Total loan: $1,025


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La Dalia, Matagalpa Department, Nicaragua / Retail

Ericka's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy new clothes and shoes.

Ericka's story

Ericka, 21, is an entrepreneur who sells clothes, shoes, and floral arrangements. She was provided a Kiva loan and is now applying for a new loan with Fundenuse, which will be her second loan with Kiva funds. She will use it to buy new clothes and shoes for women, men, and children. This has allowed her to increase her sales and therefore her income.

Erika's first loan had a positive impact on her business because she pays less interest compared to loans by the competition. This new loan will have a much better impact because she will be loyal to the financial institution, preferring their interest rate and their services. Her next goal is to grow her business. Her plan for the future is to be able to complete her degree in Sociology.