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Sara De La Concepcion
Sara De La Concepción, 58, provides taxi services. She has been in this business for over 4 years. To provide her family with daily income she must put all her efforts into this last job.

Despite having someone to actually drive the taxi she must take care to see that everything the taxi needs is provided.

Her plans for the future are to have a store in order to have an additional business because she feels it would be more profitable than her current one.

This is her first loan and she pledges to repay in a timely fashion so that she can invest the funds in buying tires, headlamps and for a general service check-up.
View original language description ↓
Sara De La Concepción tiene 58 años, su actividad es brindar el servicio de transporte. Hace más de 4 años que tiene este negocio, en este último trabajo, ella tiene que depositar todo su esfuerzo para proporcionarle a su familia los ingresos diarios, a pesar de tener a una persona que conduzca el taxi ella está al pendiente de lo que su taxi necesita, sus planes a futuro es tener una tienda, en donde pueda obtener otro negocio, además considera que es más rentable que el negocio actual que tiene. Este es el primer crédito y se compromete pagar de manera puntual sus cuotas, así podrá invertir en la compra de llantas, focos y chequeo general.

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
  • 167
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Sara De La Concepcion to buy tires, headlamps and pay for service and repair charges.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2010
Listed
Aug 11, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012