Check out some available loans that are similar to this one!
Maria Eddy

Update on Maria Eddy

Maria Eddy, age 50, is single and has two grown and independent children. She is from one of the Chinandega municipalities where commerce is most important. Maria started her business of buying, selling, and butchering pigs at a very early age. It was a family business, which she inherited, and it is now her own. She has had it for over 20 years. She sells and buys at the same time, and she butchers once a week.

She sells delicious tamales, ‘pepenas’ [a traditional dish], fried foods, blood sausage, pork cracklings, and sausages, among others. She makes her purchases for cash in surrounding communities. She sells for cash and for credit, which she mainly collects on the 15th and 30th of each month. She does this because she sells her products to salaried customers.

One of her dreams is to improve her house. Maria Eddy is requesting a loan to buy live pigs.
View original language description ↓
Maria Eddy 50 años de edad soltera con dos hijos ambos mayores de edad e independientes originaria de uno de los municipios de Chinandega donde predomina el comercio, Maria inicia su negocio de compra venta de cerdo y destace del mismo, desde muy temprana ya que era un negocio familiar el cual hereda negocio que ahora es propio y tiene mas de veinte años, ella vende y compra a la misma vez realiza destace una vez por semana donde ofrece deliciosos nacatamales, pepenas, fritos, morongas, charrascas, chorizos entre otros , sus compras las realiza al contado en comarcas aledaña, sus ventas son al contado y al crédito que principalmente recupera los quince y treinta de cada mes, porque ofrece sus productos a clientes asalariados, uno de sus sueños es de mejorar sus vivienda, María Eddy esta solicitando financiamiento para capital de trabajo compra de cerdos en pie.

Previous Loan Details

Maria Eddy, 48, earns her living buying, raising and butchering pigs. It has been 30 years since she began this business. Her parents also raised pigs for a living, thus it has been the family business and has lasted for such a long time due to considerable effort. She is always attentive to her ... More from Maria Eddy'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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,053,975
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Maria Eddy to buy live pigs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jun 28, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014