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Yelba Meyling
Yelba is a humble lady, 45 years old. She is from Managua. She is single and a mother with one child, who is an adult now. She works in sales, selling clothes and tortillas.

Due to her economic situation she was only able to complete her 5th year of secondary education.

She started her small business at 19 years old. She needed a way to support herself and to be independent, with a means of generating income herself. At the start it was difficult because she sold very few clothes and shoes. Then she decided to set up another business selling tortillas in order to earn some extra income. At present, together with her daughter, they have managed to keep the business stable.

The earnings she has made from the business have enabled her to make improvements to her house. She has other sources of income, such as money that one brother sends her.

Yelba is requesting this finance to buy flipflops, shorts and swimsuits, and also to buy corn and firewood. She considers that the loan will be of great help to her because it will enable her to buy all the products that she does not have in stock, with the aim of increasing her sales and meeting her customers’ needs. Her future plans include expanding her business to obtain better earnings.
View original language description ↓
Yelba una humilde señora de 45 años, originaria de Managua, soltera, madre de 1 hijo, mayor de edad, de oficio comerciante, se dedica a la venta de ropa y tortillas, debido a su condición económica solo logro finalizar su quinto año de secundaria. Ella inicio con su pequeño negocio a los 19 años de edad, necesitaba un medio del cual subsistir y poder ser independiente generando ingresos por si misma. Sus comienzos fueron difíciles porque empezó vendiendo poquita ropa y zapatos, pero luego decidió emprender otro negocio como es la venta de tortilla, para obtener otros ingresos extra. Actualmente ella junto a su hija han logrado mantener el negocio estable, ya que con las ganancias que le genera este negocio ha podido mejorar la infraestructura de su casa. Cuenta con otros ingresos como es la remesa que le manda un hermano.
Yelba esta requiriendo el financiamiento para comprar chinelas, short, trajes de baño y a la misma vez comprar maíz y leña. Ella estima que este préstamo le será de mucha ayuda porque le permitirá comprar todos los productos que aun no tiene en inventario con el objetivo de incrementar sus ventas y satisfacer las necesidades de su clientela, dentro de sus planes futuros es poder ampliar mas su negocio para obtener mejores ganancias

About Nicaragua

  • $3,636
    Average annual income
  • 139
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Yelba Meyling to buy flipflops, shorts and swimsuits, and also to buy maize and firewood.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Mar 16, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 18, 2013