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Maria De Los Angeles
Maria De Los Ángeles is 46 and works selling juice drinks. She has 2 young children in her care. She is very famous with her small stand in front of her humble house. She is outside all day long selling her delicious drinks. Despite the fact that she has had little formal education, because her parents didn’t have the financial resources to pay for schooling, she doesn’t stop learning something new every day in her business. Maria is asking for a loan for working capital that she will use to buy oranges, melons, tangerines, carrots, barley and cacao (for chocolate). She would like to build her own home.
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Maria De Los Ángeles tiene 46 años, su actividad económica es la venta de refrescos. Tiene 2 hijos menores de edad a su cargo. Ella es muy famosa en su pequeño puesto en las afueras de su humilde vivienda, pues pasa todo el día ofreciendo sus delicioso refrescos, a pesar de no tener muchos conocimientos mucha educación, porque sus padres no pudieron brindarle esa oportunidad por no tener los recursos necesarios para que ella pudiera estudiar, a pesar de esto no se detiene pues todos los días aprende algo nuevo con su negocio. Maria solicita este financiamiento para capital de trabajo que será destinado para la compra de naranjas, melones, mandarinas, zanahoria, cebada y cacao. Ella desea construir su propia vivienda.

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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Maria De Los Angeles working capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2010
Listed
Feb 21, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2010