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Maria Azucena
Maria has been working with “Fundación León 2000” for a long time and this is not the first time she has gotten a loan. She’s been selling pork for more than six years and five years ago she began making other pork products. She also sells cosmetics. This has all been very satisfactory for her and her family. She will use the money from this loan to buy supplies and more hogs. She has to travel great distance to certain communities in order to get good prices. Maria wants to maintain this business as it is her only source of income.
View original language description ↓
Maria Azucena tiene mucho tiempo de ser cliente de Fundación León 2000 y no es la primera vez que realiza un financiamiento. Desde hace mas de 6 años que se dedica al destace de cerdo, por lo que inicio desde hace 5 años pues es su principal fuente de ingresos ya que así elabora los diferentes productos como frito, pepena entre otros derivados del cerdo, además de tener este negocio ella se dedica a la venta de cosméticos, pues ha sido muy satisfactorio para ella y su familia. El financiamiento que solicita actualmente es para la compra de materia prima como cerdos por lo que tiene que recorrer grandes distancias en ciertas comunidades para obtener precios favorables. El sueño de Maria es mantener este negocio activo que es su principal fuente de ingresos.

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
  • 108
    View loans »
    Nicaragua Loans Fundraising
  • $23,737,400
    Funds lent in using Kiva
  • 21.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Maria Azucena working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2010
Listed
May 24, 2010
Currency Exchange Loss:
Possible
Ended:
May 17, 2011