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Elvia Maria
Doña Elvia C. manages a grocery business out of her home. She is 56 years old, married, and has two children who work on their own. Elvia started her business 22 years ago selling sweets to children. She gradually reinvested into her business and added basic grains to her inventory, which is what most people buy from her. Elvia says the objective behind starting her business was to look for an alternative source of income to support her children. Her husband was out of work at the time due to illness, which prevented him from securing permanent employment. However, this business has helped her family get ahead and prepare her children for college.


At the moment, Elvia is requesting a loan to purchase merchandise, mostly basic grains which she is able to sell more of in exchange for cash payments. She dreams of opening a larger business at the new market so that she can generate more income for her entire family.

View original language description ↓
Doña Elvia C. se dedica al negocio de una pulpería desde su casa de habitación. Ella actualmente es casada, tiene 56 años de edad, tiene dos hijos los cuales están trabajando por su cuenta. Ella dio inicio a este negocio desde hace 22 años, inicio primeramente vendiendo golosinas para los niños, y poco a poco fue reinvirtiendo en su negocio de tal manera que pudiera vender granos básicos, que es lo que más compra la gente. Ella afirma que su objetivo al establecer este negocio fue buscando una fuente alternativa para brindarle manutención a sus hijos, ya que para ese tiempo su esposo estaba sin trabajo por enfermedad, que era lo que mayormente le impedía realizar labores. Sin embargo, este negocio les ha servido muchísimo para salir adelante, ya que sus hijos pudieron prepararse en la universidad. Actualmente está solicitando un este crédito para la compra de mercancías principalmente desea invertir en los granos básicos, ya que para esta fecha es cuando puede aprovechar para vender más y de contado. La señora posee el sueño de tener un negocio grande en el mercado nuevo que brinde mayores ingresos a toda su familia.

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
  • 144
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,200
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Elvia Maria purchase merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 30, 2009
Listed
Jan 14, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011