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Candida Octaviana
Sra. Cándida Octaviana B. M. is 46 years old, widowed, and has 4 dependent children. She has been in business for 20 years. Previously, she sold sandals but that type of product did not result in enough growth for her to support her family.


She is requesting a loan to buy different styles and sizes of shoes. Her biggest dream is to open a store from her home.

View original language description ↓
La Señora Cándida Octaviana B. M. tiene 46 años. Es una mujer viuda. Tiene 4 hijos que todavía dependen de ella. Ella comienza este negocio hace 20 años, porque anteriormente ella vendía sandalias, pero debido a su poco crecimiento con su negocio, ha logrado sacar adelante a su familia. Ahora solicita un financiamiento para capital de trabajo para comprar diferentes zapatos, modelos y tallas. Su mayor sueño es establecer una tienda en su vivienda.

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
  • 167
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Candida Octaviana operating capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2009
Listed
Jul 19, 2009
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2010