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Ada Erlinda
Ada Erlinda T. M. is 32-years old and has 2 children. Ada's work activity is selling food, which she has done for more than 6 years. She started this business by setting up a table in front of her house at night and selling tacos, enchiladas, 'gallo pinto' (a dish of mixed rice and beans, called 'mottled rooster'), and eggs, among other things. Upon seeing that her family could live off the income from this work, she decided to seek financing to advance and help her with the business.

This financing that she requests is for working capital, to buy kitchen materials, staple grains, fruits and vegetables. Ada's dream is to prepare her children and her business, so that they improve.
View original language description ↓
Ada Erlinda T. M. tiene 32 años de edad. Tiene 2 hijos. La actividad económica de Ada es venta de comida. Hace más de 6 años que se dedica a este negocio. Inicio este negocio estableciendo una pequeña mesa en las afueras de su vivienda por las noches, empezó con la elaboración de tacos, enchiladas, gallo pinto, huevos entre otras cosas, al ver que con este oficio su familia podía subsistir decide trabajar con los financiamientos para salir adelante y estos le han ayudado con su negocio. Es por eso que este financiamiento que solicita es para capital de trabajo para la compra de materiales para cocina, granos básicos, frutas y verduras. El sueño de Ada es preparar a sus hijos y que su negocio sea el mejor.

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
  • 173
    View loans »
    Nicaragua Loans Fundraising
  • $23,206,425
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Ada Erlinda working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2009
Listed
Jun 20, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009