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Lizzette Del Carmen
Lizzette del Carmen is the single mother of two children who still dependent on her. She is from the town of Chinandega, where there are many merchants and where she has a kiosk from where she sells fast food such as sandwiches, hot dogs, pizza, various snack foods, soft drinks, juices, and natural drinks. It is located in one of the most well-known parks. She started this business with her own savings from her previous work and got the opportunity to take charge of this location. She will use the money from this loan to invest into her business and increase her inventory by buying the products that she currently offers. This will allow her to offer a greater variety of fast food, allowing her customers to have a greater selection to choose from, as well as increasing her income. One of her dreams is to build a house of her own because at the moment she only has land. She also wants to see her children become professionals.
View original language description ↓
Lizzette del Carmen, mayor de edad madre soltera de dos hijos aun bajo su responsabilidad, originaria de uno de los municipios de Chinandega, donde predomina, el comercio, ademas donde esta uno de las ingenios mas importante del país, es propietaria de de un kiosco donde ofrece venta de comida rápida como sándwich, HotDog, pizza, productos variados de golosinas, gaseosas, jugos, refrescos naturales, ubicado en uno de los parques de esta localidad el cual es muy bien concurrido por la gente, inicia este negocio con capital propio de unos ahorros proveniente de mi anterior trabajo, se le dio la oportunidad de hacerse cargo de este lugar y así inicia, el objetivo de este crédito es para invertir en su negocio, incrementar su inventario, para comprar productos que actualmente no oferta, al tener más productos en existencia puede ofertar variedad de comida rápida y así el cliente tiene más opción de escoger por lo tanto sus ganancias van a incrementar, uno de sus sueños es poder construir su propia casa por que actualmente solo tiene el terreno, ver a sus hijos convertidos en unos profesionales

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

  • $4,800
    Average annual income
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Lizzette Del Carmen to buy merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2013
Listed
Dec 8, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014