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Angelica Cecilia
Angélica Cecilia has 2 minor children who are in her care. She has had a bakery business for more than 5 years. When she started out she did not have sufficient capital to offer her customers a large variety of bread. Owing to the good management of her business, she has managed to now offer rolls, picos (a Nicaraguan specialty made with dough, sugar and cheese), plain bread, desserts and other items. Over time, and with her repeat customers, her business has improved. Now she requests her first loan to buy raw materials such as butter, eggs, flour, salt, cheese, milk, and other needed products. She dreams of being able to build her house, because she does not now have the necessary conditions to do this.
View original language description ↓
Angélica Cecilia tiene 2 hijos menores de edad a su cargo. La actividad económica a la que se dedica es brindar el servicio de panadería. Hace más de 5 años que tiene este negocio, cuando ella inicio no tenía el capital suficiente para ofrecerles a sus clientes una gran variedad de pan, debido a la buena administración de su negocio ha logrado que su como semitas, picos, pan simple, rin y postres con el paso del tiempo y con sus clientes que recurren a su local ha mejorado. Actualmente solicita su primer financiamiento para la compra de materia prima como mantequilla, huevos, harina, sal, queso, leche entro otros productos necesarios. Ella sueña con poder construir su vivienda porque no tiene las condiciones necesarias.

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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,624,275
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Angelica Cecilia working capital to by supplies for her bakery.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2010
Listed
Jul 26, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011