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Sara Petrona
Mrs. Sara Petrona C. is 34 years old, married with three young children still in school. Mrs. C. has a small convenience store situated in her home. She started up this business 3 years ago by selling firewood, food and beans to her neighbors. However, with time, she succeeded in establishing the convenience store. Generally her purchases are made from her house, as that is where the majority of venders come to sell her the type of items she offers. Fruit and vegetables are the only things she has to go and get at the market. Her loan will be used to buy a bigger quantity and variety of merchandise. Her dream is to own a large convenience store, the kind which sells all kinds of goods and that could offer greater revenue for her family.
View original language description ↓
La señora Sara Petrona C. ella tiene 34 años de edad, es casada y tiene tres hijos menores de edad, son estudiantes. La señora C. tiene una pulpería ubicada en su casa de habitación. Ella dio inicio a este negocio hace 3 años, ella empezó vendiendo leña, comida y frijoles a sus vecinos. Sin embargo con el tiempo logro establecer la pulpería. Sus compras generalmente las realiza desde su casa, ya que allí le llegan a vender la mayoría de artículos que ofrece. Solamente las verduras y frutas son las únicas cosas que ella va a comprar al mercado. Su crédito será invertido en la compra de mayor cantidad de mercancías, en artículos varios para la misma. Su sueño es llegar a tener una pulpería grande, en la cual venda todo tipo de artículos, que puedan brindar mayores ingresos 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

  • $3,636
    Average annual income
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $23,731,525
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Sara Petrona working capital.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010