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Migdalia Del Carmen
Migdalia Del Carmen is 41 years old and she is a fisherwoman, an activity she has been engaged in for 15 years. This is the first time she is requesting a loan, and even though it is not easy to carry on her activity owing to the different problems she has to face, she is not discouraged and she keeps on engaging in this activity. The loan she is requesting will be used to buy a small boat in order to earn more money for her family.
View original language description ↓
Migdalia Del Carmen tiene 41 años, su actividad es la pesca artesanal. Tiene más de 15 años en este negocio esta es la primera vez que realiza financiamientos pues a pesar de que no es fácil sacar adelante su negocio debido a los diferentes problemas que atraviesa esto no la desanima a seguir adelante con este medio de vida. El motivo del crédito es para la compra de una lancha para proporcionar más ingresos a su hogar.

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

  • $4,800
    Average annual income
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,575,325
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Migdalia Del Carmen to buy a small boat.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2011
Listed
Oct 16, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012