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Jeannette Del Carmen

Update on Jeannette Del Carmen

Jeannette del Carmen is a married adult with three minor children. She’s from Chinandega and is a micro businesswoman who owns a home-based grocery store where she sells basic grains like rice, sugar, oil, frozen goods, detergent, children’s clothes, low-cost novelty items and others. She also has a home-based ice-cream shop where demand is high especially during these festive times.

The objective of this loan is for working capital to buy products for the grocery store and even more so for the ice-cream shop like cones in all sizes, cups, spoons and napkins, among others to fill customer needs in this type of product. Jeannette is very grateful to Kiva lenders for the support they provide people of low economic resources.
View original language description ↓
Jeannette del Carmen, mayor de edad casada con tres hijos menores de edad originaria de Chinandega, es una microempresaria que tiene una pulpería en su casa en la cual vende granos básicos como: arroz, azúcar, aceite, productos congelados, detergentes, ropa de niños, chinería y otros, también tiene una sorbeteria en su casa de habitación donde tiene alta demanda de sus clientes aún más en estas fechas festivas, el objetivo de este crédito es para capital de trabajo en la compra de productos de sus pulpería y más aun en la sorbeteria como: conos de todo tamaños, tazas, cucharas, servilletas, entre otros para cubrir las necesidades de sus clientes en este tipo de producto.Jeannette agradece mucho a los inversionistas kivas por el apoyo que ellos les brindan a personas de bajos recursos economicos.

Previous Loan Details

35-year old Sra. Jeannette has four children. She’s had her grocery store business for more than twenty years. She works in the store from 7am to 9pm; her customers portray her as a very charismatic person. With this loan Jeannette will buy basic grains, candy, bread, toilet paper, matches, sa... More from Jeannette Del Carmen'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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,386,550
    Funds lent in using Kiva
  • 24.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Jeannette Del Carmen to buy stock merchandise.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 4, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014