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Adela Francisca
Adela Francisca Sánchez García is a 33 year old single mother. She is raising two children.

She is a seamstress, and she has worked at this business for more than 15 years. She started this work on her own. Previously, when her father was alive, he was in charge of the family expenses. But, due to the circumstances of her father’s death, her mother started working as a domestic employee. Her mother helped her to keep the family going. Now Adele is in charge of the family expenses.

That is why she is asking for a loan to buy fabric, scissors, thread, and needles among other things.

Her dreams are to expand her business in order to get better income for her family.
View original language description ↓
Adela Francisca Sánchez García tiene la edad de 33 años, es madre soltera. Tiene 2 hijos a su cargo. La actividad económica a la que se dedica es ofrecer los servicios de costura. Hace más de 15 años que se dedica a este negocio. Ella inicio con este oficio por cuenta propia, por lo que anteriormente cuando su Papa estaba con vida, el se hacía cargo de los gastos de la familia, pero por debido a las circunstancias su Papa fallece por lo que su Mama empezó a trabajar como doméstica y ayudar junto con su hija a sacar a su familia adelante, ahora Adela se hace cargo todos los gastos de su familia. Y es así que solicita el financiamiento destinado para capital de trabajo para la compra tela, tijeras, hilos, alfileres entre otros. Sus sueños son de engrandecer su negocio para obtener mejores ingresos para su familia.

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
  • 100
    View loans »
    Nicaragua Loans Fundraising
  • $24,397,050
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Adela Francisca working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2009
Listed
Jul 8, 2009
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2010