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Luz Del Transito
Luz del Transito R. P. is 36 years old and has two children who are still minors and under her care. Four years ago, Luz began selling clothing to make money to pay the household costs. Her business is mobile as this is the only way she can sell her products. With this loan, Luz hopes to add to her inventory and make her venture more competitive. She would use the money to buy pants, shirts, skirts, and jackets. Luz's dream is to open a store and eventually pass the business on to her children.
View original language description ↓
Luz del Transito R. P. tiene la edad de 36 años. Doña Luz tiene 2 hijos que son menores de edad y están a su cargo. La actividad económica de es la venta de ropa. Hace más de 4 años que se dedica a este negocio. Inicio este negocio por la necesidad de cubrir los gastos de su casa, la ubicación de su negocio es de manera ambulante ya que es la única manera en la que puede ofrecer sus productos. Tiene los propósitos de incrementar su inventario para competir fuertemente. El financiamiento que solicita es destinado para capital de trabajo efectuara la compra de pantalones, camisas, faldas, chaquetas. Los sueños de Luz son de establecerse en una tienda y así proporcionarle este negocio a sus hijos.

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
  • 154
    View loans »
    Nicaragua Loans Fundraising
  • $24,072,325
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Luz Del Transito working Capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2009
Listed
Sep 2, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010