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Katy Del Socorro
Katy Del Socorro is 44 years old and a woman who likes to work. Her business is selling meals. She has been in this business for more than 3 years.

Katy started out offering just a few dishes such as 'gallo pinto' (rice and beans), 'tajaditas' (fried plantain slices) 'queso frito' (fried cheese), 'maduro' (plantain), chicken and others. Katy's challenge in her business has been that she doesn't have enough working capital to offer a large variety of dishes. She will use her loan to buy products such as basic grains, rice, beans, oil, vegetables, bags, plates, etc. Her wish is to improve her home so that she can leave it to her children.
View original language description ↓
Katy Del Socorro tiene 44 años. Ella es una mujer que le gusta trabajar. La actividad económica a la que se dedica es la venta de comida. Hace más de 3 años que se dedica a este negocio. Ella inicio con pocos platillos como gallo pinto, tajaditas, queso frito, maduro, pollos, entre otros productos. El desafío de Katy con este negocio es que no tiene suficiente capital de trabajo para ofrecer una gran variedad de platillos. El crédito es para comprar productos como granos básicos, arroz, frijoles, aceite, verduras, bolsas, platos entre otras cosas. Su deseo es mejorar su vivienda, ya que es necesaria para dejársela a sus hijos.

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
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $23,671,175
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Katy Del Socorro to buy basic grains, rice, beans, oil, vegetables, bags, plates, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2011
Listed
Mar 19, 2011
Currency Exchange Loss:
Possible
Ended:
May 18, 2012