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Francisca Marisol
Francisca Marisol provides a milling service. She has had this business for more than 5 years. She started in the business because she was selling cereals, corn, wheat, etc. but, over time, she decided to set up her own mill and provide this service to the people who live nearby and also some who travel long distances. Francisca Marisol will use her loan to repair and service her mill and to buy the spare parts she needs.
View original language description ↓
Francisca Marisol se dedica a brindar el servicio de molino. Hace más de 5 años que tiene este negocio. Inicio porque ella vendía cereales de maíz, trigo, entre otros productos pero con el paso del tiempo ella decide establecer su propio molino y así brindar este tipo de servicio a las personas que viven cerca y algunas que llegan de largas distancias. El motivo del financiamiento es para la reparación y mantenimiento de molinos y en la compra de repuestos necesarios.

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
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,950
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Francisca Marisol working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2010
Listed
Dec 15, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011