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Salvadora Adelina
Salvadora Adelina is 60 years old, and she is a tough but humble and hard-working woman. Her business is the sale of general merchandise. More than 15 years ago, she started this business in order to provide for her children. Sometimes she has days of good sales and sometimes her goods don't sell as well, but even when she doesn't sell large quantities she sells enough to allow her family to eat. This loan she is seeking is for working capital, which she will use for the purchase of concrete blocks, stone cement, and sand. Salvadora's dream is for her children to continue this business, which is her livelihood.
View original language description ↓
Salvadora Adelina tiene 60 años de edad, es una mujer luchadora y que le gusta trabajar de manera humilde. Su actividad económica es la venta de mercadería en general, hace más de 15 años que inicio con esta actividad con el objetivo de sacar adelante a sus hijos entre los días que vende y días que no vende, ya que lagunas veces no vendía cantidades grandes pero vendía lo necesario para comer. El financiamiento que solicito es para capital de trabajo que será destinado para la compra de bloques sólidos, cemento piedrín y arena. El sueño de Salvadora es que sus hijos sigan adelante con este negocio que es su medio de vida.

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
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $24,396,400
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Salvadora Adelina working capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2009
Listed
Nov 23, 2009
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010