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Angela Del Carmen
Ángela Del Carmen has two young children and is always aware of their needs. She must also defray the household expenses. This is not the first time she has obtained a loan, which has been a great benefit for her business. She sells products such as perfumes, shoes, clothing, towels and sheets. She sells her products every day and works arduously day after day to provide for her family. This loan will be used to purchase raw materials. In the future she would like to establish a grocery store in her home but for the moment she would like to have a large inventory.
View original language description ↓
Ángela del Carmen tiene 2 hijos menores de edad, por lo que siempre esa pendiente de lo que necesitan. Ella necesita sufragar los gastos del hogar, por lo que no es la primera vez que recurre a los financiamientos, ya que ha sido de gran beneficio para su negocio. Ella se dedica a vender productos como perfumes, calzado, ropa, toallas y sabanas pues todos los días se levanta para vender sus productos, día a día trabaja arduamente en llevar el pan de cada día. Este financiamiento es para comprar materia prima. En un futuro le gustaría establecer una pulpería en su vivienda, pero hasta los momentos quisiera tener un gran inventario.

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
  • 162
    View loans »
    Nicaragua Loans Fundraising
  • $23,187,275
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Angela Del Carmen working capital.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2010
Listed
Jul 26, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011