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Dionisia Eulalia

Update on Dionisia Eulalia

Dionisia Eulalia is a businesswoman who makes a living running a general store out of her home. The store has been her and her family's means of survival for more than 10 years. She has managed to keep going thanks to the support of loans through Kiva partner Fundación León, which she has used to invest in the purchase of products for daily consumption. She plans to use this loan to purchase sugar, rice, oil, soap, detergents, vegetables, natural products and other items. This will help her achiever her goals of satisfying her customers' demands and having more tools to help her work.
View original language description ↓
Dionisia Eulalia esta emprendedora tiene como actividad económica una pulpería ubicada en su casa de habitación la cual ha sido su medio de sobrevivencia y de su familia por más de diez años, la actividad mencionada anteriormente, la ha logrado mantener gracias al apoyo que fundación brinda con sus financiamientos ya que el crédito lo ha invertido en la compra de productos de consumo diario del hogar como son: azúcar, arroz, aceite, jabón, detergentes, verduras, frescos naturales, en otros productos, lo cual ha logrado cumplir sus metas como es satisfacer la demanda de sus clientes y cumplido sus metas personales de tener una herramienta de trabajo.

Previous Loan Details

Dionisia Eulalia has been selling general merchandise for more than six years. She is a determined individual who enjoys what she does. This is not the first time she has requested a loan to invest in her business. Gradually over time Dionisia has become well-known among her customers by offer... More from Dionisia Eulalia'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
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,768,325
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,175 helped Dionisia Eulalia to purchase sugar, rice, oil, soap, detergents, vegetables, natural products, and other items.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2012
Listed
Apr 27, 2012
Currency Exchange Loss:
Possible
Expired:
May 27, 2012
This photo was used before for a previous loan for Dionisia Eulalia. It was first posted on Kiva on Mar, 2011. Learn More