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Juana Paula

Update on Juana Paula

Juana Pabla is 59 years old, single, and has eight years of experience. Her business involves selling soft drinks. Thanks to the good service that she provides and the refreshing natural flavors that she offers, she has been able to maintain and increase her customer base.

The loan she is requesting will be used to buy fruits for preparing her various soft drinks. These items include pineapple, passion fruit, carrots, linseed, bananas, oranges, beets, chia seeds, and other items.
View original language description ↓
Juana Pabla de 59 años de edad, soltero, con 10 años de experiencia, tiene por actividad economica la venta de refrescos, gracias al buen servicio que le brinda a sus clientes y los sabrosos frescos naturales que ofrece es que ha podido mantener e incrementar su clientela, el fiananciamiento lo quiere para comprar frutas para la elaboracion de sus diferentes refrescos. Como: piña, calala, zanahorias, linasa, bananos, naranjas, remolachas, chia, entre otros.

Previous Loan Details

Juana Paula sells juice drinks. She has had this business for more than 9 years. She began this means of earning a living because of the need to have a daily income. She has two children, but she is responsible for only one, and she has to provide him with food, clothing, and an education. Juana ... More from Juana Paula'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
  • 94
    View loans »
    Nicaragua Loans Fundraising
  • $23,723,925
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Juana Paula to buy pineapple, passion fruit, carrots, linseed, bananas, oranges, beets, chia seeds, and other items.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2012
Listed
Jun 28, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013
This photo was used before for a previous loan for Juana Paula. It was first posted on Kiva on May, 2011. Learn More