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Yaoska
This is a happy lady from Puerto Cabezas. She is 29 years old, married, and has three school-aged children. Ten years ago she started a costume jewelry and ladies’ accessory business from a rented stall in the local market, so she could have an income of her own. With her income and thanks to her two previous loans though Pana Pana, she has been able to maintain her business and buy the stall.

Three years ago her husband became unemployed and they started a cell phone repair and accessories business, which Yaoska manages. She is asking for this third loan to buy merchandise for both businesses, such as perfumes, ladies’ and men’s creams, hair irons, undergarments, bracelets, chains, steel rings, snacks, cell phone protectors headsets, and TV remote in Managua. Her dream is for her businesses to grow and to build a concrete wall around her house.
View original language description ↓
Es una mujer alegre, originaria de Puerto Cabezas, tiene 29 años de edad, casada con tres hijos, en edad escolar. Con el propósito de tener su propia fuente de ingresos, desde hace 10 años inicio el negocio de venta de bisuterías y accesorios para mujeres en un tramo que alquilaba en el mercado municipal, con las ganancias percibidas y gracias a los dos préstamos anteriores otorgado por PANA PANA, le ha permitido mantener el negocio surtido y comprar el tramo. Hace 3 años su esposo quedo desempleado, con el objetivo que su pareja contara con una fuente de ingresos con su liquidación conformaron hace 3 años el negocio de reparación y venta de accesorios para celulares, el cual también es administrado por Doña Yaoska. Actualmente solicita su tercer financiamiento para comprar mercadería en Managua para ambos negocios: perfumes, cremas para mujeres y hombres, prensa pelos, ropa interior para mujeres y hombres, pulseras, cadenas, anillos de acero, anteojos, relojes, protectores y auriculares para celulares y controles para televisores. Su sueño es que sus negocios vayan creciendo y construir el muro de concreto de su vivienda.

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
  • 172
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,250
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Yaoska to buy inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2014
Listed
Feb 23, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014