Check out some available loans that are similar to this one!
Maura
She is a determined woman, from Puerto Cabezas. She is 48 years old, married, with 8 children, of whom 6 are adults and 2 are teenagers who are secondary school students. With the objective to have her own source of income, for the past 4 years she has had a business selling used clothing in her home. Thanks to the previous loans offered by PANA PANA, which have permitted her to expand her business and diversify her products, she currently has established a small store of new clothing in a space she rents at the city market. She asks for her third loan to purchase a bundle of new mixed clothing, blouses, pants, skirts, and underwear and sell them at a reasonable price in Puerto Cabezas. Her dream is to have a boutique, with a mannequin, to offer her products in a better way.
View original language description ↓
Es una mujer luchadora, originaria de Puerto Cabezas, tiene 48 años de edad, casada con 8 hijos: De los cuales 6 son mayores de edad y 2 adolescentes que estudian su secundaria. Con el objetivo de tener su propia fuente de ingresos, desde hace 4 años estableció su negocio de venta de ropa usada en su vivienda. Gracias a los financiamientos anteriores brindados por PANA PANA, le han permitido ampliar su negocio y diversificar sus productos, actualmente ha establecido una pequeña tienda de ropa nueva en un tramo que alquila en el mercado municipal. Solicita su tercer financiamiento para comprar en Managua: Una paca de ropa mixta, blusas, pantalones, faldas, ropa interior nueva y venderla a precio accesible en Puerto Cabezas. Su sueño es poner una boutique, con maniquí, para ofertar mejor sus productos.

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

  • $3,636
    Average annual income
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,650
    Funds lent in using Kiva
  • 25.9
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $775 helped Maura to purchase a bundle of new mixed clothing, blouses, pants, skirts, and underwear in Managua.
83% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2014
Listed
Jun 24, 2014
Currency Exchange Loss:
Possible