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Paula Maria
Paula Maria is 52 years old. She has been selling meat for nine years. One of her daughters helped her start her business, and she has gradually been able to invest her savings in it, too. Paula will use this loan to buy some of the basic supplies she needs for her business. In order to better serve her customers, she wants to offer a better variety of meats. One day, Paula would like to have her own restaurant.
View original language description ↓
Paula Maria de 52 años, su negocio es la venta de carne ella tiene 9 años de de realizar esta actividad pues cuando dio inicio fue por la ayuda de una de sus hijas que le proporciono la ayuda necesaria para que avanzara con esta actividad, pues también invirtió su ahorros poco a poco con esfuerzo su negocio de fue creciendo. Actualmente está solicitando este financiamiento para la compra de materia prima que es necesaria en su negocio. Para darles un mejor servicio a los clientes ella quiere comprar una amplia variedad para ofrecer. Una de sus metas es tener su propio restaurante.

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
  • 163
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Paula Maria working capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2011