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Pabla Petrona

Update on Pabla Petrona

Pabla Petrona is 47 and single. She has one minor child and is from the city of León. She has a business selling general merchandise, and has been engaged in this work for 11 years. She started it in order to have a means of work and income to support her family.

Now Pabla has met her goals and objectives, such as that of being financially independent, and in material terms, of having her own house. She wants the loan in order to buy merchandise such as blouses, shoes, bath towels, underwear, men's and women's pants, perfumes, sets of sheets, and other products.
View original language description ↓
Pabla petrona con 47 años de edad, soltera con un hijo menor de edad , de la localidad de leon tiene por actividad economica la venta de meracaderia en general actividad en la cual se desempeña desde hace 11 años, la cual inicio para tener una herramienta de trabajo e ingresos para el apoyo economico de su hijos y familia. En la actualidad pabla ha cumplido con sus metas y objectivos como el de ser independiente economicamente y en lo material tener una casa propia, el financiamiento lo quiere para comprar mercaderia como: blusas, zapatos, toalla se baño, ropa interior, pantalones de hombre y mujer, perfumeria, juegos de sabanas, entre otros

Previous Loan Details

Pabla is a 45-year-old woman who is a fighter and enjoys humble work. She makes a living selling cosmetics, which she started doing more than 10 years ago with the objective to make headway for her children. There were some times she did not sell a lot of products, but she went out to the streets... More from Pabla Petrona'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
  • 151
    View loans »
    Nicaragua Loans Fundraising
  • $24,071,325
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Pabla Petrona to buy blouses, shoes, bath towels, underwear, men's and women's pants, perfumes, sets of sheets, and other products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2012
Listed
Jun 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013
This photo was used before for a previous loan for Pabla Petrona. It was first posted on Kiva on May, 2011. Learn More