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Esperanza Del Socorro
Esperanza del Socorro S. is a 54-year-old woman who lives with her husband. She has 4 children who all work. She has been selling plastic goods for a living for 4 years. She launched this business because she noticed that many customers were looking for a way to obtain these products. Since she liked the idea of providing her customers with the products, she decided to move forward. Her goal is to improve the quality of her products so that her customers can be satisfied. This loan will be used as working capital to invest in purchasing plastic bags, cups, teacups, and all sorts of other plastic goods.
View original language description ↓
Esperanza del Socorro S. tiene la edad de 54 años, vive con su esposo. Doña Esperanza tiene 4 hijos y todos trabajan. La actividad económica de Esperanza es la venta de productos plásticos. Hace más de 4 años que se dedica a este negocio. Inicio por que observo que muchos clientes buscaban la manera de obtener sus productos como le agrado la idea de facilitarles a sus clientes estos productos decidió seguir adelante. Sus propósitos de son de mejorar la calidad de sus productos para que sus clientes se encuentren satisfechos con sus productos. El financiamiento es para capital compra para la inversión de su negocio para la compra de bolsas plásticas, vasos plásticos, tasas y todos los productos plásticos.

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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Esperanza Del Socorro working capital.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 21, 2009
Listed
Sep 30, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2010