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Juana Bautista

Update on Juana Bautista

Juana Bautista, 50, is single living in Chinandega in the western part of the country. She works selling general merchandise like new clothes, cosmetics and shoes. She sells them from place to place and at various workplaces on payday. She sells on credit and for cash. She does not sell from home because she works based on prior, sure orders that she delivers in two or three day at the most and collects payments every week or every two weeks.

Juana has been in business 19 years and it’s helped her to get ahead. She’s a responsible, honest, hardworking woman who very much wants to improve. She’s been working in this business since a very young age as a way of earning a living and cover household expenses with dignity.

One of her dreams is to improve her home and increase her business because demand has increased. She’s asking for the loan to buy working capital: more clothes in newer styles and colors that she has orders for because of the higher demand. This will help her increase her income.
View original language description ↓
Juana Bautista de 50 años de edad, soltera y del domicilio de Chinandega en el occidente del país, se dedica la venta de mercadería en general, ella comercializa ropa nueva, cosméticos, y calzados realiza sus ventas de manera ambulante y en centros de trabajos los días de pago, los cuales los ofrece al credito y al contado ella no maneja productos en su hogar debido a que trabaja por medio de pedidos y ciertos que los coloca e dos dos o tres dias lo mas esos productos y todo lo maneja en cuentas por cobrar los que recupera semanal y quincenal. Juana tiene 19 años de tener este negocio el cual le ha ayudado a salir adelante, es una mujer responsable, honesta, trabajadora y con muchos deseos de superación. desde muy temprana edad se dedica a este negocio como un medio digno de vivir y asi apoyar en los gastos economicos en su hogar. uno de sus sueños es el de mejorar su vivienda e incrementar mas su negocio porque su demanda ha crecido mas. Ella solicita crédito para compra de capital de trabajo con el cual comprara más ropa con nuevos estilos y colores pedidos por la demanda, lo cual le ayudara a incrementar sus ingresos.

Previous Loan Details

Juana Bautista is 49 years old. She is single, with three adult children. Her business is selling general merchandise, and she has done this for 18 years. She began this business out of the necessity to have a source of employment in order to have a profitable livelihood to support her children.… More from Juana Bautista'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.

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About Nicaragua

  • $3,636
    Average annual income
  • 172
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $700 helped Juana Bautista to buy clothes, cosmetics, shoes, etc.
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2013
Listed
Oct 10, 2013
Currency Exchange Loss:
Possible
Expired:
Nov 9, 2013