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Blanca Rita
View original language description ↓
Mrs. Blanca B. is 49 years old and a single mother of three. One of her children is a sophomore in high school, and the others are fully grown. Blanca would like to invest heavily in her business in order to create a steady income for her household. Her dream is to install a clothing store, though now she sells used clothing in the town of malpaisillo. Blanca also has a store where she sells household products such as rice, sugar, oil, beans, detergents, sodas, chicken, and other household products. She has been in the business for over 12 years, and the income helps her support her family. Blanca started her business as an alternative to just getting by, because she doesn't get any help from the children's father. Now that she has gone through many loan cycles with our institution, Blanca hopes that she can always count on our help to grow her business.

Translated from Spanish by Sarah Bishop, Kiva Volunteer.



La señora Blanca B., tiene 49 años de edad es soltera, tiene tres hijos, de los cuales uno esta a su cargo cursando el segundo año de secundaria, es madre soltera, su proposito es poder invertir fuertemente en su negocio de esta manera tener una fuente de ingresos para el hogar, su sueño es poder instalar una pulperia con venta de ropa, ya que actualmente ella se dedica al comercio de productos del hogar como es arroz, azucar, aceite, frijoles, detergentes, gaseosa, pollo y demas productos de consumo del hogar, teniendo tambien la venta de ropa usada actividad que lleva a cabo en el municipio de malpaisillo, ella tiene mas de doce años de ejercer dichos negocios y con los cuales a apoyado a sus hijos, dando inicio como una alternativa de subsistencia ya que no contaba con el apoyo del padre de sus hijos, en la actualidad tiene varios ciclos de trabajar con nuestra institucion esperando contar siempre con el apoyo nuestro para desarrollar su proyecto.

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
  • 163
    View loans »
    Nicaragua Loans Fundraising
  • $23,187,275
    Funds lent in using Kiva
  • 19.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Blanca Rita working Capital.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 19, 2008
Listed
Sep 5, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009