Check out some available loans that are similar to this one!
Angela
Angela Calderón G. is 49 years old. She is married and her husband also helps with the household expenses. They have 4 children, of whom two live independently and two still live with her. Angela sells raffle tickets and fried foods on the weekends. For economic reasons, Angela’s mother wasn’t able to provide her with an education. This is why she earns her living in such a modest, but honorable, manner. The raffle ticket business consists of selling a series of numbers for C$15 each. The lucky winner receives C$1,000. However, she would like to do a raffle for a larger amount, and for that she needs more capital. She also would like to invest working capital in basic grains so that she can continue cooking fried foods and keep her many customers. She cooks very well and keeps a clean kitchen. Her biggest wish is to increase her raffle sales and to open a small café, which would allow her to have more income. This is what inspired her to request a loan. Currently, monetary devaluation is making products more expensive and she still needs to work hard for the two children who live with her.
View original language description ↓
Angela Calderón G. tiene 49 años de edad, esta casada y su esposo también ayuda con los gastos de hogar, tienen 4 hijos de los cuales dos de ellos viven por su propia cuenta y dos aun viven junto a ella, la actividad económica a la que se dedica Angela es a la venta de rifas y fritanga los fines de semana, por dificultades económicas la madre de Angela no pudo darle el estudio, es por esto que ella se gana la vida de forma humilde pero honrada, el negocio de la rifa consiste en vender una serie de números a un valor de C$ 15 de esta manera sobre quien caiga la suerte se gana C$1.000, pero ella desea hacer una rifa de mayor cantidad, para esto necesita mas capital, además ella desea invertir capital de trabajo en la compra de granos básicos para seguir cocinando fritanga y mantener a sus clientes ya que tiene muchos, pues cocina exquisito y es aseada, por lo tanto su mas grande deseo es expandir la venta de sus rifas y hacer una pequeña comideria que le permita obtener mas ganancias, y este es el motivo que le impulso solicitar un financiamiento pues hoy en día aquí la devaluación esta haciendo los productos mas caros y aun ella debe de luchar por sus otros dos hijos.

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

  • $3,636
    Average annual income
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,386,550
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Angela working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2009
Listed
Jun 6, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009