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Dorally Andrea

Update on Dorally Andrea

Dorally Andrea is an entrepreneur who runs a taxi service. She has worked with Fundación León since 2000 and has shown herself to be responsible and anxious to succeed. Her most important dream is to have another taxi to transport customers and offer them great service. Now she is requesting financing to buy tires and headlights and do maintenance for the taxi she owns.
View original language description ↓
Dorally Andrea es una emprendedora que brinda los servicios de transporte, esta emprendedora ya ha venido trabajando con Fundación León 2000, lo cual ha demostrado ser una responsable y con deseos de superación su mayor sueño es tener otra unidad de taxi y abarcar a sus clientes y brindarle un buen servicio. Actualmente está solicitando financiamiento para comprar materiales para la unidad como llantas, focos, y darle mantenimiento a la unidad.

Previous Loan Details

Dorally Andrea is 50 years old. She runs a taxi service that she was given by her husband. She is seeking the best way to manage her business. She has desired since she was very young to learn to work to support her children and prepare them to be good people. She is asking for a loan to buy raw... More from Dorally Andrea'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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • 23.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Dorally Andrea to buy tires and headlights and do maintenance for her taxi.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2012
Listed
Apr 13, 2012
Currency Exchange Loss:
Possible
Ended:
May 22, 2013