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Santos
Santos is 52. Her job is the making and sales of 'cosa de horno' [a typical Nicaraguan pastry]. She has had this business for over 33 years. She is a very enterprising woman and she enjoys this work very much. Santos gets up every day to begin her day of arduous work. In order to make more income, she decided to invest in the necessary products for the making of ceramics. With this loan she wants to buy firewood, corn, sugar, and bags, among other items. In the future she wants to help her children to have a more decent education.
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Santos tiene 52 años, su actividad es la venta y elaboración de cosa de horno. Hace más de 33 años que tiene este negocio. Ella es una mujer muy emprendedora y le gusta mucho realizar esta actividad. Santos se levanta todos los días para empezar su ardua labor, para conseguir más ingresos decidió invertir en los productos necesarios para la elaboración de las cosas de hornados. Con el préstamo quiere comprar leña, maíz, azúcar, bolsas entre otras cosas. En el futuro quiere ayudar a sus hijos que tengan una educación más digna.

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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $23,451,300
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Santos working capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2010
Listed
Nov 13, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011