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Reyna Aquilina
Reyna Aquilina is 40 years old and with much effort she has been able to advance her family. All of a sudden, she faced the necessity of paying for the family's expenses. She had learned about business at the age of 12 from her mother, who while alive carried out the same activity.

Independently, Reyna has 16 years doing this. As a single mother she had to find resources to maintain her children and her home. She hoped to quickly provide improvements in the home, so her children could live under proper conditions.

The loan she solicits is for working capital to buy clothing, perfumes, creams, shoes, purses, and treatments, among other things, to sell.
View original language description ↓
Reyna Aquilina tiene 40 años con mucho esfuerzo ha logrado sacar a su familia adelante. Y surgió con la necesidad de sufragar los gastos de su hogar, El negocio lo aprendí desde la edad de 12 años con su mama ya que en vida se dedicaba a la misma actividad. Ya de forma independiente tengo aproximadamente 16 años de ejercerlo, como madre soltera tenía que buscar los recursos para mantener a mis hijos y mi hogar. Ella espera muy pronto proporcionarle mejoras a su vivienda, para que sus hijos puedan vivir con las condiciones necesarias. El financiamiento que solicita es para capital de trabajo para la compra de ropa, perfumes, cremas, calzado, bolsos, tratamientos entre otros.

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
  • $23,446,500
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Reyna Aquilina buy clothing, perfumes, creams, shoes, purses, and treatments, to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2011
Listed
Aug 3, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012