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Silvia Elena
Silvia Elena Z. F. is 35 years old and a single mother with one child that she supports. Silvia is an entrepreneur woman and has always liked the business arena. Her business is the wholesale of caps and has been doing it for more than 4 years. She decided to take over the business after her husband’s death, because she had to provide for her son. Her business is currently located in the central market.


She decided to work with Fundación Leon 2000 because the funding has helped the business. The loan requested is for working capital since she travels to other states to find better priced merchandise.

View original language description ↓
Silvia Elena Z. F. Z. tiene 35 años, es una madre soltera y tiene un hijo a su cargo. Silvia es una mujer muy emprendedora y siempre le ha gustado el negocio. Su actividad económica es la venta de gorras al por mayor. Hace más de 4 años que se dedica a este negocio. Ella decidió hacerse cargo del negocio al fallecer su esposo, porque tenia que sacar a su hijo adelante. Actualmente su negocio esta ubicado en el mercado central, decide trabajar con Fundación León 2000 por que los financiamientos le han servido de ayuda para el negocio. es por eso que el dinero que solicita es para capital de trabajo ya que ella viaja a otros departamentos para buscar el producto de manera mas favorable.

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
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,731,150
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Silvia Elena working capital.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2009
Listed
Jun 4, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009