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Consuelo Antonia

Update on Consuelo Antonia

Consuelo Antonia was already granted a loan by the microfinance institution Fundación León 2000, in which she demonstrated her entrepreneurial spirit. She says that she had good sales over the previous months; however, in the low season she still must seek a strategy to boost her turnover. Her children are studying and she succeeded with great effort to make them progress. She gives them everything they need so that they don't have to neglect their studies, because one of Consuelo's dreams is to see her children complete their studies. She is currently applying for a loan to invest in her business. She will buy products, such as staple food, oil, corn, beans, soap, and other products in great demand.
View original language description ↓
Consuelo Antonia, ya ha tenido crédito con Fundación León 2000 en el cual ha mostrado ser una persona emprendedora, en estos meses nos cuenta que están buenas las ventas pero en la temporadas bajas ellas buscan estrategias para poder que los productos se le muevan, sus hijos están estudiando y los ha sacado adelante con muchos esfuerzos para darle todo lo necesario sin descuidar sus estudios que uno de los sueños de Consuelo es que sus hijos culminen sus estudios. Actualmente está solicitando crédito para invertir en el negocio en la compra de productos como granos básicos, aceite, maíz, frijoles, jabón, entre otros productos que más se mueven.

Previous Loan Details

Consuelo Antonia runs a pulpería [small grocery store]. She has run this business for over four years and is looking for new ways to earn. This is not the first time she has requested a loan, as she is someone who is always looking for a way keep her business moving. She is always aware of w... More from Consuelo Antonia's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Consuelo Antonia to buy staple food, oil, corn, beans, soap and other products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 12, 2011
Jan 13, 2012
Currency Exchange Loss:
Feb 15, 2013
This photo was used before for a previous loan for Consuelo Antonia. It was first posted on Kiva on Jan, 2011. Learn More