Evelyn Scarlet Guevara

Evelyn Scarlet Guevara is 34 years old and has 2 dependent children. She is a good client of Fundación León 2000 and has always demonstrated excellent credit management. She operates a video game business out of her mother’s house, where she also supervises the children who visit. She is a very cheerful woman and the kids love her because she is good to them.

Her loan will be used to purchase new equipment, such as Nintendo controllers and chargers, and to repair some televisions.

Translated from Spanish by Ronan Reodica, Kiva Volunteer

Evelyn Scarlet Guevara es una joven de 34 años y tiene 2 hijos, que todavía dependen de ella. Ella es una buena cliente de Fundación León 2000, pues siempre ha demostrado tener un bien manejo de su record crediticio. La actividad económica a la que se dedica es ofrecer los servicios de videos juegos. La ubicación de su negocio es en la casa de habitación de su Mama, pero es ella quien se encarga de atender a los niños. Es una mujer muy alegre y los niños les gusta ya que ella es una muy buena. El dinero será para la compra de nuevos equipos de nintendos como controles, cargadores y reparar algunos televisores.


Important Information About This Loan
In mid 2008, a movement began in Nicaragua called “Movimiento No Pago” (a movement for non-payment of loans). This movement, supported mostly by farmers of the north of Nicaragua with ties to the left-wing party in Nicaragua, has been organizing protests and making it difficult for some branches of microfinance institutions to operate normally. This movement has been fed by the global the economic crisis, which has made it more difficult for Nicaraguans to pay back their loans. This group has submitted a law to the government to create a moratorium on debt repayment. If passed, the law could have a severe effect on the microfinance industry and banking sector in Nicaragua. Recent information indicates that the situation may be improving as the President of Nicaragua has spoken out against this law and would not support its passage in its current form. The network of microfinance institutions in Nicaragua (ASOMIF) has been negotiating with the government in support of an alternative proposal. Kiva, along with 25 other funders from 9 countries, has signed onto a letter to the Nicaraguan government urging a resolution to this situation without enacting a moratorium on debt repayment. The potential passage of the debt moratorium increases the risk of lending in Nicaragua. For more information, please see the following articles: http://impreso.elnuevodiario.com.ni/2009/09/24/nacionales/110236; http://www.laprensa.com.ni/archivo/2009/octubre/16/noticias/economia/355010.shtml

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