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Juana
Juana is a 49-year-old mother of 2 children, neither of whom live with her. She has had a small grocery store in her home for 3 years, where she offers essential products such as basic grains. She attends to her business personally and has always had the support of her family. Juana has had several loans, and all of them have been used to improve her business. Currently she is requesting this loan for working capital, which will be used to purchase rice, sugar, detergents, coffee, oil, and some toys for the Christmas season. Her desire is to maintain this economic activity, since these are difficult times, due to a lot of competition.
View original language description ↓
Juana es una madre de familia de 49 años, tiene 2 hijos de los cuales ninguno viven con ella. Desde hace 3 años que tiene esta peña pulpería, funcionando en si vivienda en donde ofrece productos de primera necesidad como son los granos básicos, ella atiende personalmente su negocio y siempre ha contado con el apoyo familiar. Juana tiene varios financiamientos y todos han sido destinados para mejorar su negocio. Actualmente ella solicita este financiamiento para capital de trabajo que será destinado para la compra de arroz, azúcar, detergentes, café, aceite y un poco de juguetes para la temporada navideña. Su deseo es mantener esta actividad económica ya que en estos tiempos es muy difícil porque hay mucha competencia.

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
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,053,975
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Juana working capital to purchase merchandise for her store.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2009
Listed
Nov 16, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011