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Ada Zila

Update on Ada Zila

Ada Zila is an entrepreneur who fights to get ahead every day with her children. This entrepreneur has had a loan already with Fundación León 2000, in which she has shown herself to be a responsible person with a desire to improve herself in business and personally. Her biggest dream is that her children will finish their studies, which is the best legacy she will leave them.

Currently Ada Zila is requesting a loan to invest in her business by buying pants for women, men, and children; blouses; cosmetics; and other products that her customers request.
View original language description ↓
Ada Zila es una emprendedora que lucha por salir adelante día a día junto con sus hijos, esta emprendedora ya ha tenido crédito con Fundación León 2000 en el cual ha demostrado ser una persona responsable y con deseo de superación en el negocio y en lo personal. Su mayor sueño es que sus hijos terminen sus estudios que es la mejor herencia que le dejara. Actualmente Ada Zila está solicitando crédito para invertir en el negocio en la compra de pantalones para damas, caballeros, niños, blusa, cosméticos entre otros productos que demandan sus clientes.

Previous Loan Details

Ada Zila sells general merchandise. She spends a lot of time doing this, since for her it is very important to offer her family their daily bread. She has had this business for over 16 years. She is a person who is always looking for a way to improve her income. Her two children who are under her... More from Ada Zila'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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Ada Zila to buy pants for women, men, and children; blouses; cosmetics; and other products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 14, 2011
Jan 17, 2012
Currency Exchange Loss:
Dec 15, 2012
This photo was used before for a previous loan for Ada Zila. It was first posted on Kiva on Jan, 2011. Learn More