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Juanita De Los Angeles

Update on Juanita De Los Angeles

Juana De Los Ángeles is an entrepreneur who has been supported by loans to invest in her business purchasing remedies to offer her customers. She carries out this activity in an ambulatory fashion and has established a regular clientele as well as chance customers she offers her products to. She’s worked with Fundación León 2000 already and showed herself to be responsible with her previous loan and to have the desire to improve. She’s striven her entire life to provide the best for her family. She is currently asking for a loan to buy medicines like creams, pills, syrups, vitamins, syringes, among other products requested by her customers.
View original language description ↓
Juana De Los Ángeles es una emprendedora que se le ha apoyado en el crédito para invertir en la negocio en la compra de medicamentos para ofrecerle a sus clientes, esta actividad la realiza de forma ambulante ya tiene definido sus clientes fijos y eventuales a quienes le ofrece sus productos. Esta emprendedora ya ha trabajado con Fundación León 2000, en el crédito anterior ha demostrado ser una persona responsable y con deseos de superación toda la vida ha luchado para brindarle a su familia lo mejor, actualmente la emprendedora está solicitando financiamiento para comprar medicamento como cremas, pastillas, jarabes, vitaminas, jeringa, entre otros productos que les solicitan sus clientes.

Previous Loan Details

Juanita is 54 years old. She sells medicines. She has had this business for more than 20 years. The majority of her clients are happy with the service she gives them. She conducts her business by going door-to-door, despite the various challenges she encounters, such as the weather and her he... More from Juanita 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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $23,502,375
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Juanita De Los Angeles to buy more products requested by her customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2012
Listed
Apr 20, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012
This photo was used before for a previous loan for Juanita De Los Angeles. It was first posted on Kiva on Aug, 2011. Learn More