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Sugeyda Agustina
Sugeyda Agustina is 28 years old. For more than 6 years she has been in the business of selling food. She gets up early because every day she has to look for the foods necessary to make her delicious dishes like gallo pinto (rice and beans), fried cheese, fried plantain chips, plantain empanadas, and fried chicken. Currently, she takes out a table every day on which she offers each of her platters. Because of this, her customers really enjoy her food, and little by little she is making a name for herself.

The loan is for business capital, including the purchase of basic grains, oil, chickens, sugar and cooking utensils. She hopes to establish a restaurant.
View original language description ↓
Sugeyda Agustina tiene 28 años. Su actividad económica es la venta de comida. Hace más de 6 años que se dedica a este negocio. Ella se levanta temprano ya que todos los días tiene que buscar los alimentos necesarios para la elaboración de sus riquísimos platillos como gallo pinto, queso frito, tajadas, empanadas de maduro y pollo frito. Actualmente todos los días saca una mesa en la que ofrece cada uno de sus platillos, por lo que sus clientes disfrutan mucho de su comida, ya que poco a poco fue estableciendo su propia fama. El financiamiento es para capital de trabajo para la compra de granos básicos, aceite, pollos, azúcar y ciertos utensilios de cocina. Su deseo es establecer un restaurante.

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

  • $4,800
    Average annual income
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,544,375
    Funds lent in using Kiva
  • 21.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Sugeyda Agustina business Capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2011
Listed
Jan 20, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2012