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Hilaria Ursula
Hilaria Úrsula, 60, is married and has ten children, all adults. She’s from Chinandega Department, a place noted for being a very productive commercial zone. Hilaria’s economic activity is selling fruit and vegetables. She’s been in business 30 years. The business consists in buying from adjacent farms. Her means of transportation is a horse-drawn cart she owns. She goes out in it to buy fruit and vegetables and then sells them from place to place in the suburbs. She also has a stand in the local market.

The business arose many years ago with help from her husband who was a farmer and they’d go out in a cart selling what he grew on his farm. Today, in addition to what they grow on their farm she also buys and sells in adjacent farms.

The loan’s objective is to invest in working capital purchasing fruit and vegetables; mainly bananas, since they are currently harvested and they want to take advantage of sales. Hilaria Úrsula is grateful for the support that Kiva lenders provide small merchants in countries with limited sources of employment like Nicaragua so that they can have a way of earning a livelihood with dignity.
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Hilaria Úrsula de 60 anos de edad, casada con 10 hijos, todos mayores de edad, del departamento de Chinandega, lugar que se caracteriza por ser una zona comercial muy productiva. Hilaria tiene por actividad económica la venta de frutas y verduras, tiene 30 anos de tener el negocio. El negocio consiste en realizar compras en las fincas aledañas, y su medio de trasporte en un carretón jalados por un caballo el cual es de su propiedad salen a comprar las frutas y verduras, posteriormente las vende de forma ambulantes en los repartos. Y en mercado de la localidad tiene un puesto de venta. El negocio surgió hace muchos anos con ayuda de sus esposo el cual era agricultor y lo que sembraban lo salían a vender en un carretón, hoy en día además de lo que producen en su finca, comprar y vende en fincas aledañas. El objetivo del préstamo es invertir en capital de trabajo en la compra de frutas y verduras, principalmente en plátanos ya que hay cosecha en estos momentos y quieren aprovechar las ventas. Hilaria Úrsula agradece la ayuda que los inversionistas kiva les brindan a los pequeños comerciantes en países con limitaciones de fuentes de trabajo como es Nicaragua para tener un medio de vida digno.

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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $23,441,425
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Hilaria Ursula to buy fruit and vegetables.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Oct 30, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013