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Nicolasa Emperatriz

Update on Nicolasa Emperatriz

Nicolasa, 66, is married and has two children. 8 years ago she decided to set up a bakery in her home with the support of her husband.

They make delicious bread, which is very popular with her neighbours and she has plenty of clients. They sell basic bread like the so-called "French" bread, cheesy bread and biscuits etc. as well as sweet breads like empanada, nibbles and cakes, among others. As she is older, she dreams of being able to repair her little house with her earnings and to have a suitable home.

With the money that she has borrowed she has succeeded in growing her business more than she expected, the demand from her regular and occasional customers has increased thanks to the excellent and delicious bread that she makes with a great amount of effort, love and enthusiasm for bread making.

Nicolasa is requesting this loan to buy ingredients like flour, sugar, cheese, butter, yeast, salt and firewood among others and to repair the motor on her cake maker.
View original language description ↓
Nicolasa, De 66 años, casada, madre de dos hijos, hace 8 años decidió iniciar una panadería con el apoyo de su esposo en su casa donde elaboran un pan riquísimo que es muy popular entre sus vecinos y tiene muchos clientes y venden pan simple como: el llamado pan francés, enquesado, galletas entre otros. Dulce: empanada, picos, bonetes, tortas entre otros. Ya a su avanzada edad ella sueña con arreglar su pequeña casa con sus ganancias, y tener un hogar digno donde vivir. con los financiamientos que se le ha otorgado ha logrado crecer mas de lo que pensaba , al igual que ha incrementado su demanda sus cliente son fijos y eventuales debido a su excelente y riquísimo pan que ella elabora con muchos esfuerzos, amor, y entusiasmo para que su producción de pan sea conocido y comido en todo momento. Nicolasa solicita este crédito para compra de materia prima como: harina, azúcar, queso, manteca, levadura, sal, leña entre otros y darle mantenimiento al motor de pasteadora.

Previous Loan Details

Nicolasa Emperatriz is an entrepreneur who has sought support through financing to invest in her business buying products for the bakery which she’s taken advantage of to the maximum in that she has increased her investment to offer her customers a variety of bread. This entrepreneur has worke... More from Nicolasa Emperatriz's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 46
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 24.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Nicolasa Emperatriz to buy ingredients like: flour, firewood, sugar, cheese, butter, salt, ham and biscuits among other things.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 19, 2013
Mar 24, 2013
Currency Exchange Loss:
Apr 16, 2014