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Martha Elena
Martha Elena Rubí Hernández is 42 years old, and a single mother with 2 children. Professionally, runs a beauty shop, which she has been doing for over 10 years. She began with very few resources, as it was very difficult to get all the necessary equipment for her work. With the little bit of money she accumulated, she was able to buy hair care products.

Martha is a woman who has suffered quite a bit during her life, however, this does not prevent her from moving forward. The money that Martha requests will be used as capital for her business, to buy things such as chairs, hair dryers, curling irons, and hair care products. Her dream is to expand her business.
View original language description ↓
Martha Elena Rubí Hernández tiene la edad de42 años, es madre soltera. Tiene 2 hijos a su cargo. Ella se dedica a la actividad económica de brindar los servicios de un salón de belleza. Hace más de 10 años que se dedica a este negocio. Inicio con muy pocos recursos ya que anteriormente era muy difícil conseguir todas las herramientas necesarias para realizar sus trabajos, con el poco dinero que acumulaba lograba comprar productos de tratamientos para el cabello. Es una mujer que ha sufrido mucho en la vida, no le impide seguir adelante con su vida. El dinero que solicita es destinado para capital de trabajo para la compra de planchas para el pelo, secadora, sillas y productos para el cabello. Sus sueños son de ampliar su negocio.

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

  • $3,636
    Average annual income
  • 94
    View loans »
    Nicaragua Loans Fundraising
  • $23,723,925
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Martha Elena capital for her business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2009
Listed
Jun 5, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009