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Rosario Angelina
Mrs. Rosario Angelina S. is 71 years old and married. She buys and sells fruits for a living, which she has done for the past 6 years. Rosario began her business with much difficulty, as her mother did not want Rosario to work. Rosario was only 15 years old when she started working, but this did not stop her from raising money to support her business. Rosario is requesting a loan in order to buy mangos, melons, oranges, tomatoes, and onions. Her desire is to keep working and keep progressing.
View original language description ↓
La Señora Rosario Angelina S. tiene 71 años. Es una mujer casada. Su actividad económica es la compra y venta de frutas. Hace más de 6 años que se dedica a este negocio. Ella inicio su negocio su negocio con muchas dificultades, por que su Mama no quería que trabajara, ya que a la edad que empezó a vender fue a la edad de 15 años, pero esto no detuvo a Rosario por lo que decide realizar financiamientos para que su negocio no decayera, y por medio de estos no perdió su negocio. El financiamiento que solicita es para capital de trabajo para la compra de mangos, melones, naranjas, tomate y cebollas. El deseo es seguir trabajando para seguir progresando como lo ha hecho hasta los momentos.

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
  • 137
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Rosario Angelina working capital.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009