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Tersesa Luz
Teresa Luz C. is 65 years old. She is a single mother. She has 2 children under her care. She runs a small general store. She has dedicated herself to this business for over 13 years. Her humble business is located in her home. She does most of her shopping at the market. She has clients who buy candies amongst other things. Teresa is a very pleasant woman and through this business he has been able to survive and cover her expenses. The loan will be used as work capital to purchase candies, basic grains, and other every day products. Teresa’s dream is to offer her family financial stability.
View original language description ↓
La Señora Teresa Luz C. tiene 65 años. Es una madre una madre soltera. Tiene 2 hijos a su cargo. Por lo que su actividad económica es una pulpería. Hace más de 13 años que se dedica a este negocio. La ubicación de su humilde negocio es en su vivienda. La mayoría de sus compras las realiza en el mercado. Ella tiene sus clientes a quienes compra las golosinas entre otras cosas, Teresa es una mujer muy agradable y por medio de este negocio ha podido sobrevivir y sufragar los gastos. El destino del financiamiento es para capital de trabajo para la compra de golosinas, granos básicos y productos diarios. El deseo de Teresa es brindar una estabilidad económica a su familia.

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
  • 110
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Tersesa Luz work capital (to purchase candies, basic grains, and other every day products).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2009
Listed
Jul 15, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2009