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Isidora
Isidora is 44 years old. She has 4 children, but none depend on her. Isidora's economic activity is a grocery store. For more than 20 years, she has been dedicated to her business. The location of her business is at her home. Her business started with the need to obtain a source of income for the daily living of her family. Prior to that, she sold some candy, but she became very tired of commuting every day, and now she is located at her home. She is requesting a loan for working capital and to invest the money in raw materials such as candy, basic grains, natural juices, bread and soda. Her dream is that her small business will turn into a distributor.
View original language description ↓
Isidora tiene 44 años de edad. Tiene 4 hijos pero ninguno depende de ella. La actividad económica de Isidora es una pulpería. Hace más de 20 años que se dedica a este negocio. La ubicación de su negocio es en su casa de habitación. Su negocio nació por la necesidad de obtener una fuente de ingresos, para el sustento diario de su familia, por lo que diario salía a vender ciertas golosinas pero esto lo pero ya estaba cansada de viajar todos los días. Y se ubico en su vivienda. Ella solicita un financiamiento destinado para capital de trabajo e invertir el dinero en materia prima como golosinas, granos básicos, refrescos naturales, pan y gaseosas. Su sueño es que su pequeño negocio se convierta en una distribuidora.

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
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,569,675
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Isidora purchase candy, basic grains, natural juices, bread and soda.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2009
Listed
Nov 17, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011