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Ventura Del Carmen

Update on Ventura Del Carmen

Ventura Del Carmen is one of the entrepreneurs that has been supported by a loan. She used the loan to buy products for her small grocery store; she increased her products and her customers.

Nowadays she has plenty of customers who come to buy her products, and she offers them a variety of products.

This enterprising woman is now requesting a loan to buy products like sweets, soft drinks, juices, detergent, basic grains, bread, and tomatoes, among other products that are in customer demand.
View original language description ↓
Ventura Del Carmen es una de las emprendedoras que se le apoyado brindándole financiamiento para la compra de productos para la pulpería aumentando su productos y sus clientes, hoy en día tiene bastante clientes que la visitan para comprar sus productos les ofreciéndoles variedad de productos. Actualmente esta emprendedora está solicitando financiamiento para la compra de productos golosinas, refrescos, jugos, detergentes y granos básicos, pan, tomate, entre otros productos que demandan sus clientes.

Previous Loan Details

Ventura del Carmen is 64 years old. She is a very dynamic woman who truly enjoys running her business, which is a pulpería , or a small grocery store. She did not have any previous experience with this type of business, so it has been difficult to keep it going and sometimes she hasn't made mu... More from Ventura Del Carmen'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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $25,034,300
    Funds lent in using Kiva
  • 23.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Ventura Del Carmen to buy sweets, soft drinks, juices, detergent, basic grains, bread, and tomatoes, among other products that are in customer demand.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Feb 13, 2012
Mar 7, 2012
Currency Exchange Loss:
Dec 15, 2012
This photo was used before for a previous loan for Ventura Del Carmen. It was first posted on Kiva on Oct, 2010. Learn More