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Sandra Eloisa

Update on Sandra Eloisa

Sandra Eloísa is a 49 year old single mother. She has two grown children who are financially independent, and 2 grandchildren who depend on her because, sadly, her daughter died and her children came under her responsibility. This has been a big challenge and problem but with God's help she has been able to get ahead. She lives in the town of Chinandega. Sandra Eloísa is described as a very hardworking, responsible woman. Since she was very young she has had to work because of her parents' lack of resources. Right now, Sandra's aconomic activity has been selling general merchandise for 17 years. Her work consists of selling adluts' and children's clothing, cosmetics and perfumes. She sells from her house and as a street vendor. Everyday she carries her 30kg bag in which she transports her merchandise. Sandra has had two previous loans with the foundation and has shown that she makes her payments on time. Sandra is thankful for the help from the Kiva lenders for people of low income and in poor countries like Nicaragua.
View original language description ↓
Sandra Eloísa de 49 años madre soltera, con dos hijos mayores de edad independiente económicamente. Y dos nietos lo cuales dependen de ella, porque lamentablemente su hija falleció y sus niños quedaron bajo su responsabilidad lo cual ha sido un gran desafío y problema pero con la ayuda de Dios ha podido salir adelante. Ella pertenece al municipio de Chinandega. Sandra Eloísa se caracteriza por ser una mujer muy trabajadora, responsable desde muy joven ha tenido que trabajar por la falta de recursos económicos de sus padre. En la actualidad Sandra tiene por actividad económica la venta de mercadería en general desde hace 17 años que se dedica a esta actividad. Su trabajo consiste en vender (ropa de niño, adultos, cosméticos, perfumes) la cual distribuye en su casa y de forma ambulante, todos los días tiene que cargar con un bolso de unos 30 kg en el cual transporta la mercadería. Sandra ya ha tenido otros créditos con fundación lo cual ha demostrado ser buena paga en tiempo y forma. Sandra agradece la ayuda que le brinda los prestamista kiva a personas de escasos recursos y países pobres como es Nicaragua.

Previous Loan Details

Sandra Eloísa has an itinerant sales business. Her greatest challenge is not having available the great variety of products her customers request. She has sold general merchandise for 13 years and feels satisfied with the loans she has had. She is asking for a new loan to buy clothes, cosmet... More from Sandra Eloisa'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
  • 57
    View loans »
    Nicaragua Loans Fundraising
  • $25,729,225
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Sandra Eloisa to stock her street selling business buying children's and adults' clothing, cosmetics and perfumes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 13, 2012
Sep 28, 2012
Currency Exchange Loss:
Nov 17, 2013