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Nora Del Carmen
Nora del Carmen is 44 years old, a single mother with 3 children, ages 16, 12, and 8. She originally came from the municipality of Managua, located in the central zone of the country.

In her free time, Nora del Carmen likes to enjoy typical dishes such as “Old Indian.” Lamentably, due to a lack of economic resources, she could not pursue a career in the university, but she would have liked to study professional nursing.

Thanks to Nora del Carmen's enterprising spirit and her desire to get ahead, she works at selling adult's and children's used clothing. This includes shirts, skirts, pants, and shorts. Nora del Carmen works some 10 hours a day at her business, offering her merchandise to both fixed and random customers. She does this from her home and on the streets.

The objective of her loan is to invest working capital in supplying her business with packs of varied clothing. She hopes to obtain better income in the near future.

Nora del Carmen is very grateful to Kiva investors for the help they offer to people with scarce resources from poor countries like Nicaragua to provide a dignified means of work.
View original language description ↓

Nora del Carmen de 44 años de edad, madre soltera con tres hijos de 16, 12,8 años, originaria del municipio de Managua, lugar que está ubicada en la zona de central del país. En sus ratos libre les gusta disfrutar de la comida típica como “indio viejo”; lamentablemente por falta de recursos económicos no pudo cursar una carrera universitaria, pero le hubiera gustado mucho estudiar enfermería profesional.


Gracia a su espíritu de emprendedor y sus ganas de salir adelante es que tiene por actividad económica venta de ropa usada de adultos y niños. Como camisas, faldas, pantalones, short. Ella dedica unas 10 horas diarias a su negocio, ofreciendo su mercadería a clientes fijos y eventuales. La actividad la desempeña en su casa de habitación y de forma ambulante. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio con pacas de ropa variada. Para que en un futuro no muy lejano pueda obtener mejores ingresos. Nora del Carmen se encuentra muy agradecida con los inversionistas kiva por la ayuda que les brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo 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
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,060,850
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Nora Del Carmen to invest working capital in stocking her business, buying and selling packs of varied second hand clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2013
Listed
Mar 25, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014