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Anda Yolanda

Update on Anda Yolanda

Anda Yolanda, 57, is single and mother of a 35-year-old son who is independent. She’s had a grocery store for years where she sells staple items like basic grains, snacks, cleaning supplies, frozen goods, cosmetics, etc. She set up the business at home using her own money, help from her son and much effort for improvement with the goal of having a new source of income. She’s currently adding such things as assorted clothes to her inventory.

She’s requesting financing in order to have larger working capital to offer a much larger variety of goods to her customers. Her goal is to have a stable business to be able to offer a better future to her grandchildren. Anda Yolanda is very grateful to lenders who have offered support so she can have a means of work that’s worthy of them.
View original language description ↓
Anda Yolanda es una mujer de cincuenta y siete años, soltera de un hijo de treinta y cinco años, independiente, desde hace quien años se dedica a su negocio de pulpería en cual distribuye productos de consumo en el hogar como granos básicos, golosinas, artículos de limpieza, productos congelados, cosméticos, entre otros. El negocio lo estableció en su casa con dinero propio, ayuda de su hijo y mucho esfuerzo de superación, con el objetivo de tener una nueva fuente de ingresos. Actualmente está incluyendo dentro de negocio productos nuevos como ropa variada. Solicita el financiamiento con el fin de tener mayor capital de trabajo y ofrecer productos mucho más variados a su clientela. Su meta es lograr hacer su negocio estable, para poder brindarles un buen futuro a sus nietos. Anda Yolanda está muy agradecida con los inversionistas que le han brindando apoyo para tener un medio de trabajo digno de ellos.

Previous Loan Details

Anda Yolanda is 56 years old and has her own small grocery store. She has a lot of experience managing her store and she has had previous loans. Thanks to the support that she has received, she has been able to keep her store profitable because she is constantly investing. With this financing ... More from Anda Yolanda'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
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $24,392,675
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Anda Yolanda to buy stock merchandise for her store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2013
Listed
Feb 28, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014