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Erica De Los Angeles
Erica De Los Angeles is 27 years of age. She is a young entrepreneur who manages a kiosk. This is not the first time she has received a loan from Fundación Leon 2000 since the funds are necessary for advancing her business. Erica has been in business for more than seven years. All of her customers come from a hospital located nearby. She must wake up early so that she can attend to her customers who come in search of different products. Erica started with very little capital, but through good management she was able to achieve everything she has.

This loan will be used to buy merchandise such as candy, soft drinks, cookies, detergents, noodles, soap, matches, and other items.

View original language description ↓
Erica De Los Angeles tiene 27 años, esta emprendedora joven se dedica a un quiosco. No es la primera vez que solicita créditos con fundación, pues ha sido necesario para que su negocio avance. Hace más de 7 años que todos sus clientes llegan a cerca del hospital en donde está ubicado el negocio, por lo que tiene que levantarse temprano para atender a todos sus clientes que llegan en busca de diferentes productos. Inicio con muy poco capital pero la buena administración que ella realiza ha logrado tener lo que posee. Este crédito es para la compra de materia prima como golosinas, refrescos, galletas, detergentes, fideos, sopas fósforos entre otros.

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
  • 41
    View loans »
    Nicaragua Loans Fundraising
  • $26,410,775
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Erica De Los Angeles operating capital to buy candy, soft drinks, cookies, detergents, noodles, soap, matches, and other items.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Feb 18, 2011
Mar 11, 2011
Currency Exchange Loss:
Oct 16, 2012