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Tereza
Teresa lives in Aguas Caliente, on the outskirts of Teustepe, in the municipality of Boaco. She is 44 years old, married, and has three children who are 23, 22 and 12 years old. She started her business 20 years ago with a loan from a family member who charged her a very high rate of interest. She later worked with loans from an institution called ACJ where she was the leader of her community bank. In this way, she was able to set up her grocery store and start selling clothing as an itinerant vendor. She works with the support of her husband.

Teresa needs this loan to invest in buying clothing and to stock her grocery store as the start of the school year is approaching and this is a good time for making sales. As well as selling clothing and groceries, Teresa would like to further expand her business and start selling gold and silver jewelry as this makes good profits. This will enable her to improve her home. She also says that when she has repaid this loan she would like to invest in raising pigs for breeding.
View original language description ↓
Teresa habita en la comarca llamada Aguas Caliente ubicada en las afueras de Teustepe municipio de Boaco, casada de 44 años de edad tiene tres hijos de 23 22 y 12 años de edad respectivamente .Ella empezó con su negocio hace 20 años con un préstamo que le daba un familiar quien le cobraba un interés muy alto después trabajo con crédito en una institución que se llamaba A C J donde fue jefa de grupo solidario de esta manera logro poner su negocio de pulpería y venta de ropa ambulante la cual lo realiza con el apoyo del marido. Ella necesita este crédito para invertir en compra de ropa y surtir la pulpería ya que se acerca la temporada de clase y es un buen momento para la venta además de la venta de ropa y pulpería ella quiere expandir r mas su negocio con venta de oro y plata ya que proporciona buenas ganancia y así podrá mejorar su casa también habla que cuando cancele este crédito quiere invertir en la crianza de cerdos reproductores.

About Nicaragua

  • $3,636
    Average annual income
  • 81
    View loans »
    Nicaragua Loans Fundraising
  • $23,715,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Tereza to invest in buying clothing and to stock her grocery store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2012
Listed
Mar 6, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012