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Modesta
Modesta is 41 years old and has worked with Fundación Leon 2000 for a long time. She operates a grocery store and has made great strides in her business. Modesta offers a wide variety of products such as basic grains, candy, natural sodas, bread, juices, and other items for household consumption. She has been in business for more than 22 years and has several different customers who come by to shop since she offers the best service.


The loan she is requesting will be used as needed operating capital to buy merchandise for her establishment. She dreams of expanding her business and increasing her inventory.

View original language description ↓
Modesta tiene 41años, por lo que tiene mucho tiempo de trabajar con Fundación, por lo que ha sido un gran avance para su actividad. La actividad económica es una pulpería, en donde ofrecer una gran variedad de productos como granos básicos, golosinas, refrescos naturales, pan, jugos y otros productos para el consumo del hogar. Hace más de 22 años que se dedica a este negocio, por lo que es muy visitada por sus diferentes clientes, ya que además les ofrece la mejora atención. El destino del financiamiento que solicita es para capital de trabajo necesaria para la materia prima de su establecimiento. Sueña con ampliar su negocio y aumentar su 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

  • $4,800
    Average annual income
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Modesta operating capital to acquire more merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2010
Listed
Jul 26, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011