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Carolina Andrea
Carolina Andrea, age 38, is a single mother with two children, ages 11 and 7. She is from Managua, which is located in the central part of the country. In her free moments, she enjoys engaging in recreational activities with her small children, like playing in the park. Unfortunately, for lack of economic resources, she could not attend university, and has felt obligated to work from a very young age, because of the extreme poverty in which her family lived. Currently, her dreams and goals are to be able to enable her small children to become professionals and to offer them a better future.

Thanks to her entrepreneurial spirit and her desire to succeed, she has a job selling products for babies such as: bibs, baby blankets, cradles, toys, baby clothes, mosquito nets, crib sheets, baby bags, bottles and bottle cleaners. Her business is located in one of the local markets. She works at her business about 12 hours every day, offering her products and she has worked with joy and gratitude since this has been her way of life and her way of providing for her children.

The goal of this loan is to invest in capital to stock her business by purchasing and selling baby products, so that in the not too distant future, she can obtain a better income. Carolina Andrea is grateful for the support that the Kiva investors have offered to people with scarce resources from poor countries like Nicaragua in order that they have a means of working with dignity.
View original language description ↓
Carolina Andrea de 38 años de edad, madre soltera con dos hijos menores de edad, de 11,7 años. Es originaria de Managua, lugar que está ubicado en la zona central del país. En sus ratos libres le gusta disfrutar de actividades recreativa con sus pequeños hijos, como jugar en el parque; lamentablemente por falta de recursos económicos no pudo cursar una carrera universitaria, y se vio obligada a trabajar desde temprana edad, por la pobreza extrema en la que vivía su familia. En la actualidad sus sueños y sus metas es poder formar a sus pequeños hijos, en profesionales, y brindarles un futuro mejor.
Gracias a su espíritu de emprendedor y sus ganas de salir adelante es que tiene por actividad económica la venta de productos para bebes como: baberos, edredones de cuna, jugos de sabana de cuna, lava pachas, ropa de bebe, mosquitero para cuna, protector de cuna, bolsos para bebe, mantillas, pachas. El negocio lo tiene ubicado en unos de los mercados de la localidad. Ella dedica a su negocio unas 12 horas diarias ofreciendo sus productos. Actividad que la desempeña con mucho gusto ya que ha sido la forma de vida y sustento de sus hijos. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de productos de bebe, para que en un futuro no muy lejano pueda obtener mejores ingresos. Carolina Andrea agradece la ayuda que los inversionistas kiva 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

  • $4,800
    Average annual income
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,574,825
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Carolina Andrea to invest in capital for her work by purchasing and selling baby products such as bibs, baby blankets, cradles, toys, baby clothes, mosquito nets, crib sheets, baby bags, bottles and bottle cleaners.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013