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Rosa Del Socorro
Rosa, 57, is married with three adult, economically independent children. She’s from Managua located in the middle of the country. She’s noted for being a hardworking, responsible person who wants to improve personally. Sadly, because of the lack of economic resources she was unable to study and had to start working at a very young age.

Thanks to her efforts and her drive to get ahead her economic activity is selling food. The business is located in a specific place in the location. She offers home-cooked basic meals to students and workers in a nearby university zone. She’ spends about 9 hours daily at work offering such dishes as fried chicken, grilled meat, steamed meat, sautéed meat, chicken soup and ‘indio viejo’ [corn-based stew].

The object of the loan is to invest in working capital and to stock the business. She will buy food items so that in the not too distant future she can earn higher income. Rosa thanks Kiva lenders for the help they give to people of scarce resources and to poor countries like Nicaragua so they can have a dignified way to earn a living.
View original language description ↓
Rosa de 57 años de edad, casada con tres hijos, mayores, e independiente económicamente, ella es originaria de Managua, lugar que esta. Ubicado en la zona central del país. Ella se caracteriza por ser una persona, trabajadora, responsable, con ganas de superación personal. Lamentablemente por falta de recursos económico no pudo estudiar, y desde temprana edad se vio motivada a trabajar.
Gracias s su esfuerzo y sus ganas de salir adelante tiene por activad económica la venta de comida, y lo tiene ubicado en un lugar específico de la localidad. Ella ofrece comida corriente casera a estudiantes y trabajadores de una zona universidad cercana. Ella dedica a su negocio unas 9 horas diarias ofreciendo comida como pollo frito, carne asada, carne en vaho, carne sofrita, pollo en caldillo, indio viejo. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra de productos comestibles como Para que en un futuro no muy lejano pueda obtener mejores ingresos. Rosa 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
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,800,300
    Funds lent in using Kiva
  • 25.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Rosa Del Socorro to buy ingredients for her food preparation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2013
Listed
Jun 3, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014