Check out some available loans that are similar to this one!
Eulalia Modesta
Eulalia Modesta Mayorca is 50 years old, married, and has five children. Her children are 32, 30, 26 and 24. Only her youngest daughter lives at home, and she helps her mother with the business. Eulalia’s mate works as a mason. Eulalia intents to continue the modest economic activity at which she has worked for years and she wishes to keep that business running. She hopes that she might continue for a good while in order that her family might prosper. She would like to travel abroad with her husband so that they might enjoy themselves while they can. She dreams that her workshop might excel at making uniforms, and ladies and men’s formalwear, because her customers prefer quality.

Eulalia has been in the sewing business for ten years, working both door-to-door and out of her home. Eulalia began this business by purchasing sewing supplies, and she started out making children’s clothing. Doing so, she was able to earn income to support her family. Her family gradually plowed money back into the business until it was to the point it is today. At present Eulalia is requesting a loan for working capital in order to purchase ladies, mens and children’s wear. She makes her purchases in Managua, running around town in search of whatever is best for her business.
View original language description ↓
La Señora Eulalia Modesta M. tiene la edad de 50 años, su estado civil es casada, Doña Eulalia tiene 5 hijos sus edades son las siguientes su hijo mayor de 32 años, su otro hijo de 30 años, otro varón de 26 años y su hija menor de 24 años y solo su hija la menor depende de Doña Eulalia ya que le ayuda en el negocio, su compañero de vida labora como albañil, sus propósitos son de seguir esta humilde actividad económica con la cual ha trabajado durante años y ha sido la pauta para que su negocio se mantuviera activo sus deseos son de seguir con vida durante un buen tiempo para sacar adelante a su familia y le gustaría viajar al exterior con su esposo para que ambos puedan disfrutar de la vida mientras se pueda sueños son de que su taller sea el mejor en la fabricación de los uniformes, trajes formales para damas y trajes formales para caballeros par que sus clientes prefieran la calidad.

La actividad económica a la que se dedica es brindar los servicios de costurera, la ubicación de su negocio es de forma ambulante y en su casa de habitación, el tiempo que tiene de poseer su negocio es de 10 años, Doña Eulalia inicia este negocio por la por la compra materia prima y sus inicio los logra elaborando ropa para niños y así obtener sus ingresos que le ayudarían para el soporte de su familia y poco a poco continua con la inversión de su familia hasta lograr lo que actualmente tiene en su negocio y ahora pide el financiamiento para capital de trabajo destinado para la compra de ropa para damas, caballeros y niños, y sus compras las realiza en Managua por lo que tiene que recorrer en busca de los mas favorable para su negocio.

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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • 20.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Eulalia Modesta working Capital.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2009
Listed
Feb 2, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009