009 $80.00 $80.89 Repayment Received
September 2009 $80.00 $80.78 Repayment Received
October 2009 $80.00 $80.76 Repayment Received
November 2009 $80.00 $81.28 Repayment Received
December 2009 $80.00 $79.77 Repayment Received
January 2010 $80.00 Available Jan 1  
February 2010 $80.00 Available Feb 1  
March 2010 $80.00 Available Mar 1