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Dolores
Dolores M. M. is 55 years old and single. Doña Dolores has 3 children, all of whom work. Her business is selling nacatamales (regional tamales from Nicaragua). She has been doing this for 10 years and from early on struggled to keep the business afloat which helped her pay for the education for her children. For this reason the goal of Doña Dolores is to improve the quality of her nacatamales so that she does not lose any customers, because without them she would not be able to generate income. The loan that Dolores is requesting is for working capital so she can buy ingredients and supplies such as corn, meat, firewood and other things. Her greatest dream is to establish a restaurant where she can serve her nacatamales.
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La Señora Dolores M. M. tiene la edad de 55 años, su estado civil es soltera. Doña Dolores tiene 3 hijos y todos trabajan. La actividad económica es la venta de nacatamales. Hace más de 10 años que se dedica a este negocio, por lo que desde muy joven ha luchado por mantener este negocio que le ayudo a educar a sus hijos. Es por eso que el propósito de Doña Dolores es mejorar la calidad de los nacatamales ya que así no perdería a sus clientes, ya que sin ellos no podría generar los ingresos necesarios para su negocio. El financiamiento que Dolores solicita es para capital de trabajo y así invertir en materia prima como maíz, carne, leña y otros. Su mayor sueño es establecer un restaurante para ofrecer sus nacatamales.

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).

About Nicaragua

  • $4,800
    Average annual income
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 20.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Dolores working capital.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2009
Listed
Apr 26, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010