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Rosa Francisca
Ms. Rosa Francisca runs her own in-home general store. She accepts both cash and credit. She obtains her goods from the oriental market and from supply trucks. She started out with a simple business because she did not have that much capital, which impeded her from offering a wide selection of products. For this reason, she is now requesting a new loan, which will be invested in her business because her busy season is approaching. She dreams of improving her home.
View original language description ↓
La señora Rosa Francisca posee un negocio que es una pulpería ubicada en su casa de habitación, realiza sus compras de contado y sus ventas son al crédito y de contado. Las compras las efectúa en el mercado oriental y a camiones repartidores. Ella inicio de una manera muy sencilla pues tenía muy capital lo que le impedía comprar una amplia variedad de productos. Es por este motivo la señora está solicitando un nuevo financiamiento para invertirlo en su negocio ya que se aproxima la temporada en donde vende más. Ella sueña con mejorar su vivienda.

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
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Rosa Francisca working capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2010
Listed
Mar 10, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2010