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Aurora Elena
Aurora’s business is selling basic grains from her home. She purchases her goods and then sells for cash or on credit. She has always enjoyed working, and has demonstrated that she is very reliable, in that she has paid her installments on time and correctly. In addition to this business, she sells cosmetics, to help out with household expenses. Her husband works as a tailor, which offers some help to the family. The loan is for working capital to buy stock. Her goal is to offer the best service required.
View original language description ↓
La señora Aurora posee un negocio que es la venta de granos básicos ubicada en su casa de habitación, sus compras las realiza de compra do y sus ventas de contado y al crédito. Por lo que siempre le ha gustado trabajar ya que ha demostrado ser una mujer muy responsable por pagar sus cuotas en tiempo y forma. Además de su negocio la señora venden cosméticos para a si ayudarse con los gastos de su hogar, su esposo trabaja como sastre brindándole un poco de ayuda a su familia. El financiamiento es para capital de trabajo para la compra de materia prima. Su deseo es brindar el mejor servicio necesario.


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
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 21.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Aurora Elena working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2010
Listed
Apr 7, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011