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Candida Rosa
Mrs.Candida Rosa Medina Cáceres is 61 years old and has been working with Fundación León 2000 for a long time. Through Fundación León 2000 she has been able to finance her business. For the last 5 years, she has had a bookstore in her home that took her a lot of effort to establish. In her shop, she sells paper, calculators, scissors and school supplies. The loan will be used for working capital to buy the supplies she needs for her business. Candida's wish is to continue growing her business so that she will be able to put her daughter through school.
View original language description ↓
La Señora Candida Rosa Medina Cáceres tiene 61 años, ella tiene mucho tiempo de trabajar con Fundación León 2000 ya que es por medio de ella que ha obtenido los financiamientos necesarios para su negocio. La actividad económica a la que se dedica es una librería hace mas de 5 años que se dedica a este negocio, con mucho esfuerzo logro establecerse en este lugar, actualmente está ubicada en su vivienda. En su negocio vende ciertos productos como papel, calculadora, tijeras y útiles escolares. El financiamiento es destinado para capital de trabajo para la compra de materia prima que es necesaria para su negocio. El deseo de Candida es seguir creciendo para darle los estudios necesarios a su hija.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,546,650
    Funds lent in using Kiva
  • 20.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Candida Rosa supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2009
Listed
Oct 8, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010