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Socorro
Socorro is 55 years old. She sells general merchandise. She’s been in business over 30 years. She managed to learn it as an alternative source of work. She’s always been a very independent person and enjoys having a source of income to support her family. The loan she’s requesting is to buy clothes, cosmetics, sheets, towels, decorations, glass drinking glasses and drapes. She dreams with keeping her business very active and with increasing inventory.
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Socorro tiene 55 años, su actividad es la venta de mercadería en general. Hace más de 30 años que tiene este negocio, logro aprenderlo como una alternativa de trabajo. Ella siempre ha sido una persona muy independiente y disfruta de tener un medio de ingres para mantener a su familia. El financiamiento que solicita es para la compra de ropa, cosméticos, calzado, sabanas, toallas, adornos, vasos de vidrio y cortinas. Ella sueña con mantener su negocio muy activo y aumentar su inventario.

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
  • 83
    View loans »
    Nicaragua Loans Fundraising
  • $23,715,900
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Socorro to buy clothes, cosmetics, footwear, sheets, towels, decorations, glass drinking glasses and drapes.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 14, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012