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Yulisa Del Carmen

Update on Yulisa Del Carmen

Yulisa del Carmen, 40, is married and has three children who are all under her responsibility since they students at the university and high school, respectively. It makes her happy to know her children can get ahead and become professionals with better living conditions, without the limitations she grew up with. She was unable to get an education when she was young because of a lack of resources; so she could not realize her dream of being an educated woman with high academic skills.

Yulia del Carmen has always been a hard-working, responsible woman. Her business is selling toys, milk, and ice, together with her husband. Yulisa's routine consists of getting up early to sell milk and ice out of her house. Her husband also sells milk as a street vendor. Her toy business is located at one of the town's parks. She has been in business for 11 years now and it is growing little by little into a profitable, sustainable lifestyle for the family.

She plans to use the loan as work capital and to buy toys for the upcoming Christmas season. She wants to offer her customers better service and take advantage of the season to improve her income. Yulisa is grateful to Kiva lenders for helping small business owners with scarce resources in poor countries such as Nicaragua, so they can have a decent source of income.
View original language description ↓
Yulisa del Carmen de 40 anos de edad, casada con tres hijos, todos bajo su responsabilidad ya que están estudiando en la Universidad y secundaria respetivamente. Para ella es una gran alegría y gozo que sus hijos salgan adelante y sean profesionales para que tenga mejores condiciones de vida, y no tenga tantas limitaciones como las tiene ella. Por falta de estudios que en su juventud no pudo realizar por falta de recursos económicos no pudo realizar sus sueños de ser una mujer estudiada y tener un mejor nivel académico. Yulisa del Carmen siempre se ha caracterizado por ser una mujer muy trabajadora, responsable. Ella tiene por actividad económica la venta de juguetes, leche, hielo actividades que las realiza en conjunto con su esposo. La rutina de Yulisa es levantarse en horas muy temprano para vender la leche y hielo en su casa de habitación .también el esposo de Yulisa sale a vender leche de forma ambulante. El negocio de juguete lo tienen ubicado en un parque de la localidad. En la actualidad tienen 11 anos trabajando en sus negocios el cual va creciendo poco a poco y ha sido un medio de vida rentable y sostenible para su familia. El financiamiento lo necesita para invertir en capital de trabajo y surtir su negocio con la compra de juguete previendo que viene la temporada navideña y necesita ofrecer mejor servicios a sus clientes y aprovechar la temporada para mejorar sus ingresos económicos. Yulisa agradece la ayuda que los inversionistas kiva les brindan a los pequeños comerciantes de escasos recursos y países pobre económicamente como es Nicaragua para tener una fuente de trabajo digna.

Previous Loan Details

Yulisa Del Carmen sells milk products and ice. She has had her business for more than 9 years. She is a very hard-working person. She started doing this for a living because she needed to defray household costs. She has 3 children in her charge, and it has not been easy, since she has to keep... More from Yulisa Del Carmen'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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $23,814,675
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Yulisa Del Carmen to buy toys for the upcoming Christmas season.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Oct 9, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013