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Modesta Rosa

Update on Modesta Rosa

Sra. Modesta, age 49, is a Kiva client who resides in the city of Granada. She is a merchant by trade and has managed a grocery business for 10 years. Modesta is the mother of three children. She says that her loan was a great help because it allowed her to increase her inventory of merchandise, generate more sales, and earn more household income.

Modesta will use this loan to buy basic grains, milk, sodas, bread, juices, eggs, rice, oats, and other products. She does not have what she needs to satisfy her customers, so she wants to provide them with new products that she will sell in her store. Today she wants to invest more into her business and display her products so that she can generate more income for her family. Her future plans include continuing her work with the support of Kiva so that she can fulfill her dreams and move forward with her family.

View original language description ↓
La señora Modesta de 49 años de edad, es clienta Kiva habitante de la ciudad de Granada, de oficio comerciante se dedica al negocio de pulpería desde hace 10 años, madre de tres hijos. Ella dice que el préstamo le fue de gran ayuda porque le permitió incrementar su mercadería, aumentaron sus ventas, generando a la vez mas ingresos para el hogar, utilizo el crédito para comprar granos básicos, leche, gaseosa, pan, jugos, huevos, arroz, avena, etc. Pero eso no satisface las necesidades de Modesta pues su deseo es complacer a sus clientes con nuevos productos para vender en la pulpería, hoy en día ella desea invertir aun más en su negocio para mayor atracción de clientes es por esta razón que requiere del préstamo Kiva para comprar mercadería, leche, huevo, pan, arroz, queso, jugos, estantes y vitrinas, todo lo necesario para surtir su negocio y exhibir sus productos con el objetivo de generar mas ingresos para la familia, sus planes futuros es seguir trabajando con el apoyo de Kiva para cumplir sus sueños y poder salir adelante con su familia.

Previous Loan Details

Modesta is 48 years old and lives in the city of Granada. She is married and has three children. She is the owner of a small store, which is located in her home. She started this business 10 years ago. It has helped her a lot because it gives her a source of her own income and has allowed her to ... More from Modesta Rosa's previous loan »

Additional Information

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
  • 52
    View loans »
    Nicaragua Loans Fundraising
  • $26,297,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $875 helped Modesta Rosa to buy basic grains, milk, sodas, bread, juices, eggs, rice, oats, and other products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 21, 2012
Jul 1, 2012
Currency Exchange Loss:
Jan 19, 2013
This photo was used before for a previous loan for Modesta Rosa. It was first posted on Kiva on Mar, 2012. Learn More