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Rosa Olivia
Rosa Olivia is 44 years old. She has 6 dependents. Ahe has been working with the Foundation for a long time. As a client, she has demonstrated that she is a responsible person. She has been working in a local store for more than 21 years. Despite various family and economic problems, she found the strength to get ahead. In this way she is able, with this income, to cover the schooling costs of each of her children. The financing she is asking for is for working capital for the purchase of basic grains, and things that are necessary for daily consumption such as rice, beans, sodas and juices. In the future, she would like to expand her business.
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Rosa Olivia tiene 44 años. Tiene 6 a su cargo. Ella tiene mucho tiempo de trabajar con Fundación como cliente ha demostrado que es una persona responsable. Hace más de 21 años que se dedica a una pulpería, Pese a los diversos problemas familiares y económicos, encontró fuerzas para salir adelante. De esa manera logra con este ingreso cubrir los gastos académicos de cada uno de sus hijos. El financiamiento que solicita es para capital de trabajo en la compra de granos básicos, que son necesarios para el consumo diario arroz, azúcar, frijoles, refrescos y jugos. En futuro le gustaría ampliar su 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
  • 165
    View loans »
    Nicaragua Loans Fundraising
  • $23,235,250
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Rosa Olivia working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2010
Listed
Jun 3, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011