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Maria Fabiola
Maria’s clothing business continues to do well. She will use this loan to purchase merchandise for her inventory but will also purchase toys and Christmas decorations to have things to offer her customers for the Christmas season. Maria has a long credit history with Fundación León 2000 and this will be her second Kiva loan. She says that the loans she has received have greatly helped her business and have contributed to the improvement of her lifestyle.

Maria is a single mother and has two lovely children. Her son is two years old and inspires Maria to find great children’s clothing items. Maria’s daughter is 17 and helps with the business when she is not in school. Maria dreams of being able to continue to provide a good education for her children by maintaining her business. Problems arise in her business with customers who are unable to pay on time.

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

  • $4,800
    Average annual income
  • 110
    View loans »
    Nicaragua Loans Fundraising
  • $24,831,575
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Maria Fabiola working capital.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Nov 19, 2009
Nov 26, 2009
Currency Exchange Loss:
Mar 24, 2011