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Rosa Argentina

Update on Rosa Argentina

Rosa Argentina, 55, has had this means of support for the last 7 years. Her business is providing beauty salon services. She started the business offering her services buying just a few items gradually until she acquired everything she has to date. What she likes best is providing good customer service so that her customers will feel satisfied with this way of life. She will use this loan to buy lipsticks, creams, treatments, nail polish, shampoo, combs and brushes, among others.
View original language description ↓
Rosa Argentina tiene 55 años, desde hace 7 años que tiene este medio de vida. Ella tiene su negocio que es brindar el servicio de salón de belleza, inició su negocio ofreciendo sus servicios fue comprando ciertos productos poco a poco y así obtener lo que tiene hoy en día. Lo que más le gusta es brindar un buen servicio así sus clientes se encuentran satisfechos con este medio de vida. Este préstamo lo invertirá en la compra de pintura de labios, cremas, tratamientos, pintura de uñas, shampoo, peines, cepillos, entre otros.

Previous Loan Details

Rosa Argentina is 54 years old and has 3 children. Her economic activity is selling general merchandise. Rosa is always looking for a way to improve her income so she can support her family; she has worked since she was very young, and it has not been easy to maintain her business. She has had... More from Rosa Argentina's previous loan »

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).

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
  • 38
    View loans »
    Nicaragua Loans Fundraising
  • $26,391,875
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Rosa Argentina to buy lipsticks, creams, treatments, nail polish, shampoo, combs and brushes, among others.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 21, 2011
Sep 30, 2011
Currency Exchange Loss:
Nov 15, 2012