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Carmen Cecilia
Because her husband's salary was insufficient to cover household expenses, Carmen needed to set up a business of her own. She sells rice, juices, soft-drinks, sweets, etc.

Carmen has gotten loans previously that have helped her keep her business afloat, retain her customers and maintain economic stability.

Carmen is 45 years old and lives in Leon. She has two children who are university students.
View original language description ↓
Carmen tiene una venta de arroz, jugos, gaseosas, golosinos, etc. Ella inicio en el negocio cuando el salario de su marido no le ajustaba parra los gastos de la casa. Fue entonces que tuvo que poner el negocio.

Carmen ha recibido préstamos en el pasado. Estos préstamos le han ayudado a mantener su negocio, sus clientes, y al fin, estabilidad económica.

Carmen tiene 45 años de edad y vive en Leon. Ella tiene 2 hijos que están estudiando en la universidad.

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
  • 176
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,250
    Funds lent in using Kiva
  • 21.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Carmen Cecilia to buy soft-drinks, juices, sweets, rice, cooking oil, sugar, etc.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2010
Listed
May 18, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011