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Calixtra De Jesus

Update on Calixtra De Jesus

Calixta De Jesús has a grocery store. Her business is located in her home where most of her customers come to ask for various products.

Calixta strives everyday to do the best she can in her business. This opportunity came about through the idea from a friend who offered her guidance with the business, and so it was that she decided to buy certain products and to have her own business.

The loan is in order to buy basic grains, soft drinks, candy, shampoo and detergents.
View original language description ↓
Calixta De Jesús su actividad es una pulpería. Su negocio está ubicado en su vivienda, en donde la mayoría de sus clientes llegan a solicitarle una gran variedad de productos, Calixta se esfuerza cada día en ofrecer lo mejor en su negocio. Esta oportunidad surgió por la idea de una amiga que le brindo cierta orientación con este negocio, fue así que decidió comenzar a comprar ciertos productos y llegar a tener su propio negocio. El crédito es para la compra de granos básicos, refrescos, golosinas, shampoo, pan y detergentes.

Previous Loan Details

Calixtra, age 65, has worked with Fundación León 2000 for a long time. The loans have been a great help to her, and thanks to this support she has been able to expand her business. She is a responsible person who benefits from this lifestyle. Her family is made up of four people for whom she has ... More from Calixtra De Jesus'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

  • $3,636
    Average annual income
  • 121
    View loans »
    Nicaragua Loans Fundraising
  • $24,041,375
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Calixtra De Jesus to buy basic grains, soft drinks, candy, shampoo, bread and detergents.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2011
Listed
Nov 14, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012