Funded

Total loan: $300
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Arely Maria

Nicaragua
Esteli, Nicaragua / Food Production/Sales

A loan of $300 helped to buy firewood, sweetcorn, meat, onions, potatoes, etc.


Arely Maria's story

Arely, 33 years old, lives in the town of Estelí. She is married and has two children who are in her charge. She studied until the fifth year of secondary school. She has been selling natacamales (steamed corncakes, a popular Nicaraguan dish) for 3 years. She started her business with her own money, earned while working at her previous job, a restaurant in the community. At 28, she decided to set up her own business with this money in the house where she lives. This is her first business, which she runs successfully on her own, since she is not helped by anyone. Arely says that she is satisfied with selling natacamales because it is a profitable business: she makes money every day and has many returning customers. She asks for this loan to buy firewood, sweetcorn, meat, onions, potatoes, etc. These are all the ingredients needed to make natacamales and give them flavour. She says that the loan will help her because it will enable her to invest in her inventory, increase production, and obtain a better income for her family. Her plans for the future include having her own home to be able to have a better standard of living and be independent. Her next goal is to establish her business in other places in the community, since she would like to become one of the most successful entrepreneurs in her area in order to increase her earnings and be able to give her children a better education.

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Loan details

Loan length:

11 months
Disbursed date: July 7, 2012

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: July 7, 2012