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Elia Maria
Ms. Elia María owns a food store located in a corner across an ESSO gas station. She is a very hard working woman and is very happy about her business. She does her shopping on the oriental market because the products she uses for her business are cheaper there and that generates a little better earnings, She is a mother of three children who are already at work. The financing she asks for is for working capital, to purchase basic grains that she needs to make her products. Her wish is to carry on with her business.
View original language description ↓
La señora Elia Maria tiene venta de comida, la cual se encuentra ubicada en la esquina opuesta de la gasolinera esso, ella es una persona muy trabajadora además está muy feliz con su negocio. Ella realiza sus compras en el mercado oriental ya que en ese lugar los productos los cuales utiliza para su negocio son más baratos y le genera un poco de mejores ingresos. Elia es madre de tres hijos los cuales ya se encuentran trabajando. El financiamiento que solicita es para capital de trabajo para la compra de granos básicos que son necesarios para la elaboración de sus productos. Su deseo es seguir adelante con su negocio.

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
  • 114
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,000
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Elia Maria working capital to purchase basic grains.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 12, 2010
Listed
Jan 27, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011