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Milagro Nazaret
Milagro Nazaret is 53 years old. She started her own business, which is a bar and restaurant that she has in her home, where she serves her customers. She undertakes this business because of the need to generate income for her family and help her husband with the household expenses, to get her children ahead.

Milagro is requesting the loan to invest in her business by buying products for the restaurant.
View original language description ↓
Milagro Nazaret tiene 53 años de edad, ella inicio su propio negocio que es una bar y comedor que lo tiene ubicado en su casa de habitación donde atiende a sus clientes. Este negocio lo emprende por la necesidad de generar ingresos a la familia y apoyar a su esposo en los gastos del hogar para sacar a sus hijos adelante. Milagro está solicitando financiamiento para invertir en el negocio para la compra en productos para el comedor.

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
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $24,832,275
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Milagro Nazaret to buy products for her restaurant.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2011
Listed
Jan 23, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012