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Maria De Los Santos
Maria de los Santos is 51 years old and single. Maria has seven children but none of them depend on her. She prepares and sells meals for a living. She has been in this business for more than 5 years. Maria started this business with much effort and sacrifice since she had to raise her children and simultaneously buy the basic grains to make her meals.Maria’s business goals are to improve her food’s quality and thus have more clients. The loan will be used to purchase basic grains for the production of gallo pinto (rice and beans), tortas rellenas (stuffed sandwiches), enchiladas, maduro (plantains), cheese and cooked eggs. Maria’s dream is to turn her small business into a restaurant so her children can have a better future.
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Maria de los Santos tiene la edad de 51 años, su estado civil es soltera. Doña Maria tiene 7 hijos ninguno depende de ella. La actividad económica es la venta y elaboración de comida. Hace más de 5 años que se dedica a este negocio. Maria inicio este negocio con muchos esfuerzos y sacrificios, ya que tenía que dedicarse a sus hijos y al mismo tiempo tenía que comprar los granos básicos para la elaboración de sus platillos. Los propósitos de Maria para su negocio son de mejorar la calidad de su comida para obtener más clientes. El financiamiento es destinado para capital de trabajo comprar granos básicos para la elaboración de gallo pinto, tortas rellenas, enchiladas, maduro, queso y huevo cocido. El sueño de Maria es convertir su pequeño negocio en un restaurante para que sus hijos tengan un porvenir para el día de mañana.

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $23,814,675
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Maria De Los Santos purchase bulk grains.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2009
Listed
Nov 12, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2010