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Ángela is 41 years old and has been selling cosmetics for more than three years. She is a very enterprising individual. Ángela started her business using her own savings. Most of her customers are neighbors, relatives, and other people who do repeat business with her. She sells different products every day since she keeps a wide variety. Many customers place orders through the catalog since they must look through it until they decide what they like most.
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Ángela tiene 41 años, su actividad es la venta de cosméticos. Hace más de 3 años que tiene este negocio ella es una persona muy emprendedora. Inicia con ahorros propios pues la mayoría de sus clientes son vecinos y familiares y ciertas personas que recurren de su actividad. La mayoría de veces sale a vender todos los días los diferentes productos ya que tiene una gran variedad de encargos, pues la mayoría de sus clientes le solicitan por medio del catalogo es que ellos deciden lo que más les gusta.

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
  • $24,828,400
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Angela operating capital to buy cosmetics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 29, 2010
Nov 6, 2010
Currency Exchange Loss:
Nov 18, 2011