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Juana  De La Cruz
Juana de la Cruz García is 41 years old and single. She has two children. Her older son is 18 years old and is repeating his fifth year of secondary school. Her younger son is 14 years old and in his third year of secondary school. Juana would like to maintain an active, secure business so that she can give her sons a promising future. She hopes that her sons will graduate and wants to provide them with a house that they can freely enjoy.

Juana has been making and selling tortillas for 10 years. She started this business buy herself with some relatives who live on a farm. She started making tortillas in her home and neighbors would come by to purchase them. Later she decided to establish her business to sell her tortillas more widely. Juana will use the loan to buy firewood, now that a cart costs 840. She'll also buy corn in 100kg bags because its more feasible, and thereby generate income for her family.
View original language description ↓

La señora Juana de la Cruz García tiene la edad de 41 años, su estado civil es soltera esta señora tiene 2 hijos su hijo mayor tiene la edad de 18 años que cursa recientemente el 5 año de secundaria y su otro hijo de 14 años cursa el 3 año de secundaria, en sus propósitos esta mantener activo su negocio de forma segura y así podrá darle a sus hijos un futuro prometedor por lo que en sus deseos esta que sus hijos logren graduarse y proporcionarles una vivienda donde ellos puedan gozar de plena libertad .



El tiempo que tiene de poseer este negocio es de 10 años, su actividad económica es la venta y elaboración de tortillas, ella inicia este negocio por iniciativa propia por unos parientes que residían en una finca y ella empezó la elaboración de las tortillas en su casa de habitación y las vecinos llegaban a pedirle tortillas por lo que mas tarde decide poner una venta de tortillas y es así como obtiene este negocio, el motivo del financiamiento es para capital de trabajo por lo que necesita realizar la compra del maíz, leña ya que la carreta vale 840 y también realiza la compra de maíz por quintal por lo que de esta forma le resulta mas factible y así podrá generar ingresos para su familia.

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

  • $3,636
    Average annual income
  • 86
    View loans »
    Nicaragua Loans Fundraising
  • $23,715,900
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Juana De La Cruz working capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2008
Listed
Nov 28, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009