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Maria Esperanza
41-year old Maria Esperanza has been running a small store for the last three years. She needs the income from it to support her child. Sadly Maria did not have the opportunity to go to school as her parents could not afford it. However, they taught her the most important things.

A friend gave Maria the idea of opening a store in her home; this was how she decided to earn her living this way. Her wish is for her daughter to complete her education so that she can get a good job.

The loan will be used to buy beans, sugar, oil, candy, bread, juices, and soft drinks.
View original language description ↓
Maria Esperanza tiene 41 años, su actividad es una pulpería. Hace más de 3 años que se dedica a este negocio, por lo que necesitaba un medio de vida para mantener a su hijo que está a su cargo, Maria no tuvo la oportunidad de estudiar lamentablemente sus padres no tenían suficiente dinero pero le enseñaron las cosas más necesarias, por medio de una amiga que le dio la idea de establecer una pulpería en su vivienda, fue así que decide obtener esta fuente de ingresos. Su deseo es que su hija finalice sus estudios, para que sea una gran profesional. El financiamiento que solicita es para la compra de frijoles, azúcar, aceite, golosinas, pan, jugos y gaseosas.

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
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Maria Esperanza stock for store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2010
Listed
May 27, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011