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Briceida Urania

Update on Briceida Urania

Briceida is 64 years old and she has been selling clothes for more than 11 years. She set up this business because she needed to create a source of income for her home as she is responsible for two dependent children. They are the reason why she continually makes the effort to continue with her business, getting up early every day to start making sales. The loan that Briceida is applying for will be used to buy pants, shirts for men and women, T-shirts, tops and other items.
View original language description ↓
Briceida tiene 64 años, ella se dedica a la venta de ropa. Hace más de 11 años que tiene este medio de vida, inicio por la necesidad de obtener una fuente de ingresos para su hogar, pues ella tiene 2 hijos menores de edad a su cargo. Es por eso que cada día se esfuerza más para seguir con este negocio. Ella se levanta temprano para empezar sus ventas. El crédito es para la compra de pantalones, camisas de vestir para hombres y mujeres, camisetas, camisolas entre otros.

Previous Loan Details

Briceida Urania sells new and used clothes. She has been a client of Fundación Leon 2000 for a long time and has shown a lot of determination to get ahead in life. She started out in this line of work because she had two children in her care for whom she had to provide food, education and cloth... More from Briceida Urania's previous loan »

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,045,725
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Briceida Urania to buy pants, shirts for men and women, T-shirts, tops and other items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 8, 2011
Sep 23, 2011
Currency Exchange Loss:
Sep 15, 2012