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Candida Rosa
Cándida is a 50-year old woman, who is single and has one adult son. She's originally from Sauce, located in the north of the region. She's a hard-working and responsible woman, and has a strong willingness of self-improvement. Unfortunately, due to the lack of financial resources, she could not attend university and had to start working when she was very young.

Thanks to her hard work and willingness to get ahead, she works selling cosmetics, such as blusher, eye shadow, lipstick, body lotion, perfume and eye concealer. She sells in the street and taking orders. She spends 10 hours daily working and walks the street every day carrying a weight of 10kg. She offers her products to regular and occasional clients with an aim to obtain better income in the near future.

She plans to invest the loan in working capital and to stock up on cosmetics. Cándida is grateful to Kiva lenders for supporting people with limited resources in poor countries like Nicaragua so that they can have a decent job.
View original language description ↓
Cándida de 50 años de edad, madre soltera con un hijo, mayor de edad. Es originaria del Sauce, lugar que está ubicado en la zona norte de la región. Esta mujer se ha caracteriza por ser trabajadora, responsable, con ganas de superación personal. Lamentablemente por falta de recursos económico no pudo cursar una carrera y se vio obligadas a trabajar dese temprana edad.
Gracia a su esfuerzo y sus ganas de salir adelante tiene por actividad económica la venta de cosmético como rubor, sombra de ojos, lapiz labial, cremas corporale,perfumes, antiojera, desmaquilladoras, lapiz de ojos. de forma ambulante y por encargo. Ella dedica a su negocio unas 10 horas diarias ofreciendo sus productos, todos los días recorre la calle con un peso de unos 10 kg ofreciendo sus productos, a clientes fijos y eventuales para que en un futuro no muy lejano pueda obtener mejores ingresos. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de cosméticos. Cándida agradece la ayuda que los inversionistas kiva les 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

  • $3,636
    Average annual income
  • 61
    View loans »
    Nicaragua Loans Fundraising
  • $23,461,725
    Funds lent in using Kiva
  • 25.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Candida Rosa to invest in working capital and stock up on cosmetics, such as blusher, eye shadow, lipstick, body lotion, perfume, eye concealer, make-up remover and eyeliner.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2013
Listed
Jan 15, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015