Funded

Total loan: $825
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Damaris De La Concepcion

Nicaragua
Leon, Nicaragua / Cosmetics Sales

A loan of $825 helped working capital.


Damaris De La Concepcion's story

The young Damaris Concepcion G. R. is 24 years old and she married and has three children, aged 3, 5 and 7 years. The two children aged 5 and 7 are attending a public school and the three-year old stays at home. This young Mom receives support from her husband. He works as a truck driver, working in the west, in Managua and other regions. The both work hard so that there are two incomes to support the family, especially their children that require so much just to finish school.

The funds of this loan will be invested in her business as working capital, to purchase merchandise. She sells clothing, shoes and cosmetics and she wishes to offer her clients these products. She sells her products door to door, but she would like to set up a small shop or stand in her home. This way she will be able to spend more time with her family. Deamaris wishes to also increase the selection of the products she offers in her business. She has been selling in her region for the last 2 years and she now sees the need to contribute more towards the house hold expenses. Her husband found himself without work, and she being a hard worker, she decided to start up a business selling clothing to increase the family income.

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Loan details

Loan length:

16 months
Disbursed date: November 17, 2008

Lenders and lending teams



Loan details

Loan length:

16 months
Disbursed date: November 17, 2008