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Martha Del Socorro
Martha del Socorro E. is 51 years old and married. She has four children. She works selling basic grains. She has run this business for more than six years. Her shop is located in her home. Her business is run with little capital, but with much desire to get ahead. She must pay her household expenses as well as provide food and education for her children. Little by little she has increased her inventory using the small income her business generates. Her customers return to her shop because Martha is very helpful and always attends to her customers with a smile. The funds she is requesting will be used as capital to purchase rice, sugar, beans, oil and corn. Her greatest dream is for her children to complete their studies and get ahead. With this work she is able to help them succeed.
View original language description ↓
La Señora Martha del Socorro E. tiene la edad de 51 años. Es una mujer casada. Tiene 4 hijos a su cargo. La actividad económica es la venta de granos básicos. Hace más de 6 años que posee este negocio. La ubicación de su negocio es en su vivienda. Por lo que sus inicios surgen con muy poco capital, pero con muchas ganas de salir adelante. Por lo que tenía que pagar las cuentas de su vivienda y además proporcionarles a sus hijos estudios y alimentación. Poco a poco fue incrementando su inventario con las pocas ganancias que su negocio le generaba, sus clientes recurrían a su pulpería ya que la atención de Martha es muy buena y además atiende a sus clientes con una sonrisa en sus labios. El financiamiento que solicita es para capital de trabajo para la compra de arroz, azúcar, frijoles, aceite y maíz. Su mayor sueño es que cada uno de sus hijos logren finalizar sus estudios y que sigan adelante con esta actividad que les ayudo a salir adelante.

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
  • 92
    View loans »
    Nicaragua Loans Fundraising
  • $24,769,675
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Martha Del Socorro capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2009
Listed
Jul 8, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2009