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Maria Esperanza
Maria Esperanza makes a living providing transportation services. Maria’s husband started this business and was previously in charge of it, but because of his age he was no longer able to get ahead. Maria took over the business with help from her 2 daughters because they needed to pay the household expenses. Getting ahead is very important to her, but at her age it is very difficult to get a stable job due to the difficulties that she faces such as her customers not taking proper care of her vehicle. She is asking for this loan for working capital, which she will invest in making improvements on the vehicle, including welding and repairing the bed of the vehicle. Her dream is to be able to purchase another vehicle.
View original language description ↓
Maria Esperanza tiene la actividad económica de brindar el servicio de transporte. Ella inicia este negocio por su esposo ya que anteriormente era él quien se hacía cargo, pero debido a su edad no ha pudo seguir adelante pero Maria con sus 2 hijas lograron hacerse cargo del negocio, ya que tienen la necesidad de sufragar los gastos de su hogar, ya que para ella es muy importante salir adelante ya que a su edad es muy difícil obtener un trabajo estable a pesar de las dificultades que enfrenta como es el descuido de parte de los usuarios con su vehículo. Ella está solicitando este financiamiento para capital de trabajo destinado para la inversión como es mejora del vehículo, soldaduras y reparaciones del camastro. Ella sueña con lograr comprar otra unidad.

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
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $25,032,475
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Maria Esperanza working capital for making improvements on her vehicle.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Apr 13, 2010
Apr 17, 2010
Currency Exchange Loss:
Mar 24, 2011