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Paola Mayela
Paola Mayela is 30 years old; she is married and has two underage children. She has a taxi which she hires out and everyday she goes to work. She bought the taxi 6 years ago and since then it has been in a good state. At present, she wants to invest in the car by performing a general maintenance on it and to buy some spare parts so that there won’t be any problems. Her problems are the same as anyone in the transportation sector, mainly in gas prices which are increasing everyday. Her dream in the short term is to buy another vehicle to bring more income and another job for her family since the vehicle that she already owns is driven by one of her brothers.
View original language description ↓
Paola Mayela tiene 30 años, es casada y tiene dos hijos, los cuales son menores de edad. Ella tiene un taxi, el cual lo alquila y todos los días sale a trabajar. Este taxi lo compro desde hace 6 años, y desde esa fecha ha salido buen vehículo. Actualmente desea invertirle al vehículo mantenimiento general y comprándole algunos repuestos, con el objetivo de que no tenga ningún problema. Sus problemas, al igual que todo transportista es el precio del combustible, que cada día se hace más caro. El sueño a corto plazo que desea cumplir la señora es comprar otra unidad, para brindar otro ingreso y otro empleo a la familia, ya que el vehículo que tienen es manejado por uno de sus hermanos.

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
  • 175
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Paola Mayela work capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011