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Alba Nidia
Alba Nidia has 3 children who all work. This is not the first loan which she has had with Fundación León. Her business is running a small grocery store. She has been in this business for 14 years. It has helped her family by providing an additional income. Little by little she has invested her savings in rice, bread, soup and display cases to make make her store bigger. She has increased her capital and bought more products. The money she is requesting will be used as working capital to buy supplies. Every day she looks for ways in which to support herself in order to improve.
View original language description ↓
Alba Nidia tiene 3 hijos y trabajan de manera independiente. Esta no es la primera vez que realizaba financiamientos con Fundación. La actividad económica a la que se dedica es una pulpería, hace más de 14 años que se dedica a este negocio. Esto les ayudo como un ingreso adicional en su familia, poco a poco ella invirtió sus ahorros en arroz, pan, sopas y vitrinas para hacer más grande la tienda. Fue incrementando su capital y comprando más productos. El dinero que solicita será destinado para capital de trabajo para la compra de materia prima. Pues todos los días busca la forma de darse apoyo para mejorar más.

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
  • 151
    View loans »
    Nicaragua Loans Fundraising
  • $24,072,325
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Alba Nidia working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2010
Listed
Nov 6, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011