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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
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $23,820,300
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back - Delinquent
A loan of $1,475 helped this borrower to buy merchandise and increase her inventory: notebooks, pens, staplers, erasers, backpacks, cosmetics, colognes and perfumes, creams, deodorants, and hair accessories for women and girls.
60% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2014
Listed
May 13, 2014
Currency Exchange Loss:
Possible