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Juana Doribel

Update on Juana Doribel

Juana Doribel is single and originally from Chinandega, which is located in the western part of the country. She is a hardworking woman who is a fighter in life. She started to work when she was very young to help her parents with the family expenses. Unfortunately, she was unable to study at university, which was one of her dreams, but with plenty of effort she finished secondary school.

Juana owns a small grocery store, which is located in her home. Her business consists of selling everyday consumer goods in small quantities, such as packets of coffee, shampoo, or soap for washing clothing, toothpaste, a pound of rice, a quarter of oil, frozen products, and soft drinks, among other products. She buys her products from distributors who visit her and offer their products.

Juana wakes up very early to open her business so that she can better attend her regular and potential clients. She closes very late at night. She works for about ten hours per day. Her clientele has been increasing due to the quality of her products and her good customer service.

She has applied for a loan to invest in working capital and stock her grocery store in order to offer a better service to her clients. In the near future, she would like to increase her earnings. Juana Doribel is grateful for the help which the Kiva lenders offer to people with limited resources in poor countries such as Nicaragua, so that they can have a decent livelihood.
View original language description ↓
Juana Doribel soltera, ella es originaria de Chinandega lugar ubicado en la zona del occidente del país. Juana es una mujer trabajadora, muy luchadora en la vida, desde muy pequeña ella comienza a trabajar para así ayudar en los gastos de su familia, lamentablemente ella no puedo cursar una carrera el cual ese era uno de sus sueños pero con mucho empeño termina su secundaria, Juana es propietaria de una pulpería la cual está ubicada en su casa de domicilio, negocio que consisten en vender productos de consumo diario del hogar en cantidades pequeñas como una bolsita de café, bolsita de champo, bolsita de detergente un jabón de lavar ropa, pasta dental, una libra de arroz, ¼ de aceite, productos congelados, refrescos, entre otros productos más ella compra en distribuidoras que la visitan y les ofrecen sus productos, Juana desde muy temprano se levanta y abre su negocio para darles una mejor atención a sus clientes fijos y eventuales y cierra muy tarde, ella trabaja unas 10 horas diarias, sus clientes ha ido incrementando debido a la calidad de sus productos y la buena atención de su parte Asia ellos, El objetivo del crédito es invertir en capital de trabajo y surtir su pulpería y brindar un mejor servicio a sus clientes, y en un futuro cercano aumentar sus ingresos. Juana Doribel 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

Juana Doribel, 47, is an entrepreneur whose activity is a grocery store. She’s had the business for more than 2 years; it’s located at home and it’s made progress thanks to help from her husband and her own efforts. She has gained much experience that has taught her very important things. ... More from Juana Doribel'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
  • 114
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,650
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Juana Doribel to buy staple goods such as rice, oil, beans, sugar, salt, peppers, candy, detergent, and frozen products, among others.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014