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Sara Raquel
Sara Raquel is 28 years old, single and has a young child. She was born in one of the municipalities of northern Chinandega.

Sara owns two types of businesses. One is buying and selling general merchandise. She buys items in Managua to sell to regular customers in outdoor markets. She provides customers with a variety of products and accepts cash or credit, collecting payments biweekly.

She also owns a business selling live hogs. She started this business through her own efforts and with the assistance of her sister who was already familiar with this type of business. She buys them from neighbouring regions, paying cash, and sells them to traders who come to the region.

One of her dreams is to build her own home since she lives in her relative's house, and to give her young son a brighter future. She would also like to see him become a professional.

This loan will be invested in both businesses, because the demand has increased and she does not have sufficient capital to supply the orders.
View original language description ↓
Sara Raquel 28 años de edad soltera con un hijo menor de edad, originaria de uno de los municipios del norte de Chinandega, Sara es propietaria de dos tipos negocio uno de ello es la compra venta de mercadería en general el cual compra en Managua y vende de forma ambulante en mercados a clientes fijos los cuales sus ventas las realiza al contado y al crédito donde recupera quincenal surtiendo así a sus clientes con variedades de productos, también es propietaria de un negocio de compra venta de cerdos en pie, el cual inicia su negocio con esfuerzos propios y con la asesoría de su hermana que ya conocía de este tipo de negocio, ella compra en comarcas aledañas al contado y los vende a comerciantes que entran en la zona, uno de sus sueños es construir su propia casa ya que ella vive en casa de familiares, para así brindarle un futuro mejor a su pequeño hijo, al igual que verlo realizado como profesional, el objetivo de este crédito es para invertir en los dos negocios, debido a que ha incrementado su demanda y no posee el suficiente capital para cumplir con sus pedidos.-

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
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Sara Raquel to purchase general merchandise and live hogs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jul 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2014