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Selene De Los Angeles
Selene S. C. is a single mother with a two year old child.

Selene has been selling wicker furniture for four years. She usually buys from a man who makes the furniture. She later sells it to people she knows. She also receives additional income for child maintenance and from a job she has in the hospital.

Her sister used to be in this business, and she introduced Selene to the business.

Her loan will be used to buy two sets of chairs to sell.

Her dream is to give her son the necessary education by selling her merchandise. Also, she wishes to reinvest more every day in the business. She wants to do this so it will grow and so that she will be self sufficient in order to support herself and her son.
View original language description ↓
La señora Selene S. C. es madre soltera y tiene 1 hijo de dos años de edad. La señora Selene tiene actualmente 4 años de dedicarse a la comercialización de muebles de mimbre y de madera, estos generalmente los compra a un señor que los elabora, para luego comercializarlo a las personas conocidas. Cabe señalarse, que la señora también obtiene ingresos adicionales para la manutención de su hijo y de ella de un trabajo que posee en el Hospital. Ella se introdujo en este negocio por su hermana, ya que anteriormente la misma se dedicaba a esta actividad. Su crédito será invertido en la compra de 2 juegos de sillas para comercializarlas. Su sueño es brindar la educación necesaria a su hijo a través del comercio de sus mercancías. Además desea reinvertir cada día más en el negocio para que este crezca y que pueda ser autosuficiente para mantenerla a ella y a su hijo.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,453,500
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Selene De Los Angeles working capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2009
Listed
Sep 5, 2009
Currency Exchange Loss:
Possible
Ended:
May 6, 2010