Check out some available loans that are similar to this one!
Aracelly Del Carmen
Aracelly del Carmen has two minor children who she is raising. She has a business that is a beauty salon, which is located in her home. She started this business nine years ago. She started working in this after some friends taught her this way to live that is now so important to her. Her friends sent her customers to practice on and to get to know. Afterwards, she began to expand her business as she was offering a good service and her customers took on the task of sending her more customers. The loan she requested will be invested in buying flat irons, combs, and talcum powder, among other things. Her dream is to expand her business so that she can offer better economic stability to her family.
View original language description ↓
Doña Aracelly Del Carmen tiene 2 hijos menores de edad a su cargo. La señora tiene un negocio que es salón de belleza, el cual está localizado en su casa de habitación. La señora dio inicio a este negocio desde hace 9 años, Ella empezó con este negocio, después de que unas amigas le enseñaran este medio de vida que es importante y sus mismas amigas le enviaban clientes para que practicara y se diera a conocer. Después fue ampliando su negocio, ya que ofrecía un buen servicio y los mismos clientes se encargaban de enviarles a otros clientes. El crédito solicitado por la señora será invertido en la compra de planchas, peines, talcos entre otras cosas. El sueño que tiene la señora, es ampliar su negocio que brinde mayor estabilidad económica a ella y a su familia.

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
  • 92
    View loans »
    Nicaragua Loans Fundraising
  • $24,384,075
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Aracelly Del Carmen working capital.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2011