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Alba Lorena
This isn’t the first time Alba Lorena, 41, has requested a loan because they have been very beneficial. She has sold milk for over six years. She started the business as a way to earn a living for her household because this is a very typical kind of occupation.

She lives in the Agua Fría area where many of her neighbors are regular customers that buy from her daily.

The loan is to buy milk so that with the passage of time production and her business will increase.
View original language description ↓
Alba Lorena tiene 41 años, esta no es la primera vez que solicita créditos pues han sido beneficiosos. Alba se dedica a la venta de leche, desde hace más de 6 años, que comenzó con este negocio. Inicio como un medio de vida necesario para su hogar, ya que este tipo de negocio es muy común, ella habita en la comarca agua fría en donde muchos vecinos son clientes estables ya que es un producto que diariamente se consume. Este crédito es para la compra de leche y así con el paso del tiempo aumentar su producción y su negocio.

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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Alba Lorena to buy milk.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2010
Listed
Dec 7, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011