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Estela
Estela is a very friendly woman, the single mother of four children, two of whom are school-age and two who are younger. Twelve years ago she started her small grocery store with her own capital, 9,800 córdobas.

With the goal of increasing her inventory, she joined a solidarity group five years ago. She is requesting her first loan in the individual category to purchase merchandise: basic grains, toilet paper, powdered milk, mortadella [sausage], toothpaste, tomato sauce, cleaning supplies, juice, and soda, among other items. Her dream is to grow her business.
View original language description ↓
Es una señora muy amable, madre soltera de 4 hijos, de los cuales 2 se encuentra en edad escolar y 2 menores de edad. Desde hace 12 años estableció su pequeña pulpería, inicio con capital propio, C$ 9,800 (Nueve mil ochocientos córdobas). Con el objetivo de incrementar su inventario desde hace 5 años formó parte de un grupo solidario. Solicita su primer financiamiento en la modalidad de crédito individual, para comprar mercadería: granos básicos, papel higiénico, leche en polvo, mortadela, pasta dental, salsa de tomate, material de limpieza, jugos, gaseosas, entre otros. Su sueño es ampliar su negocio.

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

  • $4,800
    Average annual income
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,544,375
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $800 helped Estela to purchase merchandise: basic grains, toilet paper, powdered milk, mortadella, toothpaste, tomato sauce, cleaning supplies, juice, and soda, among other items.
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2014
Listed
Jun 9, 2014
Currency Exchange Loss:
Possible
Expired:
Jul 9, 2014