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Santos Victoria
Santos Victoria Z. Z. is 65 years old and lives with her husband. She is also mother to two children who still depend on them. Due to the necessity to provide certain income for her family, and motivated by her family, she decided to start a business butchering pigs. She has been dedicated to this activity for more than four years whereby her customers come to her house to purchase pork. One of the challenges that she has faced is, due to her age, she cannot walk to faraway places so she is looking only in certain places where it is more favorable for the pigs. The loan will be used as working capital for the purchase of pigs and certain utenstils. Her desire is to continue moving forward with her business so that her children have the opportunity to get ahead.
View original language description ↓
Santos Victoria Z. Z. tiene 65 años, vive con su esposo. Y es madre de 2 hijos que todavía dependen de ella. Debido a la necesidad de aportar cierto ingreso para su familia, y motivada por su familia decide emprender su negocio que es el destace de cerdo. Hace más de 4 años que se dedica a esta actividad, en donde sus clientes recurren a su vivienda para comprar la carne del cerdo. Uno de los desafíos que enfrento es que debido a su edad no puede caminar a lugares tan lejanos por lo que solo buscando en ciertas comarcas es donde encuentra más favorable a los cerdos. El destino del financiamiento es utilizado para capital de trabajo para la compra de cerdos y ciertos utensilios. Su deseo es seguir luchando con su negocio para que sus hijos tengan la oportunidad de salir adelante.

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
  • 134
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Santos Victoria working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2009
Listed
Aug 2, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2010