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Virginia Del Socorro
Virginia del Socorro is 28, and she makes a living selling firewood, which is very common. She started her business 8 years ago by selling tortillas as a street vendor. Today she does this in her home, and her business has increased because now she sells firewood and basic grains. She started to sell because she was a single mother and had to take care of her children. Later on she got married, and her husband supports her unconditionally. In spite of the economic situation, Virginia's business has gone well for her since the beginning. She is requesting financing from the institution to be able to work and to obtain economic stability. Her wish is that her efforts give her results so she can offer her children a worthy education and so they will never lack food.
View original language description ↓
Virginia del Socorro tiene 28 años de edad, su actividad económica es la venta de leña que es algo muy común, por lo que el negocio de la señora, dio inicio hace 8 años dando apertura como la venta de tortillas de una manera ambulante, dicha actividad hoy en día la realiza en su casa de habitación y su negocio se ha incrementado, por lo que ahora ella vende leña y granos básicos, cuando empezó a vender fue por razón que ella como madre soltera tenía que sacar adelante a sus hijos, posteriormente ella se caso y su esposo le apoya de manera incondicional y a pesar de situación económica en que nos encontramos le ha ido bien desde que dio inicio. Ella solicita un financiamiento en la institución para poder trabajar y lograr tener una mejor estabilidad económica. Su deseo son que sus esfuerzos den resultados y proporcionarle a sus hijos una educación digna, y que no me les falte el pan de cada día.

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
  • 175
    View loans »
    Nicaragua Loans Fundraising
  • $23,201,925
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Virginia Del Socorro working capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2009
Listed
Nov 26, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010