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Teresa De Jesus
Señora Teresa C., 28, is a single mother with a 6-year-old son. She has a business buying and selling office furniture. She also sells clothing, stockings, etc. Señora Teresa started this business over 8 years ago, selling new clothing, jewelry, costume jewelry, and other things. As her clientele increased, she began selling office furniture. She points out that she got started with her own capital, which she increased little by little. She is requesting a loan from Fundación León 2000 in order to buy furniture pieces, since she already has the client orders that she wants to fill as soon as possible. This is the sixth loan she will have through Fundación León 2000, all of which have helped her to improve her earnings and keep her place in the market, although the competition is stronger every day. She dreams of having a shop in the market selling clothing, furniture, and domestic appliances, so she can improve her earnings and her quality of life.
View original language description ↓
La señora Teresa C. tiene 28 años de edad, es madre soltera, y tiene un niño de seis años de edad. Ella tiene un negocio de compra y venta de muebles encargados, además de que también vende productos de ropa, calzado, etc. La señora Teresa dio inicio a este negocio desde hace ocho años, vendiendo ropa nueva, joyas, bisuterías, y otras cosas, sin embargo con el tiempo fue ganando clientes y ahora vende muebles encargos. Cabe señalar, ella dio inicio con capital propio y poco a poco fue haciendo más grande su capital. Ella actualmente está solicitando un préstamo de Fundación León 2000 para realizar compras de muebles, ya que actualmente posee pedidos de clientes, que desea satisfacer lo más pronto posible. Este es el sexto crédito que le brinda Fundación León 2000, todos ellos le han ayudado a generar mayores ganancias y a mantenerse en el mercado, pese a que la competencia cada día es más dura. señora tiene el sueño de tener una tienda de ropa, muebles, y electrodomésticos, que este localizado en el mercado, esto con la finalidad de mejorar sus ganancias y su calidad de vida.

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
  • 149
    View loans »
    Nicaragua Loans Fundraising
  • $23,163,975
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Teresa De Jesus working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2010
Listed
Feb 12, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2010