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Adela Francisca
Adela Francisca is 34 years old, single and has two children who are 9 and 18 years old and go to school. Adela has worked as a tailor for sixteen years; she cuts, tailors and repairs clothes. In addition, she sells different clothes in the streets, like shirts, skirts, shorts, camisoles, pants and shoes.

She started this activity due to the difficulties her family was going through and the problems that came with her father’s death. As a little girl, she only had her mother’s support, who taught her this line of work so she could support herself and help support her seven siblings.

With this loan, she plans to buy materials for tailoring dresses and stock her business with new clothes. Her biggest dream is to have more capital in order to provide her children with a good education so that they grow to be good professionals.
View original language description ↓
Adela Francisca tiene 34 años de edad, es soltera y madre de dos hijos de 9 y 18 años, ambos estudiantes, es costurera desde hace 16 años, su actividad consiste en corte y confección, enmendar o reparar ropa, también ha incluido dentro de este negocio la venta de ropa nueva variada de manera ambulante: camisas, faldas, shores, camisolas, pantalones, zapatos, entre otros, empezó su negocio debido a la gran necesidad que tenía su familia ya que su núcleo familiar se vio desintegrado debido a la muerte de su padre y desde muy pequeña únicamente contó con la ayuda de su mamá quien le enseño el oficio para que pudiera ayudarla a sufragar los gastos de ella y sus siete hermanos, con ayuda del crédito planea comprar materia prima para continuar confeccionando trajes y surtir la venta de ropa nueva, su mayor sueño es capitalizar su negocio y poder brindar buena educación a sus hijos para que sean todos unos profesionales.

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
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,760,950
    Funds lent in using Kiva
  • 24.2
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $950 helped Adela Francisca to invest in working capital and buy shirts, fabric, threads, shoes, and skirts among other things.
99% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Feb 4, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014