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Amada

Update on Amada

Amanda is 48 years old and originally from the city of Esteli. She is married and is the mother of four children. She is a merchant who makes pizza and quesadillas and has done so for three years. She started this business by selling her items on foot, gained customers little by little, and was able to start her own business. Her husband and children help her deliver orders. She is grateful to Kiva and the loan has already helped her increase her sales and income and satisfy her customers’ needs. Her hopes for her business is to succeed in her sales and increase her income so that she can maintain a good quality of life. She is asking for a loan to buy ingredients such as flour, ham, cheese, salami, yeast, cooking oil, and other things. Her plans for the future are to buy fixed items such as tables, chairs, table cloths, stoves, etc. so she can provide complete quality service.
View original language description ↓
Doña Amada tiene 48 años de edad, es originaria de la ciudad de Esteli, casada, madre de 4 hijos. Es de oficio comerciante, se dedica a la elaboración de pizza y quesadillas, desde hace 3 años. Inicio esta actividad comercializando sus productos de manera ambulante, poco a poco adquirió clientela y logro establecer su propio negocio. Ella cuenta con la ayuda de su esposo e hijos, quienes la apoyan con la entrega de los pedidos. Esta agradecida con Kiva y mi crédito ya que logro aumentar sus ventas, obtener mayores ingresos y satisfacer las necesidades de sus clientes. La expectativa que tiene de su negocio es prosperar en sus ventas y adquirir mayores ingresos para mantener un buen nivel de vida. Solicita el crédito para comprar materia prima como: harina, jamón, queso, salami, levadura, aceite entre otros. Su plan futuro es comprar activos fijos como mesas, sillas, manteles, cocinas, etc, para brindar un servicio completo y de calidad.

Previous Loan Details

Amada is an unassuming, a forty-eight-year-old homemaker. She's originally from Estelí but now lives in Managua. She's married, the mother of four children, and sells meals for a living. Due to poverty conditions where she lived, she managed to complete only high school. She started a business… More from Amada's previous loan »

Additional Information

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
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $23,422,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $725 helped Amada to buy ingredients.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015