Funded

Total loan: $425
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Angela

Nicaragua
Leon, Nicaragua / Retail

A loan of $425 helped working capital.


Angela's story

Angela Calderón G. is 49 years old. She is married and her husband also helps with the household expenses. They have 4 children, of whom two live independently and two still live with her. Angela sells raffle tickets and fried foods on the weekends. For economic reasons, Angela’s mother wasn’t able to provide her with an education. This is why she earns her living in such a modest, but honorable, manner. The raffle ticket business consists of selling a series of numbers for C$15 each. The lucky winner receives C$1,000. However, she would like to do a raffle for a larger amount, and for that she needs more capital. She also would like to invest working capital in basic grains so that she can continue cooking fried foods and keep her many customers. She cooks very well and keeps a clean kitchen. Her biggest wish is to increase her raffle sales and to open a small café, which would allow her to have more income. This is what inspired her to request a loan. Currently, monetary devaluation is making products more expensive and she still needs to work hard for the two children who live with her.

Translated from Spanish by Kiva volunteer Jennifer Day



Loan details

Loan length:

14 months
Disbursed date: May 27, 2009

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: May 27, 2009