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Omara Del Socorro
Omara del Socorro is 27 years old and married with one son who is one year old. She is from the department of Managua, a place that is located in the central part of the country. She is characterized as being sociable, hardworking and eager for personal improvement. Unfortunately, due to a lack of economic resources, she was unable to study for a university degree but she would have liked to study business administration.

Thanks to her entrepreneurial spirit and her desire to get ahead she has as her economic activity the sale of piñatas and party products. For 11 years she has made a living in this activity. The daily routine of Omara is to work about 12 hours a day in her workplace, an activity that she carries out with great pleasure since to date it has been the means of income for her and her family.

Omara is very grateful to the Kiva lenders. Thanks to the help that they provide her she will be able to invest in working capital and stock her business in the buying and selling of piñatas and party items. In this way she will be able to sustain the business and increase her income in the not too distant future.
View original language description ↓
Omara del Socorro de 27 años de edad, casada con 1 hijo de 1 ano de edad, del departamento de Managua, lugar que está ubicado en la zona central de país. Se caracteriza por ser sociable, trabajadora, con ganas de superación personal. Lamentablemente por falta de recursos económico no pudo cursar una carrera universitaria, pero le hubiera gustado estudiar administracion de Empresa.
Gracias a su espíritu de Emprendedor y sus ganas de salir adelante es que tiene por actividad económica la venta de piñatas y productos para fiestas, desde hace 11 años que se dedica a dicha actividad. La rutina diaria de Omara es trabajar unas 12 horas al día en su puesto de trabajo, actividad que la desempeña con mucho gusto, ya que hasta la fecha ha sido su medio de ingresos y su familia.
Omara se encuentra muy agradecido con los prestamistas kiva que gracias a la ayuda que le brindan podrá invertir en capital de trabajo y surtir su negocio en la compra y venta de piñatas y artículos para fiestas. De esta manera podrá sostener el negocio e incrementar sus ingresos en un futuro no muy lejano.

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
  • 162
    View loans »
    Nicaragua Loans Fundraising
  • $23,187,275
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Omara Del Socorro to invest in working capital and to stock her business of buying and selling piñatas and party items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2012
Listed
Jan 7, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2013