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Ismelda Del Carmen
Ismelda is the single mother of two children who go to school. She has a business of selling food from Monday to Saturday in her house. All of the food she sells is derived from pork. She makes her purchases for cash. Her sales are for cash and credit. She started this activity to help her family more. She is always looking for a way to improve her income and help her two children.

She is asking for this loan for working capital to buy pork, ingredients, and other necessary things for her cooking. Her wish is to everyday improve the quality of her products.
View original language description ↓
La señora Ismelda, es madre soltera con 2 hijos los cuales asisten al colegio, posee un negocio de venta de comida de lunes a sábado en su casa de habitación todos los alimento que ella vende son derivados del cerdo, realiza sus compras de contado y las ventas son de contado y al crédito, comenzó a realizar esta actividad para darle un mayor beneficio a su familia por lo que siempre está buscando la manera de mejorar sus ingresos y la de sus 2 hijos. Por lo que solicita este financiamiento es para capital de trabajo que será destinado para la compra de cerdos, ingredientes y otras cosas que son necesarias para su elaboración. Su deseo es mejorar cada día en la calidad de sus productos.

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
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Ismelda Del Carmen working capital.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2009
Listed
Dec 11, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011