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Marva
Marva is a young shopkeeper, 27 years old, who is married and has three children, two of whom are school age, while the youngest is one year old. Her husband works as a diver in the informal sector. With the goal of having her own source of income, she established a small shop on the porch of her home 3 years ago. There she sells basic grains, dairy products and other items. She is requesting her first funding in order to purchase merchandise and increase the inventory of her business. Her dream is to expand her business and sell seafood
View original language description ↓
Es una joven comerciante de 27 años de edad, casada, tiene 3 hijos, dos en edad escolar y un pequeño de un año de edad. Su esposo trabaja de manera informal, como buzo. Con el propósito de tener su propia fuente de ingresos, desde hace 3 años estableció una pequeña pulpería, en el porche de su vivienda en la que vende granos básicos, chiverías y otros. Solicita su primer financiamiento para comprar mercadería e incrementar el inventario de su negocio. Su sueño es ampliar su negocio y comercializar mariscos.

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
  • 174
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Marva to purchase merchandise and increase her business inventory.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2014
Listed
May 13, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015