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Eyra De La Soledad

Update on Eyra De La Soledad

Eyra de la Soledad is a long-time Fundacion Leon 2000 customer and a responsible borrower with a good record of repaying her loans. She makes a living raising and selling pigs and chickens. She tells us that she used past loans to buy more pigs and chickens and the investment helped her to find new customers. Eyra is applying for a new loan, part of which she will use to buy more animals and the rest to buy animal feed.
View original language description ↓
Eyra de la Soledad ya ha tenido crédito con Fundación León 2000, y ha sido una clienta responsable y mantiene su record crediticio limpio, su actividad continua siendo la crianza de cerdos y gallinas en cual nos expresa Eyra que gracias al financiamiento que le brindaron a aumentado su clientela con los cerdos y la gallina que compro con el financiamiento. Eyra actualmente está solicitando crédito para invertir más en el negocio en la compra de cerdos y gallinas y el alimento de los animales.

Previous Loan Details

Eyra is 59 years old. Her business is selling pigs and hens. She has been in this business for more than 8 years. She started this business because of her husband. He used to be in charge of the business and, in order not to leave it inactive, he suggested to his wife that she take it over. ... More from Eyra De La Soledad'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
  • 81
    View loans »
    Nicaragua Loans Fundraising
  • $23,617,600
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Eyra De La Soledad to buy animals for her animal sales business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2011
Listed
Dec 28, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013