Update on VidaldinaVidaldina is a mature, single woman with three children that she still cares for. She is from a municipality in the north of Chinandega, which is located on the west side of the country. She owns a small grocery store that is located in her home, where she sells merchandise to the public such as rice, sugar, beans, oil, snacks, detergent, and toilet paper, among other products. The goods will be bought with cash in local markets. The sales are in cash. She also owns a grinder and she sells grinding services to the community. She begins work at the grinder at four in the morning, closing late. She has many regular clients and other occasional clients.
This credit will be used to invest in her business with the purchase of household goods and to get maintenance done on her grinder.
Vidaldina is very thankful for the support that Kiva lenders offer to people with scarce resources.
Previous Loan DetailsVidaldina is 45 years old, married, and has three high-school aged children. She lives in one of the towns of Chinandega. Vidaldina is a responsible and honest woman. She has already received 11 loans with Fundación León, which have helped her grinding business. She also has a small store and, re... More from Vidaldina's previous loan »
Fundación Leon 2000This 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).
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Success!! The loan was 100% repaid