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Shirley Del Rosario

Update on Shirley Del Rosario

Shirley, 32, is married with children. She is from the town La Paz Centro which is located in the western part of the country. She sells bird feed.
Shirley has demonstrated that she is responsible through timely payments. The business arose due to the need to have a source of income and to help with household costs.
The purpose of the loan is to invest in working capital and to buy more bird feed such as wheat, corn, sorghum and almond seeds.
Shirley is thankful for the Kiva investors who allow the small business owners with sparse resources to have dignified work.
View original language description ↓


Shirley de 32 anos de edad, casada con hijos, ella es originaria del municipio de la paz centro, lugar que esta ubicado en la zona de occidente del país. Ella tiene por actividad económica la venta de alimentos de ave. Shirley ha demostrado su responsabilidad de pago en tiempo y forma. El negocio surgió por la necesidad de tener una fuente de trabajo y ayudar con los gastos del hogar. El objetivo del crédito es para invertir en capital de trabajo y comprar mas comida para aves, como trigo, maíz, sorgo, semillas de almendra. Shirley agradece la ayuda que los inversionistas kiva le brindan a los pequeños comerciantes de escasos recursos par tener fuentes de trabajo digna.

Previous Loan Details

Shirley del Rosario is 30, married, and has children at home. She has had a business selling animal feed for over 8 years. She is well known in her business because she is always aware of what her customers need so that she doesn’t lose sales. She is known for the good service she offers her cust... More from Shirley Del Rosario'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
  • 145
    View loans »
    Nicaragua Loans Fundraising
  • $24,089,275
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Shirley Del Rosario to invest in working capital and to buy more bird feed such as wheat, corn, sorghum and almond seeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2012
Listed
Dec 13, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013