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Doña Ángela is 55 years old and has three children, one of whom she is helping with his studies. She currently manages a store where she has been selling general merchandise for more than 15 years. This is not the first time she has requested financing. Ángela says she finds the loans very rewarding because they have helped her generate a little more income and boost her initial operating capital. Through her business, she has been able to meet her household expenses and move her family forward.

This loan will be used to buy merchandise such as towels, bed sheets, cosmetics, and shoes.

View original language description ↓
Doña Ángela tiene 55 años tiene tres hijos de los cuales uno es a quien ella ayuda en sus estudios actualmente su actividad es la venta de mercadería en general desde hace mas de 15 años que se dedica a este negocio. No es la primera vez que realiza financiamientos pues ha sido muy gratificante inicio por la necesidad de obtener un poco mas de ingresos incrementado su capital de trabajo inicial. Ella se ha valido de esta actividad para poder solventar sus gastos familiares y sacar adelante a los suyos. Este financiamiento es para la compra de materia prima como toallas, sabanas, cosméticos y calzado.

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
  • 110
    View loans »
    Nicaragua Loans Fundraising
  • $24,832,275
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Angela purchase towels, bed sheets, cosmetics, and shoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Oct 23, 2010
Oct 25, 2010
Currency Exchange Loss:
Jan 15, 2011