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Geyling De La Concepcion

Update on Geyling De La Concepcion

It’s 7:00 am and a cool and friendly environment surrounds Geyling’s store. Several customers are at the entrance, ready to make their purchases. They always return because they trust in the quality of the products and the excellent customer service they receive. She is 32 years old, single, and mother of two. She started her business four years ago and has gone through easy and difficult times, however she has always been optimistic about life and knows that her family is her main support.

She is asking for a second loan to buy basic products such as rice and beans, condiments, dairy products, and toiletries. One of her goals is to set up a distributorship. Geyling is very grateful for the first loan and assures us that she has been able to increase her number of customers and income. She is an enterprising and responsible mother who strives for her children’s wellbeing. Her main goal is to provide them a future full of opportunities.
View original language description ↓
Son las siete de la mañana, un ambiente fresco y cálido envuelve la pequeña pulpería de Geyling, varios clientes están en la entrada a punto de realizar sus compras matutinas, siempre regresan puesto que confían en la calidad de los productos y la excelente atención que reciben. Ella tiene la edad de 32 años, está soltera y es madre de dos niños. Hace cuatro años inicio su negocio, en el que ha pasado situaciones tanto gratas como difíciles, sin embargo siempre se presenta optimista ante la vida, asegura que su familia es su principal soporte.
Ella solicita el segundo crédito para invertir en la producción de su capital, una de sus metas es formar una distribuidora por lo que requiere comprar productos básicos, así como arroz y frijoles; condimentos, productos lácteos y productos de aseo personal. Geyling está muy agradecida con el primer financiamiento, asegura que ha logrado aumentar su clientela y al mismo tiempo sus ingresos. Es una mujer emprendedora y madre responsable, lucha por el bienestar de sus hijos, su objetivo principal es brindarle un futuro con muchas oportunidades.

Previous Loan Details

Geyling is a young woman from León who manages a grocery business. She is 29 years old, single, and has a child under her care. Geyling started her business one year ago selling office supplies, but gradually she began selling water, sodas, and yogurt. She eventually bought more products in or... More from Geyling De La Concepcion's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 94
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Geyling De La Concepcion to stock her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 22, 2014
Listed
May 22, 2014
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014