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Claudia Cordelia
Claudia, 58, is married and has two grown children. She owns a corner shop that she has operated from a space in her house for 20 years and a kiosk that she set up more recently at a local bus terminal. She is a long-standing client of Fundacion and says that they have helped her grow her business. She invested a bit at a time over the years, buying merchandise for her corner shop and eventually saving enough to buy the kiosk. She says that she wants to add new products and earn enough to pay her youngest son's university fees. He's almost finished with school now, so she's very close. She will use this loan to buy merchandise--rice, beans, cooking oil, bread, sugar, snacks, cold drinks, etc.--that she will resell.
View original language description ↓

Claudia de 58 años de edad casada, con dos hijos mayores de edad, tiene por actividad económica la venta, tiene por actividad económica una pulpería y un kiosco, la pulpería la tiene en su casa de habitación y el kiosco en la Terminal de buses de la localidad, tiempo de dedicarse al pulpería 20 años, ella tiene varios años de trabajar con Fundación la cual le ha ayudado a crecer poco a poco invirtiendo en capital de trabajo en la actualidad con las ganancias es que pudo comprar el kiosco y lo abastece con los proveedores que le ofrecen desde hace varios años, su sueños y metas es incrementar un poco mas su inventarió y terminar de pagarles los estudios universitario a su hijo menor el cual depende totalmente de ellas objetivo que esta a punto de lograrlo ya que su hijo pronto culminara su carrera. con el financiamiento comprara productos de consumo diario como: arroz, frijoles, aceite, pan, azucar, galletas, gaseosas, jugos entre otros.

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
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Claudia Cordelia to stock her retail business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 1, 2012
Listed
Aug 22, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013