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Gladys Ricarda
Gladys Ricarda has a business selling basic grains. She has demonstrated herself to be a very humble and sincere person. She has faced the problems from the difficult financial situation that the country is going through. She has 2 children in her care. In addition to caring for her children she is also a merchant. She works every day from 6 in the morning until 7 at night. She has been in business for 12 years and it has gone very well. This loan will be used to purchase more products, such as rice, cooking oil, beans, bullion powder, and corn.
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Gladys Ricarda tiene su actividad que es la venta de granos básicos. Ella ha demostrado ser una persona muy humilde y sincera. A pesar de los problemas que ha enfrentado como es la difícil situación económica por la que el país atraviesa. Tiene dos hijos, a su cargo Ella además de estar al tanto de sus hijos también se dedica al comercio, trabaja todos los días desde las 6 de la mañana hasta las 7 de la noche. Lleva 12 años que se dedica a esta actividad y le ha ido muy bien. Este crédito es para comprar más productos como arroz, aceite, frijoles, concentrado, maíz entre otros productos.

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
  • 53
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Gladys Ricarda to purchase rice, cooking oil, beans, corn, and other products for resale.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Apr 12, 2011
May 13, 2011
Currency Exchange Loss:
Nov 15, 2012