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Rafaela
Rafaela Catalina works selling women's clothing. Her business is located in the market. With the help of her brother, she was able to buy more merchandise, and this is how her small business started.

She is a responsible and very hard-working person, and she has good references. She started selling clothes about three years ago. Her wish is to have a larger premises in order to serve her customers better and to satisfy the needs of every customer. Cold weather is currently coming to the country, and she would like to buy winter clothing, like sweaters, pants, shirts, and pajamas.
View original language description ↓
La Señora Rafaela Catalina, ella se dedica a la venta de ropa, por lo que la ubicación de su negocio es en el mercado, con la ayuda de su hermano es que logro comprar más mercadería, de esa manera dio inicio a este pequeño negocio. Es una persona responsable, muy trabajadora y posee buenas referencias. La señora empezó a trabajar hace aproximadamente 3 años en esta actividad .Su deseo es tener un local más amplio para poder atender mejor a sus clientes y satisfacer las necesidades de cada uno de ellos.
Actualmente llega la temporada fría al país y quiere comprar
ropas para invierno como suéter, pantalones, camisetas y pijamas.

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
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $23,409,100
    Funds lent in using Kiva
  • 21.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Rafaela purchase of clothing and a larger premises for business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2010
Listed
May 25, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011