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Rosa Alpina

Update on Rosa Alpina

Rosa Alpina has been selling clothes for more than 3 years. This is not her first loan for they have been of great use for her business. Rosa has a 4-year-old son in her care. She is a street vendor and also sells her wares at home because her customers know the good quality of products she offers. She dreams with finishing a bedroom for her child. The reason for the loan is to buy pants, shirts, skirts, suits and children’s clothes.
View original language description ↓
Rosa Alpina se dedica a la venta de ropa hace más de 3 que posee este negocio. Este no es el primer financiamiento que realiza pues han sido de gran ayuda los que ha realizado para su negocio. Rosa tiene 1 hijo de cuatro años a su cargo, ella ofrece sus productos de manera ambulante y en su vivienda pues ciertos clientes conocen la buena calidad que ofrece en productos. Sueña con terminar de realizar un cuarto en su vivienda para su hija. El motivo del crédito es para la compra pantalones, camisas, faldas, trajes y ropa para niños.

Previous Loan Details

Rosa Alpina has a clothing sales business. She has been making her living this way for more than 2 years. She started this business due to the need to defray her household expenses and, with much sacrifice, she has managed to get ahead with this activity. The purpose of the loan is to buy pa... More from Rosa Alpina'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
  • 46
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Rosa Alpina to buy clothes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 4, 2011
Oct 24, 2011
Currency Exchange Loss:
Apr 18, 2013