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Elda Maritza
Elda Maritza B. M. is 32 years old. She is a single mother of four children, all of whom are in school. Her economic activity is selling general merchandise, which she has done for more than five years to support her family. Elda's beginnings were not easy, as she started working at a very young age, but this helped her gain experience in the business and allowed her to maintain it up to now. She is returning to Fundación León 2000 to get a loan to buy clothing, shoes, children's clothing and cosmetics. Elda wishes to get a distributor where the prices are very affordable.
View original language description ↓
Elda Maritza B. M. tiene 32 años de edad. Es madre soltera. Tiene 4 hijos a su cargo y todos estudian. La actividad económica es la venta de mercadería en general. Hace más de 5 años que se dedica a este negocio, por la necesidad de brindarle a su familia las condiciones necesarias, los comienzos de Elda no fueron nada fáciles porque empezó a trabajar desde muy joven, pero esto le ayudo a tener experiencia para su negocio y así mantenerlo hasta estos días. Ella recurre a Fundación León 2000 con la intención de facilitarle un financiamiento destinado para capital de trabajo para la compra de ropa, calzado, ropa para niños y cosméticos. Elda tiene los sueños de obtener una distribuidora donde los precios sean muy accesibles.

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
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $23,830,900
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Elda Maritza working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2009
Listed
Jun 7, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010