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Inez Alfonso
Inez Alfonso, 54 years old, lives in the town of Jicaral. His wife is a homemaker because of a lack of opportunities, despite the need to have a source of income necessary in the family, since they have 7 children although only 1 still depends on them.

Inez had been teaching classes but since his salary was not sufficient is now concentrating on he running the grocery store business which he has had for over 10 years. To expand the business he wants to use this loan to buy rice, sugar, oil, and drinks. His wish is to keep this business active since it is the only way he has to provide for his family.
View original language description ↓
Inez Alfonso de 54 años, vive en el municipio del Jicaral, su esposa es ama de casa, por la falta de oportunidades y la necesidad de tener un medio de ingreso necesario en su familia, pues tienen 7 hijos pero solamente 1 depende de ellos. Ya que anteriormente se dedicaba a brindar clases pero su salario no era suficiente, El tiene más de 10 años de mantener este negocio. Para incrementar su pulpería quiere comprar con el préstamo arroz, azúcar, aceite y bebidas. Su deseo es mantener activo este negocio que es la única manera de mantener a su familia.

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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,597,675
    Funds lent in using Kiva
  • 21.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Inez Alfonso working capital.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2010
Listed
May 24, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011