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Francisca Del Socorro
Every day Francisca works in her own business, where she sells baked items. This is how she makes an income for her daily subsistence and to support her household, since having children means a constant struggle to get ahead. Five years ago she made a decision to become a businesswoman to make an income for her household, since subsistence was getting more and more difficult. This loan will be used for basic materials that she needs for her business. Francisca hopes to increase her sales and increase her familial income.
View original language description ↓
Todos los días Francisca labora en su propio negocio, que es la venta de repostería. Así es como recibe mejores ingresos para subsistir diariamente y aportar a su hogar, pues tener hijos implica una lucha constante para salir adelante. Desde hace 5años tomó la decisión de convertirse en microempresaria y aportar con su trabajo a los ingresos del hogar, pues cada vez se hacía más difícil la subsistencia. El motivo del financiamiento es para la compra materia prima necesaria para su negocio. Francisca espera mejorar sus ventas y aumentar sus ingresos familiares.

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
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $23,737,400
    Funds lent in using Kiva
  • 21.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Francisca Del Socorro working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2011