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Modesta Alicia
Modesta Alicia works making baked goods. This is not the first time she's asked for a funding since it has been a great experience. She has always looked for a way to defray household costs. It's for this reason she asks for this loan to expand her inventory of eggs, flour, corn, milk, butter, etc. Despite her age she has always enjoyed being a working woman since her effort has been very worthwhile.
View original language description ↓
Modesta Alicia se dedica a la venta y elaboración de cosa de horno. Esta no es la primera vez que solicita créditos, por lo que ha sido una gran experiencia. Ella siempre ha buscado la manera de sufragar los gastos del hogar. Es por eso que solicita este crédito para aumentar su inventario en huevos, harina, maíz, leche, mantequilla entre otros. A pesar de tener la edad que tiene siempre le ha gustado ser una mujer trabajadora pues sus esfuerzos han sido muy importantes.

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
  • 138
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Modesta Alicia to expand her inventory of eggs, flour, corn, milk, butter, etc.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2011
Listed
Sep 8, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012