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Rosandra Maria
Rosa is 37 years old and has three children that are dependents. She works as a seamstress. For more than 22 years she has been working in this business. She began this business in order to progress. She is always worried about providing for her customers’ needs. She gets up very early as each day she has between two and five requests for her services. This is why she is asking for a loan for working capital, which she will use to buy scissors, thread, fabric, buttons, needles and lace. Rosa hopes to progress in this line of work which is the only way that she has to succeed.
View original language description ↓
Rosandra María tiene 37 años de edad y Tiene 3 hijos que dependen de ella. La actividad económica es un taller de costura. Hace más de 22 años que se dedica a este negocio. Ella inicio este negocio por la necesidad de salir adelante por lo que siempre se preocupa por proporcionarle a sus clientes lo que ellos le solicitan con sus preñadas. Ella se levanta muy temprano pues al día tiene 2 o 5 pedidos. Es así que solicita este financiamiento para capital de trabajo que será destinado para la compra de tijeras, tela, hilo, botones, agujas y encajes. Ella desea seguir adelante con este medio de vida que es lo único que tiene para sobrevivir.

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
  • 79
    View loans »
    Nicaragua Loans Fundraising
  • $23,617,600
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Rosandra Maria working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2010
Listed
Mar 23, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011