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Santos Francisca
Santos Francisca is 44 years old and this is not her first experience obtaining financing. She has applied them to her bakery business. She has 5 children but only 3 are under her care. As time has passed, she has expanded her inventory and has been baking her delicious bread. The majority of her clients come in search of the best quality of bread. Santos is requesting the loan to purchase: eggs, flour, butter, cheese, firewood, and bags among other things. She dreams of her daughters finishing school and becoming prosperous people.
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Santos Francisca tiene 44 años, por lo que esta no es la primera experiencia que tiene con financiamientos ya que los ha utilizado en su negocio. Ella se dedica a una panadería. Ella tiene 5 hijos pero solamente 3 están a su cargo. Con el paso del tiempo fue ampliando su inventario y fue realizando la elaboración de su delicioso pan, la mayoría de sus clientes siempre llegan en busca de la mejor calidad de pan. Actualmente Santos solicita este financiamiento para la compra de huevos, harina, mantequilla, queso, leña, bolsas entre otros productos. Ella sueña con que sus hijas logren finalizar sus estudios y sean personas de bien.

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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $23,448,750
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Santos Francisca working capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2011
Listed
Feb 23, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011