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Maria De Los Angeles

Update on Maria De Los Angeles

Maria de los Ángeles is 43 years old and single. She has seven years experience in her business selling soft drinks made from natural ingredients. Her business is located in her home. This entrepreneur started her work in order to be able to help cover her family's expenses. She would like this loan to buy fruit so that she can make her soft drinks. She will buy bananas, papaya, oranges, passion fruit, chia, pineapple, linseed, etc.
View original language description ↓
Maria de los angeles, soltera con 43 años de edad, 7 años de experiencia en el negocio, el cual es la venta de refrescos naturales, ubicado en su casa de habitacion, esta emprendedora inico con esta herramienta de trabajo para poder ayudar con los gastos de su familia, el financiamiento lo quiere para la compra de frutas para la elaboracion de los refrescos como: bananos,papaya, naranjas, calala, chia, piña, linaza, entre otros.

Previous Loan Details

Maria de los Ángeles sells softdrinks and cosmetics. She has been in business for six years and has gained a lot of experience working hard every day. Monday through Friday she starts work very early in the morning. She has two children in her care and her greatest challenge is dividing her ti... More from Maria De Los Angeles'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
  • $26,296,575
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Maria De Los Angeles to buy fruit for making soft drinks (bananas, papaya, oranges, passion fruit, chia, pineapple, linseed, etc.).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 28, 2012
Jun 21, 2012
Currency Exchange Loss:
May 17, 2013
This photo was used before for a previous loan for Maria De Los Angeles. It was first posted on Kiva on Jul, 2011. Learn More