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Alicia Marlene
Alicia Marlene is a young 20 year-old business woman who is married with a one and a half year-old son. She is originally from Puerto Cabezas, and is very entrepreneurial. Her husband is also a small business owner. Approximately 7 years ago she began her own business selling shoes and new clothing in the city market where she rents a space. She is asking for her first loan in order to buy merchandise (shoes for women and children, sandals, shorts, camisoles, blouses, skirts, and dresses, among other items). She buys her merchandise in Managua in order to sell it at more accessible prices in Bilwi. Her dream is for her business to continue growing, to study sewing and to make her own uniforms and gowns and to sell her products in her store. She wants to begin creating a savings fund for the education of her child so that he can be an honest professional.
View original language description ↓
Es una joven comerciante de 20 años de edad, casada, con un hijo de un año y medio de edad, originaria de Puerto Cabezas, muy emprendedora. Su esposo también es un pequeño comerciante. Desde hace aproximadamente 7 años ella inició su propio negocio de venta de calzado y ropa nueva en el mercado municipal donde alquila un tramo. Solicita su primer financiamiento para comprar mercadería (zapatos para damas y niños, sandalias, short, camisolines, blusas, faldas y vestidos, entre otros). La mercadería la compra en Managua para venderla a precios accesibles en Bilwi. Su sueño es que su negocio continúe creciendo, estudiar costura y confeccionar ella misma uniformes, togas y vender sus productos en su tramo, ir creando un ahorro para apoyar en el futuro la educación de hijo para que sea un joven profesional honesto.

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.

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About Nicaragua

  • $3,636
    Average annual income
  • 123
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,950
    Funds lent in using Kiva
  • 25.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Alicia Marlene to buy merchandise (shoes for women and children, sandals, shorts, camisoles, blouses, skirts, and dresses, among other items).
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2014
Listed
Apr 26, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014