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Simona Del Carmen
Simona del Carmen A. A. is 44 years old and has 4 children. She has been operating a bakery for over 8 years. Sra. Simona works out of her home. She previously worked in a bakery owned by a friend and used her earnings to purchase an oven.


At first, she didn’t have enough time to learn everything about running her own business. She worked alone because she did not have the finances required to hire an employee. However, with the help of her children, she has been able to keep her business going.


The loan she is requesting will be used as working capital to purchase ingredients such as flour, eggs, butter and cheese. Simona dreams of expanding her business so that she can fulfill the demands of her customers.

View original language description ↓
Simona del Carmen A. A. tiene la edad de 44 años, tiene 4 hijos a su cargo. La actividad económica a la que Simona se dedica es una panadería. Hace más de 8 años que se dedica a este negocio. La Señora tiene una panadería localizada en su vivienda, todo inicio porque ella anteriormente laboraba en una panadería de una amiga, y con sus ganancias fue que decide comprar su horno, para establecer su propio negocio, al inicio no tenía el suficiente tiempo para realizar todo el procedimiento ella, sola porque no tenia los ingresos necesarios para contratar a una persona que le ayudara a realizar el trabajo con la panadería y con la ayuda de sus hijos logro, sacar adelante su negocio. El financiamiento que solicita es para capital de trabajo para la compra de materia prima como harina, huevos, mantequilla y queso. El sueño de Simona es ampliar su negocio para suplir la demanda de sus clientes.

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
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Simona Del Carmen working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2009
Listed
Jul 2, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 16, 2010