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Raquel Francisca
Raquel has had her business for five years. She learned to make bread and nacatamales when she was three years old. Her father owned a bakery, but it failed. After marrying and having two children, Raquel restarted the business. Now she also makes and sells nacatamales. She’s been able to expand her business and move it ahead, thanks to her previous loans.

She is 28 years old and lives in El Sauce. She is married and has two children in school. Her goal is to open a large bakery in order to create a solid income base for her family.
View original language description ↓
Raquel tiene 5 años de tener su negocio. Aprendió el negocio de elaboración de pan y nacatamales desde que tenía 3 años. Su papa antes tenía panadería pero fracaso y, luego, después de casarse y tener dos hijos Raquel inicio el negocio de nuevo. Ahorra también hace y vende nacatamales.

Raquel a podido salir adelante ampliando su negocio gracias a préstamos que ella ha logrado en el pasado.

Raquel tiene 28 años de edad y vive en El Sauce. Ella está casada y tiene 2 hijos en la escuela. Su meta es llegar a tener una panadería grande para tener una base solida de ingreso familiar y construir un propio local para el negocio.

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
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $23,724,925
    Funds lent in using Kiva
  • 21.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Raquel Francisca supplies and ingredients.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2010
Listed
May 20, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 21, 2012