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Dania Rosario
Dania, 55, is the single mother of an adult son. She was born in El Sauce in northern Nicaragua. She is hardworking and responsible and wants to succeed. She has overcome obstacles and adversity to provide for her son. With work and effort, she has given him the opportunity to have a bright future through his college education.

Thanks to her tenacity and desire to succeed, she runs a business selling cosmetics and gold and silver jewelry as a street vendor and in her house. She works eight hours a day. She will use this loan to stock a variety of cosmetics, such as creams, blush, perfumes, lipsticks, and cotton pads, and gold and silver jewelry, such as rings, earrings, bracelets, necklaces, watches, and bangles, for the coming Christmas season when demand is strong. Dania thanks the Kiva lenders for the support they offer to low-income people in poor countries like Nicaragua so that they can have decent work.
View original language description ↓
Dania de 55 años de edad, madre soltera con un hijo mayor de edad, es originaria del Sauce, lugar que está ubicado en la zona norte del país. Ella se caracteriza por ser una persona trabajadora, responsable, con ganas de salir adelante. Como madre soltera ha superado los obstáculos y adversidades y puso sacar adelante a su hijo, y brindarles mejores posibilidades a través de su trabajo y esfuerzo, para que en un futuro tenga un mejor futuro a través de sus estudios universitarios.

Gracias s su tenacidad, y sus ganas de superación personal tiene por actividad económica la venta de cosmeticos y prendas de oro y plata de forma ambulante y en su casa de habitación. Ella dedica a su negocio unas 8 horas diarias ofreciendo sus productos. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio con variedad de cosmeticos como crema, rubor, perfumes, labiales, desmaquilladoras y prendas de oro y platas como: anillos, aretes, pulseras, dijes, omegas, brazaletes, ya que se acerca la temporada navideña y tiene mayor demanda de sus clientes. Dania agradece la ayuda que los inversionistas kiva le brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Dania Rosario to buy cosmetics and gold and silver jewelry like rings, earrings, bracelets, necklaces, watches, and bangles for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2013
Listed
Dec 17, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014