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Lidia Rosa
View original language description ↓
Mrs. Olivia L. is 55 years old aand the mother of two children. One of them, atually, is working and her other daughter is on her fifth year in high school. She is single and doesn't receive any economic support. She has been a traveling salesperson for 20 years. She sells clothes, shoes, cosmetics, carbonated beverages, chicken, and laminated gold. This activity has been the main source of income for her and the family. Her dream is to strenghten her small business and make it into a solid small grocery store operation out of her home. She has experience in this area but lacks the necessary resources to develop her goal and stop being a traveling salesperson so she can enjoy more time with her daughter.
Translated from Spanish by Maria Ramirez-Gregg, Kiva Volunteer

La sñora Olivia L. tiene 55 años de edad, madre de dos hijos, uno de ellos actualemnte esta trabajando, su otra hija cursa el quinto años de secundaria, es soltera no tiene ayuda economica de nadie, se dedica a la venta de ropa calzado, cosmeticos, gaseosa, pollo, oro laminado, de forma ambualante teniendo mas de 20 años de dedicarse a esta actividad, la cual ha sido su fuente de ingresos familiar, sus sueño es poder fortalecer su pequeño negocio y constituirlo como una pulperia bien solida en su casa de habitacion, ya que ella tiene la experiencia en este rubro, pero no tiene los recursos suficientes para poder cumplir con su proposito de esta manera dejar de andar comercializando de forma ambulante y pasar mas tiempo con su hija.

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
  • 105
    View loans »
    Nicaragua Loans Fundraising
  • $24,397,800
    Funds lent in using Kiva
  • 19.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Lidia Rosa working capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 30, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009