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Rosa Isabel

Update on Rosa Isabel

Rosa Isabel's business is selling general merchandise. She requested her previous loan to invest in her business, buying a variety of products. Rosa is an entrepreneur who works hard every day to provide for her children and she tells us that her business is doing well as her customers seek her out because of the variety of products that she offers. Rosa Isabel is currently requesting a loan to buy more merchandise such as clothes, shirts, underwear, etc.
View original language description ↓
Rosa Isabel su actividad económica a la que es la venta de mercadería en general, el préstamo que solicito era para invertir en el negocio en la compra de variedad de producto. Rosa es una emprendedora que cada día lucha para sacar a sus hijos adelantes y nos cuenta que el negocio esta prosperando cada día, ya que sus clientes la buscan por la variedad de producto que ofrece. Rosa Isabel actualmente está solicitando para comprar más mercadería como ropa, camisas, ropa interior, ropa de vestir entre otros productos.

Previous Loan Details

Rosa Isabel has two children aged 13 and 17 in her care. Her business is selling new clothes and firewood. She makes most of her sales as an itinerant street vendor and she attracts new customers every day. She started out working in a free-trade zone. Over time, she has bought more products ... More from Rosa Isabel'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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,384,075
    Funds lent in using Kiva
  • 23.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Rosa Isabel to buy clothes, shirts, underwear, etc.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2012
Listed
Feb 13, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013
This photo was used before for a previous loan for Rosa Isabel. It was first posted on Kiva on Jan, 2011. Learn More