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Sandra Vanessa

Update on Sandra Vanessa

Sandra Vanessa is married and 45 years old. She is native to León, a place that is located in the western zone of the country. She is known for being a hard-working and responsible woman with a desire for personal self-improvement. Unfortunately, because of a lack of economic resources she could not pursue her studies, since from a very young age she had to work to help with home expenses.

Thanks to her spirit and her desire to come out ahead she has a convenience store situated in her home. For six years she has worked in this business. A convenience store is a small store that sells grocery items and goods in small quantities like coffee packets, shampoo packets, rice, sugar, milk, beans, bread, eggs, and detergent. She works in her business 12 hours a day, an activity that she performs with pleasure.

The objective of the loan is to invest in her business capital and supply her convenience store so that in the near future she can obtain a better income. Sandra is thankful for the help that the Kiva lenders provide to people of limited resources and poor countries like Nicaragua to have a dignified means of working.
View original language description ↓
Sandra Vanessa, casada con 45 años de edad, originaria de León, lugar que está ubicada en la zona de occidente del país. Ella se caracteriza por ser una mujer trabajadora, responsables, con ganas de superación personal. Lamentablemente por falta de recursos económico no pudo cursar estudios. Ya que desde muy joven tuvo que trabajar para ayudar con los gastos del hogar.

Gracias a su espiritud y sus ganas de salir adelante tiene por actividad económica una pulpería, ubicada en su casa de habitación, desde hace 6 años que se dedica a dicha actividad. Una pulpería es una pequeña tienda que vende productos comestibles, y en cantidades pequeña como sobre de café, sobre de shampoo, arroz, azúcar, leche, frijoles, pan, huevos, detergente. Ella dedica aproximadamente a su negocio unas 12 horas diarias, actividad que la desempeña con mucho gusto. El objetivo del crédito es invertir en capital de trabajo y surtir su pulpería, para que en un futuro no muy lejano pueda obtener mejores ingresos. Sandra agradece la ayuda que los inversionistas kiva les brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.

Previous Loan Details

Sandra Vanessa is married and has two young children. She has a small grocery store located in her house. She started her business to have a way to meet the household expenses when her husband was out of work. Now it's going well thanks to her entrepreneurship, hard work and tenacity, and also th... More from Sandra Vanessa'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
  • 111
    View loans »
    Nicaragua Loans Fundraising
  • $24,831,575
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Sandra Vanessa to invest in business capital and supply her convenience store through the purchase of grocery items such as coffee, shampoo, rice, sugar, milk, beans, bread, eggs, and detergent.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2013
Listed
Mar 12, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013