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Paula is 49 years old, originally from Teustepe, married, and has four children, but currently only has one child who is four years old to take care of. She tells us that she started her grocery store with money that her husband sent from Costa Rica and with a loan that she obtained through other institutions. She has had her store for 3 years, and this has been her primary business from which she survives day by day but she gets other forms of income from the remittances that her husband sends because her objective is to grow her business so she can have higher returns.
Paula is asking for a loan to purchase basic grains such as rice, beans, sugar and oil. She thinks that this loan will be a great help to her to help her economically grow her business and to be able to purchase products that are in greater demand and that her clients look for, she will be able to increase her earnings and expand her business. Her future plans are to pay her first loan and afterwards apply for a second loan to invest more in her grocery store.
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Paula tiene 49 años de edad, originaria de la comarca el caracol Teustepe, casada, tiene 4 hijos, pero actualmente tiene 1 hijo a cargo de 4 años de edad. Ella cuenta que comenzó su pulpería con dinero que le mando su esposo de Costa Rica y con un crédito que obtuvo de otras instituciones. La cual tiene 3 años de tenerla, ya que este ha sido su primer negocio del cual sobrevive a diario y recibe otros ingresos como son las remesas que le envía su esposo ya que sus objetivos son hacer crecer su negocio para incrementar las ganancias.
Paula solicita el préstamo para comprar granos básicos como arroz, frijoles, azúcar y aceite. Ya que ella estima que este préstamo le será de gran ayuda para hacer crecer económicamente su negocio y poder comprar los productos de mayor demanda que buscan los clientes, asi aumentar sus ingresos y poder ampliar su negocio, ya que sus planes futuros es pagar su primer crédito y después poder solicitar otro crédito para invertir mas en su pulpería.

About Nicaragua

  • $4,800
    Average annual income
  • 72
    View loans »
    Nicaragua Loans Fundraising
  • $25,073,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $225 helped Paula purchase basic grains like rice, beans, sugar and oil.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 18, 2012
Nov 15, 2012
Currency Exchange Loss:
May 17, 2013