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Update on Vidaldina

Vidaldina is a mature, single woman with three children that she still cares for. She is from a municipality in the north of Chinandega, which is located on the west side of the country. She owns a small grocery store that is located in her home, where she sells merchandise to the public such as rice, sugar, beans, oil, snacks, detergent, and toilet paper, among other products. The goods will be bought with cash in local markets. The sales are in cash. She also owns a grinder and she sells grinding services to the community. She begins work at the grinder at four in the morning, closing late. She has many regular clients and other occasional clients.
This credit will be used to invest in her business with the purchase of household goods and to get maintenance done on her grinder.
Vidaldina is very thankful for the support that Kiva lenders offer to people with scarce resources.
View original language description ↓
Vidaldina mayor de edad madera soltera con tres hijos aun bajo su responsabilidad originaria de uno de los municipios del norte de Chinandega ubicado en el occidente del país, es un propietaria de una pequeña pulpería ubicada en su casa de habitación donde ofrece al publico productos de consumo como: arroz, azúcar, frijoles, aceite, golosinas, detergentes, papel higiénicos, entre otros, los cuales realiza sus compras al contado en mercados de la localidad, sus ventas son al contado, también es propietaria de un molino donde vende sus servicio a la comunidad ella empieza a trabajar su molino desde las cuatro de la mañana cerrando algo tarde, donde muchos clientes son fijos y otros eventuales, el objetivo de este crédito es para invertir en sus negocios en la compra de productos de consumo para el hogar y para darle mantenimiento a su molino. Vidaldina agradece mucho el apoyo que los inversionistas kivas les ofrece a personas de bajos recursos económicos.

Previous Loan Details

Vidaldina is 45 years old, married, and has three high-school aged children. She lives in one of the towns of Chinandega. Vidaldina is a responsible and honest woman. She has already received 11 loans with Fundación León, which have helped her grinding business. She also has a small store and, re... More from Vidaldina'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

  • $4,800
    Average annual income
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Vidaldina to buy household goods, such as rice, sugar, beans, oil, detergent, frozen foods, and to have maintenance work done on her grinder.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 14, 2013
Nov 27, 2013
Currency Exchange Loss:
Dec 17, 2014