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Candida Rosa
Cándida Rosa is 55 years old. She is single and has five children, ages 23, 25, 27, 30 and 31. She started this business because one of her children was working in a bakery and he insisted that she open a bakery herself.

Today, her business is stable and brings her a good income. With plenty of effort, Cándida has been able to support her children. She is now applying for a loan to reinforce her working capital by buying supplies such as sugar, flour, butter, and firewood, among others.
View original language description ↓
Cándida Rosa, 55 años soltera, 5 hijos 23,25,27,30 y 31 años de edad todos trabajan, ella inicia este negocio porque uno de sus hijos trabajaba en una panadería y él le insistió hasta que ella hizo su propio horno y hoy en día es un negocio estable que le deja buenas ganancias, Cándida con muchos esfuerzos logro sacar a sus hijos adelante, ahora ella está solicitando financiamiento para reforzar su capital de trabajo y comprar materia prima como azúcar, harina, manteca, leña 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

  • $3,636
    Average annual income
  • 150
    View loans »
    Nicaragua Loans Fundraising
  • $23,157,725
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Candida Rosa to buy ingredients to continue making baked goods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Jan 3, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013