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Ruth Del Socorro
Sra. Ruth Del Socorro, 30, has two children. She works as a street vendor, selling general merchandise to the customers she finds. She will use this loan to buy curtains, sheets, footwear and cosmetics. She has operated the business for some time. She is happy with the business and it's become her means of making a living. She has always been a responsible person and wants to get ahead in the world.
View original language description ↓
La señora Ruth Del Socorro tiene 30 años y dos hijos a su cargo. Tiene un negocio de venta de mercadería en general ubicado de manera ambulante ya que así obtiene nuevos clientes. Con su préstamo comprara cortinas, sabanas, calzado y cosméticos. Tiene mucho tiempo en este tipo de negocio, por lo que se encuentra muy feliz de obtener un medio de ingreso. Ella siempre ha sido una persona responsable y que tiene las fuerzas para salir adelante.

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
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $23,461,725
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Ruth Del Socorro to buy curtains, sheets, footwear and cosmetics for her retail business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2011
Listed
Aug 17, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012