Check out some available loans that are similar to this one!
Jeffry Lorena
Jeffry is from Puerto Cabezas. She is a cheerful and enterprising person. She is 27 years old, married, and has two small children. A year ago she set up her own small bakery business and began producing bread with 25 pounds of flour. Currently she makes bread with 150 pounds of flour a day.

Recently she requested a loan to improve the infrastructure of her bakery, expand it, and buy more products such as flour, sugar, yeast, etc. By means of the income she earns from her business, she hopes to continue supporting her children's development.
View original language description ↓
Jeffry es originaria de Puerto Cabezas, es una persona alegre, emprendedora. tiene 27 años de edad, esta casada y tiene dos pequeños niños. Desde hace un año ha establecido su pequeño negocio de panadería, inicio a producir pan con 25 libras de harina, actualmente elabora pan con 150 libras de harina al día.

Recientemente, solicita financiamiento para mejorar la infraestructura de su negocio, ampliarlo y comprar más productos tales como harina, azúcar, levadura, etc. Por medio de los ingresos que perciba de su negocio piensa continuar apoyando en el desarrollo de sus hijos.

Additional Information

About Pana Pana

Pana Pana is a nonprofit civil association founded in 1990 in Nicaragua. The organization’s official name is Asociacion para el Desarrollo de la Costa Atlantica (Association for the Development of the Atlantic Coast) but they have always been know as Pana Pana which means “mutual help” in the local language.

Pana Pana offers loans for commerce, housing, and a small number of agriculture loans. They also have a small social development unit that runs Pana Pana’s non-financial services. This includes technical assistance for housing loans and the development of a water and sanitation project.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $24,392,675
    Funds lent in using Kiva
  • 24.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Jeffry Lorena to improve the infrastructure of her bakery.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2013
Listed
Oct 4, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014