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Milagro Del Socorro
Milagro Del Socorro, 47, has a business that’s mototaxi service. She started the business thanks to her son who worked with a leased mototaxi and seeing that he earned good profits decided to start her business. She currently has to rise early to provide service since she has a person that leases the mototaxi from and she has to take the money. She will use the loan to buy spare parts for the mototaxi as well as tires and seats. She has many hopes for her business and wants the loan to improve it.
View original language description ↓
Milagro Del Socorro de 47 años, tiene su negocio que es servicio de moto taxis. Su negocio lo inicio por su hijo que con experiencia de su hijo que alquilaba moto y al ver que obtenía ganancias decide empezar su negocio. En la actualidad tiene que levantarse temprano para poder brindar el servicio ya que tiene una persona que le alquila la moto taxi y se encarga de llevarle el dinero. Con el financiamiento comprara repuestos para su moto taxi, además llantas y asientos. Tiene muchas aspiraciones con su negocio por eso quiere el préstamo para mejorar su negocio.

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
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,060,850
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Milagro Del Socorro to buy spare parts for her mototaxi and to buy tires and seats too.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
May 31, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012