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Evelyn Scarlet

Update on Evelyn Scarlet

Evelyn Scarlet is an entrepreneur whose business, which is located in her home, is offering video game services. She is a client of Fundación León, which has offered her financing for her business. She has expressed to us that this has helped her a lot since she has increased the number of games and customers. Currently, she is requesting financing in order to invest in the business by purchasing equipment and new game disks.
View original language description ↓
Evelyn Scarlet es una emprendedora que la actividad económica a la que se dedica a brindar los servicios de video juegos en el cual lo tiene ubicado en su casa de habitación, ella es clienta de Fundación León se le ha brindado financiamiento para el negocio en el cual nos expresa que le ha ayudado mucho ya que aumentado los juegos y los clientes. Actualmente está solicitando financiamiento para invertir en el negocio en la compra de equipos y discos nuevos de juegos.

Previous Loan Details

Evelyn works providing video games service and has had this business for more than three years. Since she was young, she has liked to work and get ahead due to the fact that she has two young children. They help her to manage the business and sometimes, it is her children who tend to the custom... More from Evelyn Scarlet'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
  • 67
    View loans »
    Nicaragua Loans Fundraising
  • $25,102,875
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Evelyn Scarlet to purchase equipment and new video game disks.
100% repaid
Repayment Term
20 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 Evelyn Scarlet. It was first posted on Kiva on Jan, 2011. Learn More