Check out some available loans that are similar to this one!
Esperanza Del Socorro
Esperanza Del Socorro has 3 grown-up children. Her business is a grocery store. Esperanza started working as she needed to make a daily income. She didn't have a job owing to her age and so she decided to set up her own business. In spite of the fact that she didn't have enough capital, she started out selling a few items such as bananas, cabbage, candies, soft drinks and 'bolis' (ice cream treats). Over time, and with the help of loans, Esperanza began to grow her business. She will use this current loan to buy candies, soda, vegetables, 'bolis', bread, cookies and other products. Her dream is to continue working and to have a store that is well stocked with the merchandise that sells best locally.
View original language description ↓
Esperanza Del Socorro tiene 3 hijos mayores de edad. Tiene su negocio que es una pulpería. Comenzó a trabajar en por la necesidad de obtener un ingreso diario, pues debido a su edad no tenía un trabajo y fue así que decide establecer su propio negocio. A pesar de no tener suficiente capital empezó con ciertas cosas como plátanos, repollo, golosinas, refrescos y bolis con el paso del tiempo fue que Esperanza empezó a crecer con su negocio y gracias también a la ayuda de los financiamientos. Con este financiamiento comprará golosinas, gaseosas, verduras, golosinas, bolis, pan, galletas entre otros. Su sueño es continuar trabajando, para tener un almacén bien abastecido de la mercancía que más se vende en los alrededores de su vivienda.

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
  • 144
    View loans »
    Nicaragua Loans Fundraising
  • $24,086,375
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Esperanza Del Socorro to buy candies, soda, vegetables, 'bolis' (ice cream treats), bread, cookies and other products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2011
Listed
Mar 31, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2012