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Placida
Placida is 61 years old. For more than 22 years, she was worked raising livestock and selling pigs. This is not the first experience she has had with loans, which have been very important for her. This business started with her family, who taught her this way of life so she could survive and support herself. Everyday she wakes up very early to take care of her animals. She dreams of continuing to improve and grow more economically. This loan is to buy livestock and pigs now that she has orders from clients.
View original language description ↓
Placida tiene 61 años, hace más de 22 años que se dedica a la producción de ganadería y venta de cerdos, esta no es la primera experiencia que ha tenido con créditos por lo que ha sido muy importante. Este negocio lo inicio por medio de la familia, quienes le han enseñado este medio de vida para que ella pudiera sobrevivir, todos los días se levanta muy temprano para hacerse cargo de sus animales. Sueña con seguir mejorando y crecer más económicamente. Este financiamiento es para la compra de ganado y cerdos ya que tiene ciertos pedidos de sus clientes.

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
  • 119
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,100
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Placida work capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2010
Listed
Sep 27, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2011