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Edelmira De Los Angeles

Update on Edelmira De Los Angeles

Edelmira de los Angeles, 26, is single with three children, ages 9, 8, and 2. The two oldest are in elementary school. She works selling general merchandise like clothing for children and adults, knick-knacks, garments, cosmetics, etc. She has had her business for ten years. She sells as a street vendor near work centers and other sellers. She sells on credit and gets payments weekly and bi-weekly. She has been able to advance and she has a good payment history. She buys in Managua. She is applying for a loan to invest in working capital so that she can offer her customers a large variety of merchandise. Her customer base has been growing and she has had greater demand, thanks to the fact that she is always stocking up with new and season-appropriate merchandise.
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Edelmira de los ángeles de 26 años de edad, soltera con tres hijos menores de edad 9,8 Y 2 años de edad, los dos mayores estudian en primaria, ella se dedica a la venta de mercadería en general como (venta de ropa de niños, adultos, chinerías, prendas cosméticos y otros ), su negocio lo tiene desde hace 10 años, su forma de distribución es ambulante en centro de trabajos y otros comerciantes, ella da crédito y lo recupera semanal y quincenal actualmente ha podido salir adelante Edelmira tiene un buen comportamiento de pago, ella compra en Managua, está solicitando financiamiento para invertir en capital de trabajo para así ofrecerle gran variedad de mercadería a sus cliente, ya que gracias a que siempre esta abasteciendo con la compra de nueva mercadería y de acorde a la temporada, sus clientela ha ido creciendo teniendo mayor demanda.

Previous Loan Details

Edelmira de Los Angeles is 25 years old, is single and has three underage children. She has worked for nine years selling general merchandize as a street vendor. At present, she has been able to grow in the market with her customers since she keeps her merchandize well stocked and new according t... More from Edelmira 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
  • 83
    View loans »
    Nicaragua Loans Fundraising
  • $25,792,450
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Edelmira De Los Angeles to buy general merchandise, especially children's clothing, knick-knacks, garments, cosmetics, clothing for adults, and other products.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Dec 28, 2012
Jan 2, 2013
Currency Exchange Loss:
Oct 17, 2013