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Yadira De Los Angeles

Update on Yadira De Los Angeles

Yadira De los Ángeles has been working with Fundación León 2000, after receiving a loan to invest in her business. She tells us that her business is presently doing very well. She has new customers who come to her for the quality of the service that she offers. Her previous loan was used to increase her work capital and her service is now is high demand.

Yadira is requesting another loan to buy products for her business such as basic grains, meat, vegetables, bags, cooking utensils and other items.
View original language description ↓
Yadira De los Ángeles ha venido trabajando con Fundación León 2000, otorgándole el crédito para invertir en el negocio. Ella nos cuenta que actualmente su negocio va muy bien ya que tiene nuevos clientes que la visita por la calidad de servicio que le brinda. El crédito anterior los utilizo para aumentar su capital trabajo ya tiene muchas demanda su servicio. Yadira esta nuevamente solicitando financiamiento para la compra de productos para el negocio como granos básicos, carne, verduras, bolsas, utensilios para cocina entre otros

Previous Loan Details

Yadira De Los Ángeles is a 55-year-old enterprising woman who started her business 15 years ago with a small amount of her own capital. Her husband used to help her prepare the different dishes she sells. This business generates good profits, which she uses to cover the household expenses. She ha... More from Yadira De Los Angeles'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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Yadira De Los Angeles to buy basic grains, meat, vegetables, bags, cooking utensils and other items.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2011
Listed
Jan 24, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2014
This photo was used before for a previous loan for Yadira De Los Angeles. It was first posted on Kiva on Oct, 2010. Learn More