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Update on Jeannethe

Jeannethe is 47 years old and married. She has 20 years of experience in providing a garage service for housing different vehicles. This service is offered to the residents of her town.

The loan she is requesting will be used to improve the security conditions at this location. She will install an iron gate that is in better condition and build a wall in front of the facility. The loan will be used to buy construction materials such as cement, sand, iron, zinc, crossbeams, nails, wire, and other supplies.

View original language description ↓
Jeannethe de 47 años de edad, casada, con 20 años de experiencia tiene por actividad, el servicio de garaje a los diferentes vehiculos, que ofrece a los poblacion de su localidad, el financiamiento lo quiere para mejorar las condiciones de seguridad de dicho local como: contruir un porton de hierro con mejores condiciones, y contruir una tapia en el fondo del local, con el financiamiento comprara material de construccion como: cementro, arena, hierro, zinc, perlines, clavos, alambre entre otros.

Previous Loan Details

Jeannethe, 45, provides garaging services. She’s been in this business more than 20 years. She is a very hard working person who enjoys her work. She is very dynamic because she has to be watchful of the cars that arrive to request this service. The reason behind the loan request is to m... More from Jeannethe'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
  • 39
    View loans »
    Nicaragua Loans Fundraising
  • $26,402,175
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Jeannethe to buy construction materials for making improvements to her parking facility.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 22, 2012
Jun 21, 2012
Currency Exchange Loss:
Jun 18, 2013
This photo was used before for a previous loan for Jeannethe. It was first posted on Kiva on May, 2011. Learn More