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Cayetana Del Rosario

Update on Cayetana Del Rosario

Cayetana is a humble vendor who makes a living making and selling tortillas. She is a native of the city of León and mother to 5 children, the youngest of whom studies Biology and who she supports. Her first Kiva loan gave her the opportunity to buy raw ingredients to produce tortillas and obtain an income to help to pay for her children's studies. Cayetana now distributes her products to small grocery stores and sells from door to door. She continues to pursue her plans of improving the roof of her kitchen little by little and lay down flooring. Part of the financing that she is seeking today will be used to buy corn, quicklime and firewood, as well as to get her youngest child ahead in life so that he succeeds given that she was unable to study.
View original language description ↓
Cayetana, es una humilde comerciante quien se dedica a elaborar y vender tortillas, originaria de la ciudad de León, madre de 5 hijos de los cuales ella apoya al menor que estudia Biología. Su primer crédito Kiva, le brindó la oportunidad de comprar materia prima para producir tortillas y conseguir ingresos para ayudar a pagar la carrera de sus hijos. Ahora distribuye su producto a pulperías y vende a domicilio. Siempre sigue con sus planes de mejorar poco a poco el techo de su cocina y poner piso, parte del financiamiento que hoy solicita lo utilizara será para comprar maíz, cal y leña y sacar adelante a su hijo menor para que se supere ya que ella no pudo estudiar.

Previous Loan Details

Cayeta, 55, is a merchant who was born in the city of León. She studied as far as fourth grade in elementary school. She has five children, four of whom are independent. The youngest is studying Biology at the university. For 25 years Cayetana has been running the tortilla business she… More from Cayetana Del Rosario's previous loan »

Additional Information

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
  • 162
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $625 helped Cayetana Del Rosario to buy corn, quicklime and firewood.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2013
Listed
Feb 14, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014