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Consuelo
Consuelo García B. is 53 years old and has a business selling cosmetics. She began selling this type of products sixteen years ago when her husband was seriously ill and her family needed more income. She decided to seek her daily bread by selling things on the street, and as time passed she was able to expand the products she offered and attract many customers.


In the future, Consuelo would like to improve her family's living conditions, since it is difficult to live in such a humble home and she would like to do some remodeling.


Consuelo will use this loan as working capital to purchase new products, including lipsticks, creams, and perfumes.

View original language description ↓
Consuelo García B. tiene 53 años, su actividad económica es la venta de cosméticos. Ella realiza esta actividad hace 16 años, Consuelo empezó a vender estos tipos de productos por lo que su esposo estaba enfermo con problemas de salud muy serios, y necesitaba generar ingresos para su familia, por lo que decidió salir a las calles en busca del pan de cada día para ofrecerlo a su familia, y así con el paso del tiempo logro aumentar en productos y obtener muchos clientes. En un futuro le gustaría mejorar las condiciones de vida de su familia ya que es a pesar de vivir en un lugar muy humilde le gustaría realizarle ciertas remodelaciones. El financiamiento que solicita es para capital de trabajo para la compra de nuevos productos, pinturas de labios, cremas y colonias.

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
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • 20.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Consuelo working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2009
Listed
Oct 14, 2009
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010