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Mirna De La Cruz

Update on Mirna De La Cruz

Mirna de la Cruz is a single mother with two children who are 13 and 23 years old. She is 46 years old and comes from León, in the West of the country. Mirna considers herself as a hard-worker who is responsible and really wants to better herself. Unfortunately, due to a lack of financial resources, she couldn't go to university and went straight to work at an early age, Now she fights everyday to give her children a better future.

Thanks to her entrepreneurial spirit she set up a business producing tortillas which she has been running from home for 9 years. Everyday Mirna gets up at 4am to prepares the maize to cook and grind and then make tortillas. She enjoys her job a lot.

The aim of this loan is to invest in working capital and stock her business, buying staple goods for tortilla production such as maize, wood, lime, gas, matches, plastic bags and griddle pans.

Mirna de la cruz is grateful for the help that kiva borrowers offer to people with scarce resources and to poor countries such as Nicaragua, so that they can have a way of working with dignity.
View original language description ↓
Mirna de la Cruz, madre soltera con dos hijos de 23,13 años, de 46 años de edad, originaria de León. Lugar que está ubicado en la zona de occidente del país. Mirna se caracteriza por ser una mujer trabajadora, responsable, con ganas de superación personal. Lamentablemente por falta de recursos económicos, no pudo cursar una carrera universitaria, y se vio a trabajar desde temprana edad. En la actualidad lucha día a día para brindarles un futuro mejor a sus hijos.
Gracia a su espíritu de emprendedor es que tiene por actividad económica la producción de tortillas, desde hace 9 años que se dedica a dicha actividad. Actividad que la desempeña en su casa de habitación; la rutina diaria de Mirna es levantarse a las 4:00 am a preparar el maíz par nixquezar y luego moler y elaborar las tortillas. Actividad que la desempeña con mucho gusto. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra de materia prima para elaborar las tortillas como: maíz, leña, cal, gas, fosforo, bolsas plásticas, comales. Mirna de la cruz agradece la ayuda que los inversionistas kiva le brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.

Previous Loan Details

Sra. Mirna De La Cruz prepares and sells tortillas. She has been in business for eight years and most of her customers are familiar with the fine products that she makes. The thing that stands out most about her business is that she is always concerned about providing the best quality of tortil... More from Mirna De La Cruz'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

  • $4,800
    Average annual income
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped Mirna De La Cruz to invest in working capital, buying staple goods such as maize, wood, gas, griddles, plastic bags and lime.
99% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 24, 2014