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Albalorena
Alba Lorena is forty years old. She buys and sells cattle for a living. She started with a few cattle five years ago, and has been able to make a go of it because of her family's support. She has four children and, well, her daughter is sick and needs to be taken care of by the family, which is why it is best for Alba Lorena to be near her family. This is why she wants a loan -- to buy cattle. She wants her daughter to recover from her illness and to really grow her business.
View original language description ↓
Alba Lorena tiene 40 años, su actividad es la compra y venta ganado. Hace más de 5 años, pues ella comenzó con poco ganado y por medio de su familia es que ha logrado enfocarse en esta actividad. Ella tiene 4 hijos menores de edad a su cargo, pues su hija está enferma y necesita del cuidado de la familia, por lo que le resulta más favorable al estar cerca de su familia. es por eso que solicita este financiamiento para la compra de materia prima como es ganado. Su deseo es que su hija se recupere de la enfermedad que tiene y ampliar su negocio notablemente.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Albalorena working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2010
Listed
Jun 12, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2010