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Hyde Del Carmen
Hyde del Carmen M. O. is 26 years old, lives with her partner and has 3 children. The oldest is 9 and in second grade, the second one is 4 years old and not yet in school, and the youngest is 7 months old. Her partner works as a bricklayer assistant. Hyde dreams of having her own home and setting up her business there so she can continue earning income for her family as well as to offer more conveniences to her customers. In this way and with her efforts, she will be able to give her children a good future and a good education.

She sells merchandise such as clothing for children, sport shirts, socks and underwear and has had this business for the past 5 years. She started the business because she needed to become independent of her family. She began distributing her goods by means of traveling sales and then decided to increase her business so that it could become a source of income for her. The loan is for working capital to invest in more goods and to offer better quality and quantity to her customers and thus, have more earnings and work toward her future plans.
View original language description ↓

La señora Hyde del Carmen M. O. tiene la edad de 26 años, su estado civil es acompañada, con 3 hijos a su cargo: el mayor con edad de9 años cursa el 2 grado de primaria, el segundo con 4 años de edad no estudia y el mas pequeño con 7 meses de edad, su compañero de vida labora como ayudante de albañilería, los sueños de Hyde es tener su propia casa y en ella establecer su negocio para seguir generando ingresos para su familia y también para darle a sus clientes las comodidades necesarias, así podrá darle a sus hijos un buen futuro y obtendrán buena educación por medio de su esfuerzo.




La actividad económica a la que se dedica es la venta de mercadería en general como lo es: ropa para niños, camisas sport, calcetines y ropa interior, el tiempo que tiene de poseer este negocio es de 5 años, ella inicia este negocio por la necesidad de independizarse de su familia y empezó la distribución de sus diferentes productos de forma ambulante y fue así como ella decidió incrementar mas en su negocio para que este le fuera una fuente de trabajo para el, el financiamiento es para capital de trabajo para invertir mas en sus productos así ofrecer calidad y cantidad a sus clientes para obtener mas ganancias y realizar los planes que tiene para su futuro.

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).

About Nicaragua

  • $4,800
    Average annual income
  • 110
    View loans »
    Nicaragua Loans Fundraising
  • $24,832,275
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Hyde Del Carmen working capital.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2008
Listed
Nov 23, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009