Check out some available loans that are similar to this one!
Sara Elizabeth

Update on Sara Elizabeth

Sara is 27 years old, single, with no children. She is originally from Managua, a city situated in the center of the country. She sells cosmetics, a business she started five years ago, out of the necessity of having work and making money. She enjoys spending time with her family in her spare time, enjoying some of the traditional dishes of the region like Nacatamal. Unfortunately, due to the lack of money she could not study for a career. She had to work from a young age to help pay the household expenses.

Thanks to her effort and desire to get ahead, Sara has a business selling cosmetics such as lipstick, blush, eye-shadow, eye-liner, body cream, lotion, make-up remover and acetone nail polish. She has requested this loan to invest in working capital and stock her business so that in the near future she will make more revenue. Sara is grateful for the support Kiva lenders offer people of limited resources in poor countries like Nicaragua, so they can have a dignified livelihood.
View original language description ↓
Sara de 27 años de edad, soltera, sin hijos. Es originarias de Managua lugar que está ubicado en la zona central del país. su actividad consiste en la venta de cosméticos, negocio que lo inicio desde hace 5 años, el cual surgió por la necesidad de tener un herramienta de trabajo y obtener ingresos. En sus ratos libre le gusta disfrutar con su familia, aprovecha los platos típicos de la región como es Nacatamal. Lamentablemente por falta de recursos económicos no pudo cursar una carrera y se vio obligada a trabajar desde temprana edad. Para ayudar con los gastos del hogar.

Gracia a su esfuerzo y sus ganas de salir adelante tiene por actividad económico al venta de cosméticos como labiales, rubor, sombras, lápiz de ojos, cremas de cuerpos, body, desmaquilladoras, pinturas de uñas acetonas. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio para que en un futuro no muy lejano pueda obtener mejores ingresos. Sara agradece la ayuda que los inversionistas kiva les brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.

Previous Loan Details

Sara is 26 years old; she is single and doesn't have children. She works selling cosmetic products, a business that she started 4 years ago, and came up to help with the need to have a job and a source of income, since she was going through a crisis because of her mother's illness; she had been d... More from Sara Elizabeth'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
  • 54
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 25.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Sara Elizabeth to invest in working capital and to stock her business with cosmetics like lipstick, blush, eye-shadow, eye-liner, body cream, lotion, make-up remover and acetone nail polish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 23, 2013
Aug 23, 2013
Currency Exchange Loss:
Apr 16, 2014
This photo was used before for a previous loan for Sara Elizabeth. It was first posted on Kiva on Aug, 2012. Learn More