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Thompson
Native of Puerto Cabezas, Thompson is 58 years old and married with 6 children, of which four are adults and two are 3 and 4 years old, respectively. Ten years ago he established a convenience store in his home with the purpose of having his own source of income. Currently he is seeking a loan in order to buy merchandise for his business: 12 Chivería bags, a bag of toilet paper, sanitary napkins, instant soups, bulk grains, instant coffee and soaps for bathing and washing clothes. His dream is to start growing and in the future establish a corner shop.
View original language description ↓
Es originario de Puerto Cabezas, tiene 58 años de edad, casado con 6 hijos, de los cuales 4 son mayores de edad y dos menores de 3 y 4 años respectivamente. Desde hace 10 años estableció una pulpería en su vivienda, con el propósito de tener su propia fuente de ingresos. Actualmente solicita financiamiento para comprar más mercadería para su negocio: 12 bolsones de chivería, un bolsón de papel higiénico, toallas sanitarias, sopas instantáneas, granos básicos, café instantáneo, jabones de baño y de lavar ropa. Su sueño es ir creciendo y en fututo establecer una miscelánea.

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
  • 174
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Thompson to buy merchandise for his business: 12 Chivería bags, a bag of toilet paper, sanitary napkins, instant soups, bulk grains, instant coffee and soaps for baths and washing clothes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2013
Listed
Dec 29, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014