Update on Jandra MariaJandra María is a 28-year old woman, married and mother of two minor children, aged 8 and 2. She is from La Paz Centro, located on the west side of the country and known for its traditional food, such as the "quesillo" (tortilla wrapped around pickled onions and cheese sauce) and the "tiste" (traditional drink made of corn and cocoa), which is served in "jícara" (pot made from the fruit jícara).
Although she would have liked to be a qualified teacher, unfortunately she didn't have the financial resources to study at university. Thanks to her motivation for self-improvement, she owns a business, located in her house, where she sells clothes, shoes and cosmetics. She has been working on this business for 11 years and enjoys her job very much, as it's been her way of life and that of her family. Jandra works 8 hours a day and offers products such as pants, cosmetics, blouses, shorts, skirts, dresses, t-shirts, bed clothes, pajamas, towel sets and underwear.
She plans to use the requested loan to invest in work capital and stock her business for the buying and selling of goods with an aim to keep her clients satisfied and to obtain more earnings in a not too distant future. Jandra María is grateful to Kiva lenders for supporting people with limited financial resources in poor countries like Nicaragua, so that they can have decent jobs.
Gracias a sus ganas de superación de personas, tiene por actividad una venta de ropa y calzado, cosméticos, negocio que está ubicado en su casa de habitación, desde hace 11 años que desempeña dicha actividad. La cual la desempeña con mucho gusto ya que ha sido su forma de vida y la de su familia. La rutina de Jandra es trabajar unas 8 horas diarias ofreciendo sus productos como: pantalones, cosméticos, blusas, short, faldas, vestidos, camisetas, ropa de cama, pillamas, jugos de toallas ropa interior. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de mercadería para satisfacer a sus clientelas, y en un futuro no muy lejano obtener mejores ingresos, Jandra María agradece la ayuda que los inversionistas kiva le brindan a persona de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.
Previous Loan DetailsJandra María sells general merchandise. She has two children in her care and this is her main source of income to help with family expenses. The business arose from the need she had to work and cover expenses that she has as the mother of her children. She’s a street vendor and also sells fr... More from Jandra Maria's previous loan »
Fundación Leon 2000This 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.
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Success!! The loan was 100% repaid