Adding to basket
Ena is a micro-entrepreneur who previously invested in her business via a loan from Kiva and MiCrédito, generating more strength and economic income. This time she is asking for a new KIVA loan through MiCrédito in order to buy a new freezer for maintaining her ice creams and sodas in a frozen and cool state. Finally she wants to sell chicken.
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Translated from Spanish by Kiva volunteer Debra McMahon. View original language description.
Ella es Ena una microempresaria que previamente invirtió en su negocio un financiamiento de estas dos Instituciones, generando mayor fortalecimiento y entradas económicas. Esta vez solicita un nuevo crédito KIVA por medio de MiCrédito para comprar un frízer nuevo para mantener congelados los hielos y gaseosas. Finalmente desea vender pollo.
This loan provides capital to first-time business owners. It might equip a woman entrepreneur with a basic financial education and the funds to start a business. In which case, you're helping a woman gain financial independence and provide for her household. Alternatively, it might help a recent graduate from university or trade school to start or grow businesses. In this case, you're helping a young adult build credit and create jobs in a country with high unemployment and underemployment rates.
MiCredito operates in both Nicaragua and Costa Rica.
Kiva loans are facilitated through 2 models, partner and direct, that enable us to reach the greatest number of people around the world.
For partner loans, borrowers apply to a local Lending Partner, which manages the loan on the ground. Lending Partners are responsible for screening borrowers, disbursing loans, posting borrowers to the Kiva website for funding, collecting repayments and otherwise administering Kiva loans on the ground to borrowers.
For direct loans, borrowers apply through the Kiva website and may or may not be endorsed by a Trustee. Unlike Lending Partners, Trustees don't handle any financial transactions or have any duty to repay loans on behalf of their borrowers. Instead, Trustees take the role of providing support and business advice to their borrowers throughout the term of the loan.
A Lending Partner's average loan size is expressed as a percentage of the country's gross national annual income per capita. Loans that are smaller (that is, as a lower percentage of gross national income per capita) are generally made to more economically disadvantaged populations. However, these same loans are generally more costly for the Lending Partner to originate, disburse and collect.
Loan tags help lenders find loans that match certain areas of interest.
Kiva loans are facilitated through 2 models, partner and direct, that enable us to reach the greatest number of people around the world.
For partner loans, borrowers apply to a local Lending Partner, which manages the loan on the ground. Lending Partners are responsible for screening borrowers, disbursing loans, posting borrowers to the Kiva website for funding, collecting repayments and otherwise administering Kiva loans on the ground to borrowers.
For direct loans, borrowers apply through the Kiva website and may or may not be endorsed by a Trustee. Unlike Lending Partners, Trustees don't handle any financial transactions or have any duty to repay loans on behalf of their borrowers. Instead, Trustees take the role of providing support and business advice to their borrowers throughout the term of the loan.
A Lending Partner's average loan size is expressed as a percentage of the country's gross national annual income per capita. Loans that are smaller (that is, as a lower percentage of gross national income per capita) are generally made to more economically disadvantaged populations. However, these same loans are generally more costly for the Lending Partner to originate, disburse and collect.
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Agree Use a Free TrialYour free credit can't be applied to this loan. If you would like to make a loan to this borrower anyway, you will have to use your own money.
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