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Maria Elena
Maria Elena M. H. is 44 years old and married. Maria has two kids, and both are in school. She has been running a grocery store for six years. It all started because she didn't have a job and needed to feed her family. Maria believes that with a loan, her business can get a little further ahead; she wants to have all the resources necessary for investing in her store. Maria decided to seek out a loan with the Leon Foundation 2000 (and its affiliated organizations), which will help her purchase products such as candy, soda, bread and juice. She hopes to offer better service, which will improve and increase her customer base.
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La Joven María Elena M. H. tiene la edad de 44 años, su estado civil es casada. Doña María tiene 2 hijos y todos estudian. La actividad económica es una pulpería. Hace más de 6 años que se dedica a este negocio, por lo que es importante resaltar que su negocio inicio por la necesidad de no poseer un empleo, ya que tenia que alimentar a su familia. Y con los financiamientos ha podido salir adelante. Los propósitos de María Elena son de tener los recursos necesarios para la inversión de su negocio. María decide realizar un financiamiento con Fundación León 2000 y las organizaciones amigas que ayudan con esta causa y comprar productos como golosinas, refrescos naturales, pan y jugos. Los sueños de María es de ofertar un mejor servicio a sus clientes para que le permita mejorar y aumentar clientes.

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
  • 96
    View loans »
    Nicaragua Loans Fundraising
  • $24,749,225
    Funds lent in using Kiva
  • 20.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Maria Elena working capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2009
Listed
Apr 29, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009