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Elizabeth Del Carmen
Elizabeth del Carmen is a single mother of two daughters for whom she is still responsible. She is from the municipality of Chinandega, located in the western part of the country, where trade and tourism are the main economic activities. She is characterized by being an enterprising woman with desires to improve professionally and personally. She is a a small business owner, who with effort and her own resources, managed to set up a grocery store in her home, where she offers products that are consumed at home like staple grains and frozen products, among others. She also has two other businesses. One of them is selling cow's milk and the other is selling general merchandise such as clothes, cosmetics, and perfumes. She has someone make home deliveries to her regular customers and on some occasions, she makes cash sales. The purpose of this loan is to invest in working capital, stock her grocery store, meet the demand of her customers, and invest in general merchandise. Her demand has grown a lot because the holiday season is near and that is the best time to invest.
View original language description ↓
Elizabeth del Carmen mayor de edad madera soltera de dos hijas aun bajo su responsabilidad, originaria del municipio de chinandega, ubicado en el occidente del país, donde predomina el comercio y el turismo, se caracteriza por ser una mujer emprendedora con muchos deseos de superación laboral como personal, es una microempresaria, que con esfuerzos y capital propio logra poner una pulperia en su casa de habitación, donde ofrece productos de consumo del hogar como: granos básicos, productos congelados, entre otros, también tiene dos negocio mas uno que es venta de leche de vaca y el de mercadería en general como: ropa, cosméticos, perfumenes donde el cual tiene a una persona que le realiza las entregas domiciliar a sus clientes que son fijos y en algunas ocasiones eventuales, sus compras son al contado, El objetivo del préstamo es para invertir en capital de trabajo y surtir su pulpería para y cubrir la demanda de sus clientes, al igual que invertir en mercadería en general ya que su demanda ha crecido mayormente por lo que están próximas las fiestas navideñas y son las mejores época para invertir.

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).

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $24,048,775
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Elizabeth Del Carmen to buy products consumed at home and general merchandise such as staple grains, frozen products, various styles of clothing, and cosmetics, among others.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2013
Listed
Dec 4, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014