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Rosa Alba
Rosa Alba, age 37, is married and lives in the municipality of Puerto Morazán, Del Viejo city, department of Chinandega. She lives with her four children, ages 11, 19, 21 and 22. The youngest is in fifth grade, and the eldest us studying to be a teacher. Rosa Alba started her convenience store with her husband in order to find a means of subsistence; her husband is a farmer and he was starting into the transportation business. The store is now a stable, prosperous business that is growing. "At the moment, my income depends on my store. It is located in my home. My daughters, who are studying to be teachers, help me. My husband is helping now that his business is going a bit better. I will use this loan to invest more in the store with the purchase of basic staples such as rice, sugar, corn, beans, oil, soap, and other products." She makes her purchases in Chinandega and also from distributors who visit her at home.
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Rosa Alba, 37 años de edad casada del municipio de puerto Morazán ciudad del viejo, departamento de Chinandega, con cuatro Hijos de 11,19,21 y 22 el menor está en 5to grado y el de 19 años cursa el magisterio, ella inicia su negocio de pulpería con su esposo buscando un medio de subsistencia, ya que él era agricultor y empezaba en el negocio de transporte, hoy en día es un negocio estable, próspero y en crecimiento, por los momentos mis ingresos dependen de mi pulpería ubicada en mi casa de habitación, al igual que también obtengo apoyo de mis hijas que son maestra y de mi esposo ahora que su negocio van un poco mejor, el financiamiento que estoy solicitando es para invertir más en la pulpería con la compra de productos básicos, como arroz, azúcar, maíz, frijoles, aceite jabón, y otros productos más, los cuales las compras las realiza en Chinandega y también a distribuidoras que la visitan directamente a su casa.

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
  • 104
    View loans »
    Nicaragua Loans Fundraising
  • $24,823,475
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $650 helped Rosa Alba to buy basic stock such as rice, sugar, corn, beans, and oil.
99% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2012
Listed
Jan 3, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014