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Carmelina
Carmelina is 39 years old and her business is the sale of groceries. She started very young because her mother was in charge of the business and in debt from the economic crisis. Ana could not go to classes, so her mother taught her the business that would serve her for a future and could support her. Carmelina has always dedicated much persistence to this business because she likes and shares with her clients. The loan is for the purchase of rice, ingredients such as tortillas and other things.
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Carmelina tiene 39 años, su actividad es la venta de abarrotería. Inicio desde muy joven pues su Mama se hacía cargo del negocio y debido a crisis económica Ana no pudo asistir a clases, pues su Mama le enseño este negocio que le serviría para un futuro y pudiera mantenerse, pues Carmelina siempre le ha puesto mucho empeño a su actividad, pues le gusta y además compartir con sus clientes. El financiamiento es para la compra de arroz, ingredientes, tortillas entre otras cosas.

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
  • $24,741,875
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Carmelina working Capital.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2010
Listed
Jul 2, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011