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Antonia Magali
Antonia Magaly is 35 years old and she sells traditional crafts. For more than 15 years he has had this business. She has 3 young children, aged 16, 13, and 11 years old. With great effort she has managed to send them all to school. She starts her days very early in the morning at 7a.m. and works until 8 in the evening. After work she comes home to take care of the household chores. This loan will be used to purchase more crafts.
View original language description ↓
Antonia Magaly tiene 35 años su actividad es la venta de artesanía. Hace más de 15 años que se dedica a este negocio, ella tiene 3 hijos menores de edad de 16, 13 y 11 años respectivamente con mucho esfuerzo y sacrificio ha logrado que estudien. Ella se levanta muy temprano desde las 7 de la mañana hasta las 8 de la noche, que llega a su vivienda a realizar las tareas del hogar. Este financiamiento es para la compra de más artesanía.

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
  • 111
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,000
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Antonia Magali to use as working capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2010
Listed
Sep 23, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2011